It is estimated that the cheapest green hydrogen (H2) production in 2030 would come from Latin American countries. Latest data on hydrogen levelized costs shows: 1) a decrease of 13% in the 2030 green H2 forecast, compared to the previous outlook; 2) by 2030, green hydrogen should be cheaper than blue hydrogen in many markets and it will be competitive with natural gas … [Read more...] about Would green hydrogen be the natural development of Latin America and Caribbean renewables endowment?
The authors would like to thank Veronica Prado, Jordi Abadal and Rochelle Johnson for their inputs to prepare this blogpost. The Caribbean is no stranger to external economic shocks and climate disasters. As small, open economies with limited economies of scale, weak institutions, high fiscal deficits, it hinders its ability to readily adapt and transform amid exogenous … [Read more...] about Keeping the lights on during natural disaster: Lessons in resilience
Did you know that one kilogram of hydrogen has roughly the same energy content as one gallon of gasoline, and yet when burnt, it only emits water? In other words, the combustion of hydrogen is 100% without any carbon emission. When the hydrogen is obtained from the reforming of natural gas, and its carbon emission is captured, stored and/or utilized (CCSU) we refer to it as … [Read more...] about Will hydrogen development in Latin America and the Caribbean be color blind?
The fight against climate change is one of the greatest global challenges of the 21st century, and as paradoxical as it may be, the mining industry, including lithium, will be responsible for providing much of the material needed to make this change possible. Today's environmental challenges require, among other things, a profound transformation of the global energy … [Read more...] about The time is now, tomorrow will be too late! Lithium, Li-ion batteries and the energy transition
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 in order … [Read more...] about Auctions: From the 2020 Nobel Prize for Economics to the Success of Renewables’ Investment