Power Generation

Hydropower will remain the leading source of electricity in Latin America throughout the forecast period (2024 to 2035), but renewable energy (RE) will experience substantial increases. Utility solar photovoltaic (PV) power and onshore wind dominate total investment. Latin America s offshore wind sector is far less developed than those of Europe or...

16 Dec 2019  |  Latin America

Disruptive Trends Impacting the South American Power Rental Market, Forecast to 2024

Transformation from Transaction-based Approaches to Solution-based Models

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Key Issues Addressed

The focus of this research service is to analyze the drivers and restraints that affect the growth of the South American power rental market. Despite the current economic and political crisis, the region has strong economic conditions in place to ensure continuous market development. Factors including increased awareness among customers, demand con...

The deficiencies of the grid power supply and an extensive growth of the Brazilian economy drive the genset market in Brazil. A succession of sports events and the stable growth in the construction industry increase the demand in the rental distribution channel. Meanwhile, the oil and gas industry is the key driver for import substitution in the la...

This research service examines the renewable energy generation market in the Andean Region, which is divided into the following segments: small hydropower, biomass generation, solar photovoltaic power generation and wind power. The region will have a significant growth due to commissioning of wind and solar photovoltaic power plants in the short te...

The need to rapidly increase electricity production means that both Argentina and Chile will encounter major power generation issues. Due to funding issues, inconsistent policies, and other project implementation barriers, the programs for power expansion are frequently postponed. Hence, power generation capacity shortfall results in the potential ...