During COP27, countries reaffirmed their 2016 Paris Agreement commitments, as most global institutions agree that countries must shift away from coal, oil, and gas and towards cleaner sources of energy. These sources include constantly improving technologies such as wind and solar. They also include nascent industries like hydrogen. In Latin America and the Caribbean (LAC), … [Read more...] about Five things you should know about the green energy transition in Latin America and the Caribbean
Ariel Yepez
Ariel Yépez-García es el gerente del sector de Infraestructura y Energía en el Banco Interamericano de Desarrollo (BID). Previamente, el Sr. Yépez-García se desempeñó como jefe de División de Energía en el BID. En esta posición, lideró la implementación de proyectos de energía para promover la transición energética, la descarbonización y el desarrollo sustentable de América Latina y el Caribe. Antes de su incorporación al Banco, el Sr. Yépez-García se desempeñó como economista senior de Energía en el Banco Mundial y como Director de Planeación Económica en Petróleos Mexicanos (PEMEX). Asimismo, ocupó distintos puestos en la Secretaría de Hacienda en México, incluido el de Director General de Políticas de Ingresos, Derechos, Precios y Tarifas. Ariel también ha impartido cátedra en la Universidad Nacional Autónoma de México y en el Instituto Tecnológico Autónomo de México. También ha publicado artículos y libros en temas de energía, infraestructura, regulación, finanzas públicas y organización industrial. Su más reciente libro ¿Cómo consumen energía los hogares? Evidencia en América Latina y el Caribe, ha sido publicado en inglés, español y portugués. Tiene un doctorado en economía por la Universidad de Chicago y una maestría en Economía por el Colegio de México. Ariel también recibió el Premio Nacional de Economía del Banco Nacional de México.
Harnessing the power of geothermal in Latin America and the Caribbean
The current combination of geopolitical pressures, and the urgent need to tackle climate change are shaping an opportunity for geothermal to surge across the region as a path to energy transition to clean, reliable and resilient baseload power. However, geothermal energy is not only available to generate electricity, but also direct uses of heat are as important for … [Read more...] about Harnessing the power of geothermal in Latin America and the Caribbean
How Do Households Consume Energy in Latin America and the Caribbean?
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?
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?