Introduction. The article examines the most important component of the Latin
American economy — the energy sector, the development of which is on the agenda
in many integration groupings in the region. The relevance of the work is substan
tiated and the main purpose of the article is formulated — to identify the specifics
and prospects for the development of integration processes in the energy sector in
the Latin American region, which are mainly related to the current energy agenda
in the world.
Materials and methods. The main method and explanatory principle of the work
is the institutional activity approach in conjunction with the principles of histori
cism, systematic and comparative analysis, as well as the analysis of the study of this
problem in the modern scientific space. The article is based on the scientific works
of foreign and domestic scientists devoted to various aspects of the study of integ
ration processes in Latin America and the development of the Latin American ener
gy market.
Results of the study. In the course of the study of integration processes in La
tin America, the influence of the energy factor on integration in the Latin American
region has been determined, as well as trends and prospects for the development of
integration processes in the energy sector in the Latin American region, which are
98mainly related to the current energy agenda in the world, have been identified and
systematized.
Discussion. In order to achieve the goal, the features of the development of the
regional energy market of Latin America are analyzed and several of the most pressing
issues are identified, such as energy security, which also stimulates the integration
processes in the region under study, the development of investment activities, the re
jection of traditional energy sources, the capacity building of renewable energy and
the implementation of climate policy.
Conclusion. It is concluded that the energy sector can serve as a new impetus
for the activation of integration processes in the region and its study in this aspect
carries not only elements of novelty, but also prospects for optimizing integration
processes.
Key words: energy, integration, investment, Latin America, MERCOSUR, re-
newable energy sources, energy security, climate policy.
10.56429/2414-4894-2022-39-1-97-114