Clean electrification could give South American industry a significant economic and environmental advantage. With some of the world’s most renewable electricity grids, countries such as Brazil, Chile, Colombia, and Uruguay have an opportunity to electrify heavy industry, reduce exposure to fossil-fuel price volatility, improve efficiency, create jobs, and strengthen industrial competitiveness. The article examines the readiness of electric industrial technologies, the need for grid modernization, and the potential for electrification to support reindustrialization and a more competitive, renewables-based economy. Read the full report