Latin America faces USD 7 billion annual losses due to grid constraints, IDB Warns
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Latin America and the Caribbean are facing a structural challenge: renewable energy is expanding faster than the region’s electrical grids can absorb.
According to a new report from the Inter-American Development Bank (IDB), more than 53,000 GWh of clean electricity were curtailed in 2024 due to insufficient transmission capacity—equivalent to 3.2% of total regional generation.
Those curtailments represent approximately USD 7 billion in direct losses: clean, fully generated electricity that never reached consumers.
Greater interconnection could reduce regional generation costs by up to 15%, yet progress in recent years has been marginal due to a lack of coordinated planning, harmonized regulations and political alignment.
Source: Wikipedia
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