What the Picture Looks Like in Latin America and the Caribbean? The short-term effects of COVID-19 cannot be ignored by anyone. Millions of Americans have lost their jobs, the French have to ask for permission to leave their house, the Vatican was empty on the first days of Easter and carparks have been transformed into temporary hospitals. All sectors of the economy … [Read more...] about Electricity Demand in the Time of COVID-19
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
The Archipelago of San Andres can boast of almost universal electric power coverage. Practically the entirety of its 52.2 Km² has access to electricity in order to light resident’s homes and power the tourist industry that propels its economy. However, the Archipielago still faces energy related challenges. An energy efficiency program can counteract many of them. The … [Read more...] about Energy Efficiency on an Island: The Archipelago of San Andrés, Providencia and Santa Catalina
Energy is key for economic development. Oil, gas, and electricity serve as an important input for transport and industry processes. Electricity is essential for household’s well-being, and commercial activities. Moreover, the quality of most public services, such as health and education, rely on electricity. Historically, demand growth is coupled with economic development. … [Read more...] about Energy transition and economic development: a challenge or an opportunity for Brazil?
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?