South American countries coordinate management of energy resources.

“South American countries are signing several bilateral and multilateral agreements for the exploration, exploitation, sale, and purchase of energy resources—an interesting trend toward a joint regional management of their energy resources. For example, Paraguay will shortly start selling electricity to Argentina and Uruguay. These two countries are signing an agreement to build a regasification plant with shared administration, which will provide power to both countries starting in 2013. Also, Peru, Ecuador, Colombia, and Chile plan to conduct studies in order to interconnect their electrical grids.

"In this context, Brazil is spearheading investment in new energy sources with projects in its territory, and strategic agreements with its South American peers. Brazil is promoting an agreement on technical cooperation issues with Argentina, including cooperation in fields training to better utilize its uranium reserves. Also, in the field of hydroelectric energy, Brazil previously sought to interconnect electrical grids with Argentina, but the new Brazilian administration halted these efforts”

Implications from IFTF:
If this process of regional energy sharing and coordination is successful it can influence how other regions deal with energy shortages. South Africa, Kenya, and Nigeria or Ghana, for example, may be their regional “brazils” in a coordinated effort to create regional energy supplies.