Just Energy Transition / Projection Assumptions
The study’s methodology adopts a bottom-up approach, starting with specific data disaggregated by sectors (residential, industrial, transportation, among others) and energy uses to project total demand. The projections consider key explanatory variables such as sectoral GDP and demographic trends. For instance, population growth drives residential demand, while GDP influences the expansion of productive sectors and transportation.
Regarding energy supply, the LEAP model enables the simulation of annual electricity generation dispatch and the analysis of various optimization methodologies. The report provides a detailed structure of the projections, including the investments required for each scenario. This methodological approach contributes to comprehensive energy planning tailored to the specific characteristics of each country, promoting the implementation of just and sustainable energy transitions in Latin America and the Caribbean.
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