In a year marked by volatility in world energy markets, at the IDB we focus our support on low-carbon, fair and inclusive energy transitions in the region. We also continue to show that this transition to clean energy sources is compatible with energy security. We explain in this blog the four areas of progress of our work in Energy in 2022. 1. Thanks to our partners in the … [Read more...] about Moving Forward with Energy: 5 reflections on our work in 2022
Enabling Electricity Regulatory Framework for the Deployment of Electric Vehicles’ Charging Infrastructure
Electric mobility is a technological revolution that can greatly impact the electricity and transportation sectors of Latin America and the Caribbean (LAC). As battery costs continue to decline and business models for deploying electric mobility evolve, electric charging infrastructure will be key to accelerating the energy transition. Energy regulators have a critical role in … [Read more...] about Enabling Electricity Regulatory Framework for the Deployment of Electric Vehicles’ Charging Infrastructure
Jamaica, drive electric! Electric Mobility Critical to Energy Security
The global auto industry is in the midst of unprecedented disruption. Emissions limits in the world’s leading economies are forcing automakers to electrify their portfolios. In 2018, Elon Musk’s all-electric startup, Tesla, outsold BMW, Lexus and Mercedes Benz in the US, and nearly every major automaker has announced plans to electrify their line-up by 2025. Bloomberg New … [Read more...] about Jamaica, drive electric! Electric Mobility Critical to Energy Security
What should be the next steps for energy regulation in this innovation era?
IDB participated in the XXIII Meeting of the Ibero-American Regulatory Association (ARIAE) in which a Regional Cooperation in Support of LAC regions regulators was launched. Energy regulation has been a key element for credibility and predictability to the energy sector; it is the backbone for balancing key objectives of attracting new investment and protecting consumers. … [Read more...] about What should be the next steps for energy regulation in this innovation era?
Does LAC Have the Energy It Takes to Become a World Leader Host of Data Centers?
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?