In the past 30 years, geothermal energy has become a key source of electricity generation worldwide, and it is clear why: it offers competitive costs, technical reliability, and it provides firm power with high load factors that make it an extremely attractive source of energy. Not only is it a clean, renewable technology that has low environmental impact, but it is also a … [Read more...] about Three steps to ensure that geothermal energy takes off
Climate change
Small hydropower as a response to climate change
Small hydroelectric plants (SHP) have been conceived in Argentina as part of the strategy to address climate change under Nationally Appropriated Mitigation Actions (NAMA), which form part of the United Nations Framework Convention on Climate Change (UNFCCC). The IDB, together with the Government of the Province of Salta, and the Universidad Torcuato Di Tella, … [Read more...] about Small hydropower as a response to climate change
How do the falling oil prices affect renewable energy?
Recent market signals show a correlation between low oil prices and negative impacts on the renewables industry. The clearest example that has arisen in recent months is with manufacturers of solar technology in developed countries like the United States or even in China, whose shares have lost their market value at the same rate as the shares of companies in the industry oil. … [Read more...] about How do the falling oil prices affect renewable energy?
Latin American and the Caribbean will be the first region to achieve universal electricity access
The first objective of the United Nations Sustainable Energy for All initiative is to provide universal access to modern energy services by 2030. No region is closer to reaching that goal than Latin America and the Caribbean, which is why the Inter-American Development Bank, which runs the Sustainable Energy for All Americas initiative, has thrown its support behind providing … [Read more...] about Latin American and the Caribbean will be the first region to achieve universal electricity access
Measuring climate progress ton by ton
Mounting climate pressure underscores challenges ahead It is not often, and in fact rare, that we’re presented with overwhelming evidence of meaningful progress in combatting the challenges of climate change. In fact, to the contrary, scientific research and climate news tends towards the grim realities of society’s predicament. In the pure pursuit of improved livelihoods and … [Read more...] about Measuring climate progress ton by ton