< ALACRA META ABSTRACT>BMI View: Our key views for the Latin American power market continue to play out, with the region offering multiple business opportunities across the power generation, transmission and distribution sectors. We highlight that major countries in the region will launch auctions for power transmission and renewable energy projects over the coming months, while Chinese companies will continue to increase their presence in the region s power sector Table: Latin America Headline Power Forecasts ---- ----f ----f ----f ----f ----f Latin America generation, total, TWh -,---.-- -,---.-- -,---.-- -,---.-- -,---.-- -,---.-- ...< ALACRA META ABSTRACT>BMI View: Our key views for the Latin American power market continue to play out, with the region offering multiple business opportunities across the power generation, transmission and distribution sectors. We highlight that major countries in the region will launch auctions for power transmission and renewable energy projects over the coming months, while Chinese companies will continue to increase their presence in the region s power sector Table: Latin America Headline Power Forecasts ---- ----f ----f ----f ----f ----f Latin America generation, total, TWh -,---.-- -,---.-- -,---.-- -,---.-- -,---.-- -,---.-- Latin America capacity, net, MW ---,---.-- ---,---.-- ---,---.-- ---,---.-- ---,---.-- ...These include Chile, Mexico and - due to the recent economic reforms introduced by the government of President Mauricio Macri - Argentina. New plans for asset acquisitions in Brazil by large Chinese power groups have confirmed our view that the Brazilian market will be a major expansion target for Chinese infrastructure companies over the coming quarters, due to their high risk-tolerance and the country s expanding energy needs.
...BMI View: Our key views for the Latin American power market continue to play out, with the region offering multiple business opportunities across the power generation, transmission and distribution sectors. We highlight that major countries in the region will launch auctions for power transmission and renewable energy projects over the coming months, while Chinese companies will continue to increase their presence in the region s power sector. ...That said, our core view remains that those countries that present a more stable business environment, stronger macroeconomic outlook and more attractive regulatory framework - such as Chile and Mexico - will see faster growth and offer better rewards to investors. Our broadly positive view for the Latin American power market is reflected in our ---year industry forecasts; we expect total power consumption to grow at an annual average rate of -.- between ---- and ----, reaching approximately -,--- terawatt hours (TWh) by the end of our ---year forecast period. Meanwhile, we expect both installed power capacity and power generation to expand by an annual average of -.- over the same period - totalling ---.-- gigawatts (GW) and -,---TWh, respectively, by the end of ----. ...Our broadly positive view for the Latin American power market is reflected in our ---year industry forecasts; we expect total power consumption to grow at an annual average rate of -.- between ---- and ----, reaching approximately -,--- terawatt hours (TWh) by the end of our ---year forecast period. Meanwhile, we expect both installed power capacity and power generation to expand by an annual average of -.- over the same period - totalling ---.-- gigawatts (GW) and -,---TWh, respectively, by the end of ----.
...We continue to see evidence that Latin America has become a major target of expansion for power and infrastructure firms from China. Chinese developers and operators of power assets are capitalising on their access to greater funding compared to competitors from North America and Western Europe, allowing them to acquire companies and be contracted for projects in countries with a relatively unattractive business environment. ...
