COVID-19 reminds us of the importance of continually investing in energy efficiency and technologies to reach a sustainable energy matrix in the Caribbean. Energy efficiency and sustainability are recurring issues that challenge the Caribbean energy sector. Prior to the COVID-19 pandemic, the energy sector has been vulnerable to the effects of climate change. The frequency … [Read more...] about Transforming the energy system in the Caribbean: technological disruption, and resilience
Among the different impacts of COVID-19 on the energy sector, we have seen a strong impact on prices around the world. For instance, the European power market has experienced record negative prices. The electricity prices depend on the market design and also on structural and conjunctural variables. Understanding how prices are reacting is important for a better understanding … [Read more...] about Electricity prices: the heterogeneous impact of COVID-19 on LAC markets
Since the pandemic started the Energy division has been monitoring the evolution of the electricity demand and comparing it to the regular patters that were consumed the last year. After implementing different measures of social distancing in different countries, electricity consumption has reduced to different degrees. Monitoring this evolution is important both at sectorial … [Read more...] about Energy Consumption, a Gaze to the Industrial Production Reduction
Investment in sustainable infrastructure and renewable energy has become a key part of economic recovery plans for major economies. Many countries are taking an opportunity in this current crisis to propose recovery programs that can help address climate change and promote sustainable development. Examples of such proposals include advancing sector digitalization, … [Read more...] about Accelerating the energy transition, the key to a green recovery
How can we encourage girls and women to be interested, study and work in science, technology and engineering? Throughout history, the fields of Science, Technology, Engineering and Mathematics (STEM) have been shaped by gender biases that exclude women and girls. The unequal access to education, technology and leadership positions have alienated countless brilliant … [Read more...] about The energy sector needs more talent and diversity!