Climate change mitigation, adaptation and finance couldn't be more pressing in Latin America and the Caribbean. In late November, the United Nations released the 10th edition of its Emissions Gap Report, which paints a bleak picture as it outlines the disparity between "where we are likely to be and where we need to be" in meeting out greenhouse gas emissions reduction … [Read more...] about Energy Security in the Caribbean: Where Distributed Generation and Resiliency Meet
The Energy Access Dividend: Accelerating off-grid solutions and bolstering reliability can generate big gains in Honduras and Haiti
For most of the last century, we’ve used a single metric to understand how a society is doing in supplying its citizens with power: electrification rates. By that standard, most of Latin America is doing very well, with 97 percent of households in the region having access. But the binary metric of whether people have electricity access or not can be misleading. It fails to … [Read more...] about The Energy Access Dividend: Accelerating off-grid solutions and bolstering reliability can generate big gains in Honduras and Haiti
Enhancing Rural Electrification and its Productive Use in Bolivia
In 2010, the IDB approved its first Programme of Rural Electrification (PER) in Bolivia, of which the objective was to grant access to electricity to the most remote areas of Bolivia. It resulted in more than 3,000 km of distribution lines and two transmission lines of 200 km that became operational in 2015. Now, Bolivia is looking to enhance rural electrification and its … [Read more...] about Enhancing Rural Electrification and its Productive Use in Bolivia
Solar and Wind Energy Will Transform the Colombia Energy Matrix
Colombia’s renewable energy auction will increase by 40 times the country’s actual solar and wind energy installed capacity. The auction, carried out on October 22, assigned 10,186 MWh/day of energy contracts at a weighted average price of US $ 0.027 kWh (COP $ 95.65 kWh), approximately 34% lower than the current market prices of bilateral energy contracts. The contracts … [Read more...] about Solar and Wind Energy Will Transform the Colombia Energy Matrix
Jamaica, drive electric! Electric Mobility Critical to Energy Security
The global auto industry is in the midst of unprecedented disruption. Emissions limits in the world’s leading economies are forcing automakers to electrify their portfolios. In 2018, Elon Musk’s all-electric startup, Tesla, outsold BMW, Lexus and Mercedes Benz in the US, and nearly every major automaker has announced plans to electrify their line-up by 2025. Bloomberg New … [Read more...] about Jamaica, drive electric! Electric Mobility Critical to Energy Security