Roadmap for the Digital Transformation of the Energy Sector in Latin America and the Caribbean

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Díaz Echeverría, Alberto;
Sánchez Campos, Alfonso;
Bordiu Garcia-Ovies, Cecilia
Oct 2023
The 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.