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
Gerente del Sector de Infraestructura y Energía en el Banco Interamericano de Desarrollo (BID). Previamente, se desempeñó como jefe de División de Energía (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. 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.
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