The economic damage wrought by Covid-19 in the Caribbean will have numerous implications for the energy sector. In this Q&A, Jed Bailey, managing director of Energy Narrative, discusses impacts for renewables, resilience, utilities, and more.
The perfect storm of the plummeting oil price and the Covid-19 pandemic could have dire consequences for oil-dependent Latin American economies, lead to a reduction in upstream investment, and damage the prospects for renewable energy projects.
A private long-term power auction and changes to Clean Energy Certificate rules are major developments in a challenging new context for Mexico’s renewable energy sector. Nate Graham, assistant for the Energy Program, asked non-resident senior fellow Héctor Castro Vizcarra about their implications.
For over a decade Colombians have been debating whether or not to allow oil companies to use hydraulic fracturing, or fracking, to produce oil and gas from shale rock, a technique that has been controversial in many countries. The high court’s decision last week to uphold a moratorium on fracking suggests the increasingly polarized debate is far from over.
President Andrés Manuel López Obrador has shaken up Mexico’s energy industry even more than anticipated. Nate Graham, assistant for the Energy Program, posed some questions to non-resident senior fellow Héctor Castro Vizcarra to discern where the country’s energy sector is headed.
2018 will be a pivotal year for energy in Latin America, as the region’s top oil producers are set to hold presidential elections that could lead to sweeping policy changes.
Mexico held a highly successful auction for oil and gas contracts in the deepwater Gulf of Mexico on December 5, giving a boost to its plans to lift production and investment in the country’s failing oil sector.
The arrival of business-friendly Kuczynski, more commonly known as PPK, promises to bring important changes to the energy and mining sectors.
Prolonged droughts caused by the El Niño weather phenomenon combined with the impacts of climate change are exposing Latin America’s severe vulnerability to reliance on hydropower.
While Brazil’s political future hangs in the balance, Petrobras – the state oil company at the center of Brazil’s largest corruption scandal – is also facing great uncertainty.
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