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Energy Flow: Latin America and Caribbean (2008)

By Lenin Balza and Carlos Sucre

Abstract

An energy flow is an innovative graphical depiction of the energy matrix of a country or region. Using homogenous data provided by the International Energy Agency (IEA), which allows for cross-country comparisons, the flow shows the supply of primary energy, produced domestically and imported, along with exports of primary energy and imports of secondary energy. The flow then moves to the transformation and consumption of this supply, depicting inputs towards electricity generation and the final consumption of primary and secondary energy, by product and by sector of the economy. The different sources of energy are measured in thousand barrels of oil equivalent per day (kboe/day), in order to provide a method for comparing distinct energy sources. These flows are part of a larger project that also takes into account the institutional frameworks of the energy sector of each country in Latin America and are produced yearly since 2008 and by historical periods: 1971-1974, 1984-1987, 1999-2002 and 2005-2008. The project gives Bank officers a clear, more thorough understanding of a country's energy sector, in an easy-to-use fashion, allowing them to be better informed during lending and partnering processes. It similarly allows country policymakers to identify energy patterns and direct investments with more ease.Energy & Mining :: Energy Markets, energy, Latin America, Caribbean, energy matrix, energy flow, energy market

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