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Composed Index for the Evaluation of Energy Security in Power Systems within the Frame of Energy Transitions—The Case of Latin America and the Caribbean

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  • Sergio Fuentes

    (Centre d’Innovació Tecnològica en Convertidors Estàtics i Accionaments (CITCEA-UPC), Departament d’Enginyeria Elèctrica, Universitat Politècnica de Catalunya, ETS d’Enginyeria Industrial de Barcelona, Avinguda Diagonal, 647, 2nd Floor, 08028 Barcelona, Spain)

  • Roberto Villafafila-Robles

    (Centre d’Innovació Tecnològica en Convertidors Estàtics i Accionaments (CITCEA-UPC), Departament d’Enginyeria Elèctrica, Universitat Politècnica de Catalunya, ETS d’Enginyeria Industrial de Barcelona, Avinguda Diagonal, 647, 2nd Floor, 08028 Barcelona, Spain)

  • Joan Rull-Duran

    (Centre d’Innovació Tecnològica en Convertidors Estàtics i Accionaments (CITCEA-UPC), Departament d’Enginyeria Elèctrica, Universitat Politècnica de Catalunya, ETS d’Enginyeria Industrial de Barcelona, Avinguda Diagonal, 647, 2nd Floor, 08028 Barcelona, Spain)

  • Samuel Galceran-Arellano

    (Centre d’Innovació Tecnològica en Convertidors Estàtics i Accionaments (CITCEA-UPC), Departament d’Enginyeria Elèctrica, Universitat Politècnica de Catalunya, ETS d’Enginyeria Industrial de Barcelona, Avinguda Diagonal, 647, 2nd Floor, 08028 Barcelona, Spain)

Abstract

Energy transitions are transforming energy systems around the globe. Such a shift has caused the power system to become a critical piece of infrastructure for the economic development of every nation on the planet. Therefore, guaranteeing its security is crucial, not only for energy purposes but also as a part of a national security strategy. This paper presents a multidimensional index developed to assess energy security of electrical systems in the long term. This tool, named the Power System Security Index (PSIx), which has been previously used for the evaluation of a country in two different time frames, is applied to evaluate the member countries of the Latin American Energy Organization, located within the Latin America and the Caribbean region, to measure its performance on energy security. Mixed results were obtained from the analysis, with clear top performers in the region such as Argentina, while there are others with broad areas of opportunity, as is the case of Haiti.

Suggested Citation

  • Sergio Fuentes & Roberto Villafafila-Robles & Joan Rull-Duran & Samuel Galceran-Arellano, 2021. "Composed Index for the Evaluation of Energy Security in Power Systems within the Frame of Energy Transitions—The Case of Latin America and the Caribbean," Energies, MDPI, vol. 14(9), pages 1-16, April.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:9:p:2467-:d:543603
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