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Most outlooks cautiously predict that economies in Latin America and the Caribbean will begin to gradually pick up in 2017. This should provide a boost to electricity demand, which closely tracks the region's economic health, but the recovery is likely to be uneven, given that certain countries have fared far worse than others. Even as electricity consumption has cooled off in the last few years, activity in the Latin American power industry has not stagnated. The region is bringing new capacity online and expanding, sometimes belatedly, its electrical grids to accommodate the new generators. Renewable energy sources, wind and solar in particular, continue to break new ground and will likely be a major focus on the 2017 energy agenda's of many Latin American governments.
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