Energy subsidies are widely used across the globe. The International Monetary Fund (IMF) estimates that energy subsidies cost trillions of dollars each year as they are increasingly used due to fiscal constraints, peaks in fuel prices, and the misalignment of incentives with climate change efforts. In addition to the heavy burden, … [Read more...] about Communication Strategies: A Key Element for Energy Subsidy Reforms in Latin America and the Caribbean
Electricity prices: the heterogeneous impact of COVID-19 on LAC markets
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