June 2019

June 2019

Welcome to the June edition of Energy Panorama. We are pleased to share this month’s featured report, the summary and panel notes from the XXVIII La Jolla Energy Conference, as well as video highlights and sideline interviews.

As the summary reflects, the conference this year again contemplated the elements comprising the transformation rippling across the global energy sector. Conference discussions explored many of the angles, players, and implications associated with the global energy transition trends and developments, but also what is driving investment in the sector and where it is coming from.

Several discussions included a view over the horizon for issues and developments that will shape the Latin American energy sector of tomorrow. This was particularly true with a lively opening workshop focused on lithium and the so-called Lithium Triangle in Argentina, Chile and Bolivia.

Panels and breakout sessions delved into myriad segments of the energy sector such as cyber security, transparency and corruption, natural gas and renewables, roof top vs. utility scale energy resources, grid flexibility, regional integration, among others. There was also ample time and robust discussion focused on key country-specific developments in the region including Colombia, Mexico, Argentina and Venezuela.

Our podcast series this month assessed the importance of Argentina’s historic first LNG export cargo and Energy Transition Initiative Director Cecilia Aguillon contributed commentary on digital technology in Latin America’s power sector for the Inter-American Dialogue’s Energy Advisor.

We look forward to our collaboration with the Ministry of Energy and Non Renewable Natural Resources in Ecuador for our Energy Roundtable set for July 25 in Quito, as well as our partnership with IPD Latin America for the inaugural Madrid Energy Conference set for Sep 4-6 in Madrid, Spain.

Latest Reports

XXVIII La Jolla Energy Conference – Summary Report

La Jolla Conference Videos

Venezuela Panel – Part 1, Part 2, Part 3, Part 4

Brazil Panel – Part 1, Part 2

XXVIII La Jolla Conference Highlight Video

Interview with Jose Luis Manzano, Chairman of Integra Capital

Interview with Kevin Ramnarine, former Minister of Energy of Trinidad & Tobago

Interview with Jose Antonio Cepeda, Adviser to the Minister of Energy and Non Renewable Natural Resources of Ecuador and Ecuador’s Representative to OPEC

Interview with Timothy Stephure, Director, Latin America Gas & Power, IHS Markit

Opinion & Analysis

How Will Digital Technologies Boost the Power Sector?


Why Argentina’s First LNG Export Matters

In the News

Mexico wants to review natural gas pipeline project involving Sempra Energy subsidiary

California operator of electricity grid fends off millions of cyberattacks each month

Will you be dependent forever on the other guys?

IOA Briefs New Energy Policy Makers in El Salvador and Shares Regional Renewables Insights at Conference

IOA Briefs New Energy Policy Makers in El Salvador and Shares Regional Renewables Insights at Conference



At the end of July, Institute of the Americas Energy Transition Initiative Director, Cecilia Aguillon visited El Salvador for strategic energy policy conversations and to participate in, the Salvadoran Association of Engineers and Architects ASIA Week 2019, “90 years of ASIA: El Salvador towards sustainable development.

Cecilia Aguillon was a featured speaker at ASIA 2019. During her keynote presentation, Aguillon spoke about the IOA’s work on energy transition issues and shared her insights on renewable energy markets in the Americas. Her remarks and presentation focused on best practices and lessons learned from renewable energy market leaders in the Americas such as California, Brazil and México.

Aguillon also joined a panel discussion with Valdemar Saravia, member of the board of directors of the regulatory authority SIGET and vice president of ASIA; Silvia Vides, Director of the UNDP for El Salvador; Victor Ventura, Chief of Energy and Natural Resources Unit at the UN Economic Commission for Latin America in Mexico; and Herbert Palacios of the El Salvador´s National Energy Council. The panel featured a robust discussion centered around the opportunities and challenges of making energy policies, energy efficiency and renewable energy more accessible to people from all socio-economic sectors of El Salvador.

