Latin America and the Caribbean (LAC) is a diverse and heterogeneous region in terms of natural and economic resources. Thus, energy challenges vary significantly among the subregions and countries. While some countries in the region experience a fast industrialisation process and seek to follow the trends on expansion and modernisation of their energy infrastructure, others strive to address energy security, access and competitiveness challenges. At the same time, the potential of energy production from hydro, solar and wind resources in the region is enormous. Today, these resources have high potential to overcome the energy challenges in the region and to modify its energy mix towards a more sustainable system.