Español The household sector is a key stakeholder in energy markets, mainly its regulation and policies. Since 1971, electricity and gas demand from Latin American and Caribbean households has more than tripled, outpacing high energy-intensive sectors such as transportation and manufacturing, and reshaping aggregate energy demand. Balancing affordability, quality, and … [Read more...] about How Do Households Consume Energy in Latin America and the Caribbean?
Ariel Yepez
Ariel Yépez-García é o Gerente do Setor de Infraestrutura e Energia do Banco Interamericano de Desenvolvimento (BID). Antes, foi Chefe da Divisão de Energia do BID, liderando a implementação de projetos para promover transição energética, descarbonização e desenvolvimento sustentável na América Latina e no Caribe. Antes de ingressar no BID, atuou como Economista Sênior de Energia no Banco Mundial e como Diretor de Planejamento Econômico na Petróleos Mexicanos (PEMEX). Também ocupou vários cargos na Secretaria da Fazenda do México, incluindo o de Diretor Geral de Receita, Royalties, Preços e Tarifas. Yépez-Garcia lecionou na Universidade Nacional Autônoma do México e no Instituto Tecnológico Autônomo do México. Publicou artigos e livros sobre energia, infraestrutura, regulamentação, finanças públicas e organização industrial. Seu livro mais recente é ‘Como as famílias consomem energia? Evidências da América Latina e Caribe’, publicado em inglês, espanhol e português. Ele é doutor em Economia pela Universidade de Chicago e mestre em Economia pelo Colegio de México. Recebeu o Prêmio Nacional de Economia do Banco Nacional de México.
Auctions: From the 2020 Nobel Prize for Economics to the Success of Renewables’ Investment
This year’s Nobel Prize winners in economics were two economists from Stanford University. Robert Wilson and Paul Milgrom improved upon the auction theory and developed new modalities of auctions, thereby opening novel options to improve market efficiency and appropriate resource allocation. Robert Wilson was the first to create a framework for analyzing auctions[1] in order … [Read more...] about Auctions: From the 2020 Nobel Prize for Economics to the Success of Renewables’ Investment
The quarantine and its dwellers: ¿Do we change our electricity consumption behavior?
Since confinement measures began to be applied, we have been forced to remain inside our homes for a long period of time. These measures of social distancing have required the reduction of economic activities, the closing of schools, and the limitation of physical displacement. In the region, a huge number of people share residences with their families or other co-inhabitants … [Read more...] about The quarantine and its dwellers: ¿Do we change our electricity consumption behavior?
Monitoring the impact of the COVID-19 crisis on electricity: lower demand with different profiles
The COVID-19 is having an impact on several sectors of the economy, and the power sector is not spared. The electricity sector is an integral part of the economy. The importance of its monitoring lies in the fact that it can help us: (1) prepare for futures challenges in the electricity sector associated with the revenue gap in the following months; (2) track the economic … [Read more...] about Monitoring the impact of the COVID-19 crisis on electricity: lower demand with different profiles
Leveraging the Benefit of Low Oil Prices: A Call for Hedging Actions
For several weeks now the world has been suffering the impacts of COVID-19. One of the immediate impacts of the crisis has been a significant drop in economic activity, resulting in a sudden fall in demand and inevitably world oil prices. Such low oil prices had not been witnessed since the 2008 global financial crisis. For how long these prices will remain low is a big … [Read more...] about Leveraging the Benefit of Low Oil Prices: A Call for Hedging Actions