During her time in El Salvador, Aguillon took the opportunity to meet with newly appointed Director of the National Energy Council, Salvador Handal and the new Superintendent of the Regulatory authority SIGET, Manuel Aguilar. The meetings with these officials proved an important complement to her remarks and presentation at the conference and are crucial for maintaining the close relationship the Institute of the Americas has enjoyed with energy policymakers in El Salvador.


Webinar: OPEC and the Global Energy Transition


The Organization of the Petroleum Exporting Countries (OPEC) was founded in September 1960 by five countries: Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the Founder Members of the Organization. Today, OPEC counts 14 Member Countries including Ecuador and Venezuela in Latin America.

The OPEC mission is to coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital for those investing in the petroleum industry.

Join us for a webinar and discussion with Leonardo Sempertegui, Ecuadorian attorney currently serving as the General Legal Counsel for the Organization of Petroleum Exporting Countries based in Vienna, Austria. He will provide an overview of his organization’s mission and their analysis and perspectives with regards to the transformation of the global energy sector. Leonardo will also join us during our Madrid Energy Conference on September 4-6, 2019 in Madrid Spain.

The webinar will be held Wednesday, August 7 at 10:00am San Diego. Leonardo’s presentation will be followed by a live Q&A session with the audience.


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Webinar: Managing Methane Emissions in Mexico – Lessons from the Development and Implementation of Regulations for the Country’s Oil and Gas sector

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The issue of managing methane emissions has been a critical topic and focal point for the energy industry, policymakers and regulators. A primary component of natural gas, methane is also a more damaging greenhouse gas than CO2. With the boom in natural gas production, attention on properly managing methane leaks from wells, pipelines and the entire natural gas value chain has united focus on reducing its potent emissions while also limiting the waste of the resource being produced.

For the last two years, Mexico has been in the process of developing regulations to similarly manage the issue of methane emissions in the country’s burgeoning oil and gas sector. In late 2018, after years of study and development, Mexico published regulations that will curb methane emissions in the country’s oil and gas sector. The Mexican government received inputs from several environmental organizations as well as industry groups. The final result is a regulatory structure and set of norms that are groundbreaking for Latin America and positions Mexico as a leader on environmental policy and greenhouse gas emissions particularly pertaining to the oil and gas sector.

Join us for a webinar and discussion with <strong>Dr. Luis Vera</strong>, Executive Director of <a href=”https://www.gob.mx/asea”>Mexico’s Agency for Security, Energy and the Environment, ASEA</a>. Dr. Vera will share further insights from the development of the regulations for curbing and properly managing methane emissions in Mexico and early results from their efforts and key factors for other markets and countries to understand as they seek to develop their own regulations.

The webinar will be held Wednesday, July 31 at 10:00am San Diego (12:00 pm Mexico City time; GMT/UTC – 8 hours). Dr. Vera’s formal presentation will be followed by a live Q&amp;A session with the audience.


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May 2019

May 2019

On May 22-23 we hosted the XXVIII annual La Jolla Energy Conference. For readers of Panorama, it goes without saying that the month of May at the Institute of the Americas is synonymous with our annual La Jolla Energy Conference.

We continued with our restructured agenda this year and efforts aimed at greater audience participation and discussion, as well as a “deeper dive” on some of the most critical elements that cut across the entire energy sector. Issues such as lithium, safety in the energy sector, transparency and corruption, renewables and natural gas, cyber security, distributed generation, the costs of energy transition, how much oil for how long and a host of country-specific debates including Argentina, Mexico, Brazil, Colombia and Venezuela. Our traditional nightcap roundtable saw the largest turnout ever for a robust debate of what comes next in Venezuela, with an emphasis on the political and electoral outlook. But it wasn’t all work, and despite uncooperative weather, we enjoyed the marvelous views and outdoor ambiance that marks networking and sidebar discussions at the La Jolla Conference. We even squeezed in a teambuilding hike at Torrey Pines Reserve.

