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
Renewable Energy
Auctions: From the 2020 Nobel Prize for Economics to the Success of Renewables’ Investment
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[1] in order … [Read more...] about Auctions: From the 2020 Nobel Prize for Economics to the Success of Renewables’ Investment
Renewable Energy Policies in Latin America and Caribbean: Auction and Net Metering
Latin American and the Caribbean holds a comfortable leading place in terms of the share of renewables in the electricity generation matrix, mainly due to the share of hydropower generation, which accounted for 47% of total power generation in 2018. Even though the share of renewables in the generation mix decreased by 5% from 2000 to 2018, the generation output of renewables … [Read more...] about Renewable Energy Policies in Latin America and Caribbean: Auction and Net Metering
Energy Security in the Caribbean: Where Distributed Generation and Resiliency Meet
Climate change mitigation, adaptation and finance couldn't be more pressing in Latin America and the Caribbean. In late November, the United Nations released the 10th edition of its Emissions Gap Report, which paints a bleak picture as it outlines the disparity between "where we are likely to be and where we need to be" in meeting out greenhouse gas emissions reduction … [Read more...] about Energy Security in the Caribbean: Where Distributed Generation and Resiliency Meet
Solar and Wind Energy Will Transform the Colombia Energy Matrix
Colombia’s renewable energy auction will increase by 40 times the country’s actual solar and wind energy installed capacity. The auction, carried out on October 22, assigned 10,186 MWh/day of energy contracts at a weighted average price of US $ 0.027 kWh (COP $ 95.65 kWh), approximately 34% lower than the current market prices of bilateral energy contracts. The contracts … [Read more...] about Solar and Wind Energy Will Transform the Colombia Energy Matrix