Government policy is the major driver of energy efficiency. For instance, in the residential sector power demand and electricity consumption often coincide with peak demand, making it very suitable for energy efficiency actions. … [Read more...] about How can government policies promote energy efficiency in Latin America and the Caribbean?
“Thank God we have light. We’ve never had light before. It is a very important benefit,” said Francisca Rivera, in her home in Santa Rosa, a village near Panama City, Panama. … [Read more...] about How Can Women Participate in Providing Energy Solutions in Latin America and the Caribbean?
The dramatic drop in the price of crude oil from around 100 dollars per barrel ($/b) in June 2014 to just over 30 $/b today has produced a wealth of commentary and analyses. Some have focused on the impact that such a steep decline will have on oil exporters, others have discussed the potential benefits to consumers, and there have also been good discussions on fiscal and … [Read more...] about A New Model for the Oil Market
Latin America and the Caribbean is a region with high potential for renewable energy of all kinds. However, there are still gaps in terms of access to electricity access. Approximately 24 million people still have no electricity access, while others have access with very low quality, particularly in isolated systems. In this context, hybrid systems are a real cost effective … [Read more...] about Why are Hybrid Energy Systems Important for Latin America and the Caribbean?
Energy is a key part of the social and economic development of a country. If you don’t believe me, just look at countries with a high dependence on petroleum-based fuels for energy consumption. For example, in Central America and the Caribbean where there are high penetrations of petroleum products for electricity generation, countries face high prices for … [Read more...] about 3 Ways Governments can Take Advantage of Low Oil Prices and Invest in a More Sustainable Future