Is the Region Capable of Meeting Increased Electricity Demand?

Brazil\u27s Säo Paulo state has suffered several major power failures this year, while the Venezuelan government has enacted rationing measures and begun importing electricity from Colombia. Meanwhile, Argentina\u27s electricity consumption in May grew by 7.8 percent over the year prior, and the Chilean government has repeatedly said it will need to double its electricity generation capacity in the next 10 to 15 years. As Latin American economies continue to grow, how capable are they of meeting electricity demand? Are power shortages likely to hamper growth and, if so, where? What role should the state play in developing the power sector, and is the booming demand for electricity likely to make for a more favorable foreign investment climate in the industry