Advancing Latin America%27s Power System Transformation 2025

Innovative finance mechanisms to unlock grid investmentsSolution 2 Green transmission line standard Develop a standardized framework to designate transmission projects as “green” based on their alignment with national decarbonization goals. Solution 3 Pipeline platforms for bankable projects Establish dedicated platforms to identify, structure and prepare grid infrastructure projects for investment. Technology solutions to overcome challenges for power gridsSolution 1 Digitalization to drive grid intelligence Deploy advanced digital technologies that virtualize and monitor grid operations in real time. Solution 2 Advanced transmission technologies Adopt high-voltage direct current (HVDC) technology to enable efficient, long-distance power transmission between remote renewable energy generation zones and major demand centres. Solution 3 Advanced energy storage solutions Integrate storage solutions with transmission and distribution planning to improve asset utilization and enhance resilience. Solution 4 Inverter-based resources for grid stability Scale inverter-based resources to reduce inertia and fault current in power system.Summary of solutions to accelerate power system transformation in LAC (continued) TABLE 1 Advancing Latin America’s Power System Transformation 4