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Energy and utilities
The Energy sector plays a pivotal role in economic and social development by supplying what might be described as the “flow of blood” to production and transportation systems. Its main objective is to ensure the reliable, affordable and clean energy needed by modern societies, thus contributing to well-being and prosperity around the globe.
The Energy sector involves the generation, transmission and distribution of electricity derived from a variety of sources, including fossil fuels,ไ nuclear power and renewable sources. It also includes activities concerned with fuels themselves, which extend along the entire value chain, such as oil and gas extraction and transportation, coal mining, refining of petroleum products, and wholesaling and retailing of fuels.
Latin America* is betting big on renewable energy. Between 2015 and 2020, the region’s renewable energy (RE) capacity expanded by a cumulative 𒅌33% (65 GW) to reach 261 GW in the final year of that period, according to data provided by ...
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Renewable ener🔯gy is an important part of Chile’s electric power generation mix. About 46% of the overall electricity produced in 2020 was renewables-based. The non-hydro power gener🅺ation took a 20% share. Chile has installed 13.7 GW ...
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