In June 2017 government authorities of Guyana, Suriname, French Guiana and Brazil (the Arco Norte countries) met in Paramaribo, Suriname to discuss the results of the Arco Norte Electrical Interconnection Pre-Feasibility Study. The study assessed the potential for interconnecting the power systems in the Arco Norte countries, and concluded that an interconnection can deliver … [Read more...] about Arco Norte Interconnection: Prefeasibility Study
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An Opportune Time for Reforming Energy Subsidies in Latin America and the Caribbean
by Estefanía Marchán, Ramón Espinasa, and Ariel Yépez-García. The G20 – a group comprising the world’s 20 leading economies – will meet in Argentina next year for its 10th annual summit aimed at coordinating action to strengthen the global economy and tackle pressing global challenges including climate change. The phasing out of fossil fuel subsidies—a pledge first made by … [Read more...] about An Opportune Time for Reforming Energy Subsidies in Latin America and the Caribbean
Energy Management and Efficiency in Jamaica
The signing of the Energy Management and Efficiency Programme (EMEP) marks a historic turning point for Jamaica. For the first time in the country’s history, a coordinated effort to plan for optimal use of energy resources is underway. The positive tone set and the proactive steps taken by this government will resonate in Jamaican households and businesses and it will support a … [Read more...] about Energy Management and Efficiency in Jamaica
Is there still market power in the generation sector?
What are the possible outcomes of market liberalization in the electrical sector? Could be reduction in energy prices, increasing private participation, and an overall more competitive market. A recent policy brief by IDB examines the reform impacts from the perspective of market monitoring, measuring firms’ ability to influence prices in the spot energy market. The results … [Read more...] about Is there still market power in the generation sector?
Unlocking Geothermal Power in Latin America and the Caribbean
Using innovative financial mechanisms and lessons learned from Costa Rica, Nicaragua, El Salvador, the United States, Kenya, Iceland, and Guadeloupe … [Read more...] about Unlocking Geothermal Power in Latin America and the Caribbean