Within the framework of the XI Energy Week, the Latin American and Caribbean Energy Organization (OLACDE) and the European Union reaffirmed their commitment to deepening energy cooperation between both regions and advancing an agenda aimed at strengthening the integration of Latin America and the Caribbean.
This new phase combines European expertise in electricity market integration, grid regulation, and cross-border infrastructure planning with OLACDE's capacity to coordinate priorities and processes among its 27 member countries. Building on this complementarity, the agenda aims to advance better-prepared projects, strengthen capacities, and expand opportunities for cooperation and investment in strategic areas for regional energy integration.
The Energy Cooperation Action Plan 2026–2028, agreed within the framework of the Memorandum of Understanding signed in May 2025, establishes regional energy integration and energy planning as priority axes, with regulation as a complementary line.
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One of the main areas of work will be electrical integration, with cooperation in preparing priority interconnection projects, conducting pre-feasibility studies, and structuring initiatives at various stages of development. Periodic updates to the OLACDE Regional Electrical Interconnection Plan are also planned.
The agenda also includes gas integration, through technical dialogues between authorities and specialists from both regions, and energy planning, with expert workshops, exchange of methodologies, and capacity building. In regulatory matters, exchanges will be promoted between authorities, regulators, and transmission system operators.
Another key component will be the participation of national energy agencies, technical bodies, regulators, operators, and companies from the European Union Member States in the various lines of work. This cooperation includes specialized assistance, training, joint studies, and support for identifying and preparing projects, as well as the possibility of mobilizing technical and financial resources for priority initiatives.
With this agenda, OLACDE and the European Union seek to expand the scale of energy cooperation between both regions and translate it into greater capabilities, better-prepared projects, and new opportunities to deepen the energy integration of Latin America and the Caribbean.