The energy transition is changing the dynamics of the global investment landscape and opening the door to new activities and business opportunities that will likely impact the sector’s labor market. Evidence from certain LAC countries suggests that for every million dollars invested in the energy sector’s emergent areas, between 7 and 49 new jobs are created. To fully unlock … [Read more...] about Unlocking the employment potential of Latin America’s Energy Transition
The digital economy is powered by cloud-based data services around the world, such services are growing at a staggering pace of 30-40% annually for some data providers. A key component of cloud-based services is to have data centers that are located close to data domain centers, to reduce the latency of data management and transfer. Powering these data centers and thus … [Read more...] about Does LAC Have the Energy It Takes to Become a World Leader Host of Data Centers?
An ongoing concern that the world is nowhere near achieving its carbon reduction goals is part of today’s global public policy agenda. Among the factors explaining the rise of carbon emissions are new investments in coal burning plants, and the advanced age of the existing coal power plants in developed economies. In 2015, global investments on coal power plants were over … [Read more...] about After the investment is done, fossil fuel plants will keep running for a while
On the September 27th and 28th 2018, the Interamerican Development Bank’s Energy Division held the workshop “Regulatory Challenges and Tools to the Introduction of New Technologies” in Washington, D.C., as part of the series Infrastructure Talks: Innovation in Infrastructure. The event counted with the presence of regulators and policymakers from 11 countries of the Latin … [Read more...] about REGULATORY CHALLENGES AND TOOLS TO THE INTRODUCTION OF NEW TECHNOLOGIES: COORDINATING REGULATORY PRIORITIES AND STRATEGIES IN LATIN AMERICA AND THE CARIBBEAN
On April 9th, Mr. Paul Simons, Deputy Executive Director of the International Energy Agency (IEA), presented at the Inter-American Development Bank (IDB) the key findings from IEA’s flagship report, World Energy Outlook 2017 (WEO 2017). Mr. Simons addressed the important role of emerging economies, where the Latin American and the Caribbean (LAC) region will become an … [Read more...] about World Energy Outlook 2017: How will the Energy Sector evolve till 2040?