OLADE reveals the energy sector's high sensitivity to climate change

We have worked with the Latin American Energy Organisation (OLADE) on the preparation of a study that reveals the energy sector’s high sensitivity to climate change in Latin America and the Caribbean

TECNALIA has worked with OLADE to conduct an exhaustive study that reveals the energy sector’s high sensitivity to climate change in Latin America and the Caribbean. This report comes at a critical time given the increasing penetration of renewable energy and the increase in extreme weather events affecting the region.

Energy infrastructure, vital for economic and social development, faces significant risks that require immediate attention and medium- to long-term adaptation strategies.

Assessment of climate risks facing the energy sector

Based on data provided by the C3S and other sources, TECNALIA has generated climate information aimed at assessing the different climate risks faced by the energy sector, including aspects such as changes in renewable resources, extreme events that may affect energy transmission and distribution, etc.

• This information has been made available to the participating countries (Argentina, Bolivia, Brazil, Chile, Ecuador, El Salvador, Grenada, Honduras, Panama, Paraguay, Peru, Dominican Republic and Uruguay) for it to be considered in energy planning.
• It has also been used to prioritise the risks faced by the region's energy systems.

Climate information to ensure resilient development

The study, led by OLADE in collaboration with regional and international experts, provides crucial information for policy planning and development to strengthen the resilience of the energy infrastructure. This will not only protect investments and reduce maintenance costs, but will also ensure a more reliable and sustainable energy supply for Latin American and Caribbean communities.

For companies in the sector, this knowledge is essential in order to mitigate risks and adapt to future climate change.