As solar and wind generation continue to transform power markets across Latin America, new challenges are emerging. Maintaining flexible and resilient power systems is critical as more renewable power comes onto the grid and the region sees more extreme weather events. These shifts are catalyzing investments in flexible energy sources and power grid infrastructure, but how are power companies and investors balancing local risks with new business opportunities? What strategies can increase the resilience of business models amid economic and political uncertainties? How are policies evolving to embrace new paradigms in power systems?