Accelerating private investment for a secure, resilient, and low carbon energy future through the Caribbean Regional Energy Policy Dialogue 2023 Energy services are key for improving lives across the Caribbean. The region experiences some of the highest electricity costs globally due to their heavy reliance on imported fossil fuels for power generation, thus impacting their … [Read more...] about Bringing together the Caribbean through Energy
Imagine having key and updated data from the electricity distribution sector in LAC in just one place. Certainly, it would facilitate comparison, analysis, and regional research. We have good news for you! Next October 27, at 2:30 pm (EDT) the IDB will be launching two initiatives in partnership with the Energy Hub: Electrorating and Electrokit. Sign up! Why are these … [Read more...] about Great news for the Electricity Sector: Electrorating and Electrokit
Energy subsidies are widely used across the globe. The International Monetary Fund (IMF) estimates that energy subsidies cost trillions of dollars each year as they are increasingly used due to fiscal constraints, peaks in fuel prices, and the misalignment of incentives with climate change efforts. In addition to the heavy burden, … [Read more...] about Communication Strategies: A Key Element for Energy Subsidy Reforms in Latin America and the Caribbean
Electric mobility is a technological revolution that can greatly impact the electricity and transportation sectors of Latin America and the Caribbean (LAC). As battery costs continue to decline and business models for deploying electric mobility evolve, electric charging infrastructure will be key to accelerating the energy transition. Energy regulators have a critical role in … [Read more...] about Enabling Electricity Regulatory Framework for the Deployment of Electric Vehicles’ Charging Infrastructure
As the number of vaccines rises and vaccinations programs throughout Latin America and the Caribbean (LAC) take up different speeds, the end of the covid pandemic is within sight. From the Energy division in the IDB, we have been tracking the impact the covid transformative effects in LAC’s behaviors and economic activity have on utilities. While the pandemic grew in strength … [Read more...] about The road ahead: how the pandemic transformed electricity demand. The path to recovery.