Skip to main content

Latin America Jurisdictions

Overview

Latin America has some of the world's cleanest electricity grids due to abundant hydropower resources, particularly in Brazil, Colombia, and the Andean countries. Nuclear power exists in Brazil, Argentina, and Mexico.

Jurisdictions

JurisdictionSSS RelevanceKey ResourcesStatus
Brazil⭐⭐⭐⭐ Very HighHydro (56%), Nuclear (2%), Wind (14%), Solar (9%)✅ Complete
Argentina⭐⭐⭐ HighNuclear (7%), Hydro (25%), Wind/Solar✅ Complete
Colombia⭐⭐⭐ HighHydro (70%), Wind/Solar✅ Complete
Mexico⭐⭐ MediumNuclear (4%), Hydro (10%), Wind/Solar✅ Complete
Chile⭐⭐ MediumHydro (25%), Solar (Atacama), Wind✅ Complete

Regional Characteristics

South America:

  • Hydro-dominant grids (Brazil, Colombia, Paraguay, Ecuador, Peru)
  • Nuclear in Brazil and Argentina
  • Rapid wind/solar growth
  • I-REC is the primary EAC standard

Central America & Caribbean:

  • Smaller, often isolated grids
  • Mix of hydro, gas, oil, and growing renewables
  • Limited EAC infrastructure

Mexico:

  • Mixed grid (gas, oil, renewables, nuclear)
  • State utility (CFE) dominant
  • CEL system for clean energy certificates

EAC Infrastructure

CountryPrimary EAC SystemNotes
BrazilI-RECOne of world's largest I-REC markets
MexicoCEL, I-RECDomestic + international
ArgentinaI-RECGrowing market
ChileI-RECActive market
ColombiaI-RECGrowing market

Key Nuclear Markets

CountryOperating CapacityShare of GenerationTrend
Brazil~2 GW (Angra 1 & 2)~2%Angra 3 under construction
Argentina~1.8 GW (3 reactors)~7%SMR development, expansion
Mexico1.6 GW (Laguna Verde)~4%Maintain existing