Latin America Energy Integration

Honestly, I was not expecting obtain the results I got. When I started thinking about what topic choose for my paper term I decided to research something globaly and oriented to Latin America. Regarding that there are common characteristics and each country has similar needs. Thus at the end I decided to know and learn about the current conditions to integrate Latin America's Energy Resources.

After analyzing each country I found several interesting facts. First of all, I found that in Latin America are countries that their economies are not Oil dependance such as Costa Rica. Instead of Oil, its 80% of the economy is based on Renewables. Moreover, I obtained that NGas is one of the most resources that are not been exploited properly.

On the other hand, Latin America has a lack on infrastructure. There are not pipelines to conduct Oil or NGas among nations. Solar and Wind Technology are not developed, not even consider as a percentage of their sources forms. Hydroelectric powers are coomon in developing nations due to the natural diversity.

To achieve an Energy Integration it is needed a regulatory framework. Therefore, I research and I found that there are a couple of proposal that referes a Sub-Regionals integrations. For example, the first sub-regional zone could be PetroCaribe, this zone would involve countries such Cuba, Haiti, Jamaica, etc that are very close and their economies could be compared and integrated due their similiarity, such as sugar cane, hydro, etc.

The second zone could be, Petro Andina. This zones would include countries of the north of South America, Central America and Mexico. This zone are two main economies, Mexico and Venezuela. This Sub-region could integrate and distribute Oil, Gas and Rnewables among each other.

And the third zone would include Brasil, Argentina, Chile, Paraguay, Bolivia and Peru. The name of this zone would be Petro South. Basically this zones are defined based on the actual International Agreements: MercoSur, ALADI and the ANDEAN community of nations.

To integrate Latin America as a region would provide stability, creation of jobs, technology sharing, sustaibable development, reduction os emissions, and so on. Therefore, the legal framework is already set, the current agreements could encourage and facilitate this integration, the disposition is there, the only thin is measing is to start working.