The Inter-American Dialogue’s Energy, Climate Change & Extractive Industries Program seeks to improve understanding and communication on energy and climate policy issues in Latin America through research, public events, and roundtable discussions. By producing balanced analysis and convening policymakers, corporate leaders, and industry experts, we inform and shape policies that promote energy security and climate change mitigation while encouraging economically, socially, and environmentally responsible development of natural resources.
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.
Long-term power supply auctions are an increasingly popular instrument worldwide for attracting renewable energy investment while cutting prices, increasing energy security, and reducing emissions. Latin America has been at the forefront of using auctions to boost renewable energy capacity. This study analyzes design and outcomes of government-led long-term power auctions with participation from non-conventional renewable sources in six countries in Latin America and the Caribbean (Brazil, Chile, Mexico, Argentina, Peru, and Jamaica) since 2015.
2019 has been a tumultuous year for South America. In recent months, mass protests have swept across several countries, including major oil and gas producers Bolivia, Ecuador, Peru, and Colombia. Continued political and social turbulence will likely contribute to stagnant oil and gas production growth in these countries. Conversely, Brazil and Guyana are on track to become the region’s largest sources of supply growth.
This event, hosted in collaboration with the Institute of the Americas, aimed to examine the issues facing Mexico’s climate for energy investment across various sectors including power, renewables, oil and natural gas.