Integrated natural gas-electricity resource adequacy planning in Latin America

Latin America is among the most dynamic regions for natural gas and electricity development. This paper discussed natural gas-electricity resource adequacy planning for Brazil, Chile, Mexico, and Colombia. The perspectives for creating an integrated market in the Southern Cone of Latin America were also presented. The continent has abundant natural gas reserves and high-growth energy markets. Many countries are promoting the use of natural gas for power generation in an effort to diversify away from heavy investments in hydropower and costly oil. These measures have created competition between hydro- and thermal generation, the breaking of cross-country natural gas agreements, as well as competition between natural gas and other resources for power generation and transmission.