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dc.titleRoadmap for the Digital Transformation of the Energy Sector in Latin America and the Caribbean
dc.contributor.authorAlvarez Alonso, Oliverio
dc.contributor.authorDíaz Echeverría, Alberto
dc.contributor.authorAfonso, Noé
dc.contributor.authorSánchez Campos, Alfonso
dc.contributor.authorBordiu Garcia-Ovies, Cecilia
dc.contributor.editorIrigoyen, José
dc.contributor.editorRiobó, Alexander
dc.contributor.editorBoeck Daza, Eric Fernando
dc.contributor.editorPfeifer, Maria
dc.contributor.orgunitEnergy Division
dc.coverageLatin America and the Caribbean
dc.date.available2023-10-25T00:10:00
dc.date.issue2023-10-25T00:10:00
dc.description.abstractThe digital transformation of the energy sector in Latin America and the Caribbean is a profound process that goes beyond technology. It involves updating assets, systems, and organizational culture. This transformation is driven by four pillars: user participation, flexibility in generation systems, resilience, and a strong value chain. The publication identifies lessons learned and best practices globally and measures the degree of progress in the region through surveys. Finally, it identifies five recommendations to accelerate the digital transformation of the sector in the region: a modern and stable regulatory framework, economic incentives to invest in digitalization, adoption of disruptive technologies, a strong digital culture, and public-private collaboration.
dc.format.extent98
dc.identifier.doihttp://dx.doi.org/10.18235/0005215
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Roadmap-for-the-Digital-Transformation-of-the-Energy-Sector-in-Latin-America-and-the-Caribbean.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Hoja-de-ruta-para-la-transformacion-digital-del-sector-energetico-en-America-Latina-y-el-Caribe.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/portuguese/document/Roteiro-para-a-transformacão-digital-do-setor-de-energia-na-America-Latina-e-Caribe.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectEnergy
dc.subjectDigital Transformation
dc.subjectDigital Technology
dc.subjectInvestment
dc.subjectValue Chain
dc.subjectRenewable Energy
dc.subjectInfrastructure Development
dc.subjectResilience
dc.subjectScience and Technology
dc.subjectRegulation
dc.subjectBusiness Model
dc.subjectSmart Meter
dc.subjectInnovation
dc.subjectCybersecurity
dc.subject.jelcodeL94 - Electric Utilities
dc.subject.jelcodeO14 - Industrialization • Manufacturing and Service Industries • Choice of Technology
dc.subject.jelcodeO32 - Management of Technological Innovation and R&D
dc.subject.jelcodeO33 - Technological Change: Choices and Consequences • Diffusion Processes
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
dc.subject.jelcodeQ55 - Technological Innovation
dc.subject.keywordsDigital Transformation;digitalization;Energy;users;Resilience;value chain;innovation;technology;flexibility;cybersecurity
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-02833
idb.operationRG-T4098
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