A study by ECLAC highlights the potential of smart grids technology in the Latin America and the Caribbean, which will greatly enhance the regions energy security. For example, Grand Cayman’s only public electric utility, The Caribbean Utilities Company, Ltd (CUC), is already in the process of implementing a smart grid solution.
The report includes a general discussion of the smart grids functionalities and on the description of the progressive evolution of an electricity system from the present state towards the full deployment of smart grids concept. The study also puts the concept into the Latin America and Caribbean context through the preliminary analysis of six representative countries including Jamaica, Chile, Brazil, Uruguay, Mexico, and Panama.
Although acknowledging the wide difference between the network situations in the LAC region, the different drivers that may motivate the network development and the consequent variety of targets to be reached, the study proposes a general Decalogue of the most important implementation priorities to be considered.
Link to Report (pdf)