Central American energy integration offers great economic potential for the region.
By Roberta S. Jacobson, Amos J Hochstein, and Scott Nathan
Roberta S. Jacobson, Assistant Secretary of State for Western Hemisphere Affairs
Western Hemisphere energy markets are in a period of profound transformation, as the United States and partners throughout the region seize opportunities to reform and expand energy production, integrate economies, create jobs, and enhance stability and citizen security. U.S. leadership in the energy sector is helping to catalyze and support more sustained and equitable economic growth.
Nowhere does this prospect of energy-led economic growth offer greater potential than in Central America’s electricity sector, where countries have the opportunity to build a future of clean, reliable, and affordable electricity by connecting power grids across borders and developing a regional electricity market.
Amos J Hochstein, Acting Special Envoy and Coordinator for International Energy Affairs
Those of us who enjoy reliable access to affordable electricity are prone to take it for granted. However, without it, businesses of all sizes cannot compete in today’s global economy, pushing prosperity out of reach for too many workers and their families.
With this in mind, President Obama, Colombia’s President Santos and the region’s other leaders agreed at the 2012 Summit of the Americas to make electricity supplies cleaner, more reliable, and affordable by expanding …
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