Hydro modernisation in South America requires better financing and regulation

Sector consultation on hydropower modernisation in Latin America and the Caribbean has shown that, despite clear drivers for modernisation, more investment and regulatory support is urgently needed to encourage projects.

The region is heavily dependent on hydropower, which is the main source of electricity in many countries. A recent IDB-IHA study on hydropower modernisation potential and investment needs in the region was recently presented to 500 stakeholders, who were surveyed on opportunities and challenges for modernisation projects.