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
Energy Efficiency: Live Smart, Invest Smart, Save Smart
Last week I had the opportunity to share some of IDB´s projects and developments on energy efficiency in the region at the CSIS conference in Washington, and I’d like to share some of our work with our readers. Energy efficiency could emerge as what some of us like to call the “prosperity fuel”: the IDB as the largest development lender in Latin America and the … [Read more...] about Energy Efficiency: Live Smart, Invest Smart, Save Smart
How to Turn on the Lights in Haiti
"How to turn on the light in Haiti" (available in Spanish) tells the story of a successful rural electrification program in Haiti, a program that could be implemented in other rural areas of Latin America and the Caribbean. … [Read more...] about How to Turn on the Lights in Haiti