WASHINGTON, CMC - A report commissioned by the Inter-American Development Bank (IDB) has found that Latin America and the Caribbean’s renewable energy endowment is large enough to cover its projected 2050 electricity needs many times over.
The report “Rethinking our Energy Future” argues that lower prices and new technologies are making renewables a viable alternative.
It also says that solar, geothermal, wave, wind and biomass sources in the region could produce up to 80 petawatt-hour of electricity.