On the content side, the conference discussions reflected the immense amount of change across Latin America and what may be best termed an uncertainty rippling across the region and the energy sector. Indeed, the massive transformation coursing across the global energy sector continues to demand attention by policymakers, regulators, investors as does the broader macroeconomic outlook for several key markets.

We are admittedly partial but we feel this year’s discussions again served to foster high-level public-private dialogue on the future of the hemisphere’s energy sector. The La Jolla Conference remains the linchpin for the Institute of the Americas objective of serving as an honest broker of policy and investment debates surrounding the hemisphere’s most critical energy and sustainability issues.

Stay tuned for our La Jolla Conference report for further details. In the meantime, check out our sideline interviews with panelists and speakers, as well as the articles and stories derived from discussions at the La Jolla Conference.

This month’s webinar series featured a continuation of our discussion and analysis of lithium and a presentation aimed a demystifying the so-called Lithium Triangle and developments in the broader lithium market. Additionally, we were pleased to host a presentation of OLADE’s Energy Panorama and Outlook 2018 as part of our webinar series.

Finally, we are delighted to include Part 2 of the reports based upon our Argentina Energy Roundtable – Huge Energy Potential, Big Challenges.

Latest Reports

Argentina Energy Roundtable 2019: Huge Energy Potential, Big Challenges – Part 2

La Jolla Conference Videos

Interview with Jose Luis Manzano, Chairman of Integra Capital

Interview with Kevin Ramnarine, former Minister of Energy of Trinidad & Tobago

Interview with Jose Antonio Cepeda, Adviser to the Minister of Energy and Non Renewable Natural Resources of Ecuador and Ecuador’s Representative to OPEC

Interview with Timothy Stephure, Director, Latin America Gas & Power, IHS Markit

La Jolla Conference in the News

La Oxy, operador de Caño Limón, se crece con exploración en el mar

Más de diez razones que llevarían el petróleo a 80 dólares

Pemex produjo y exportó menos en abril

El neuquino clave para una petrolera en Colombia

“El futuro de Vaca Muerta está en el mercado global de GNL”

“Para las renovables es difícil competir con el precio bajo del gas”

Manzano y Vaca Muerta: “En Neuquén la estabilidad política e institucional fueron clave”

OAS ready to lend electoral support to Guyana – official

Christopher Spaulding: “Veo a la Argentina entrando en el mercado global del gas licuado”

El exministro menemista José Luis Manzano quiere sumarse al boom del litio

Vaca Muerta: preservar el ambiente es vital para ser sustentables

En San Diego ven las posibilidades del litio en la región

Strong civil society key to EITI success

Opinion & Analysis

ENERGY MATTERS © vol. 5 – ANZMEX editorial by IOA Board Member Chris Sladen

Will Bolsonaro’s Government Meddle in Petrobras Affairs?


XXVIII La Jolla Conference Curtain Raiser


Lithium in Focus: What exactly is it, why does South America have so much of it and how should it be developed?

Panorama Energético de América Latina y el Caribe 2018


Webinar: Lithium in Focus: What exactly is it, why does South America have so much of it and how should it be developed?

Webinar: Lithium in Focus: What exactly is it, why does South America have so much of it and how should it be developed?

For more information contact Jacqueline Sanchez



Lithium has increasingly captured attention as the world undergoes an energy transition. The role for lithium-ion batteries both in terms of energy storage and as a key element for the batteries that power electric vehicles has driven much of the interest and focus. Indeed, various projections point to soaring demand with some estimates predicting demand to triple by 2025. Lithium is particularly important as part of the energy transition debate in Latin America given the massive deposits in the region. The countries of Argentina, Bolivia and Chile make up the so-called Lithium Triangle and count 54% of global resources. Chile has long been a major producer, but more recently, according to the government of Argentina, investment in that country’s booming lithium market has increased tenfold over the last five years.

But does the hype match the potential? Is the market growing as rapidly as predicted? Moreover, what are the various technologies and how will Latin America’s lithium deposits be monetized? Beyond technology, are there environmental and community constraints in Latin America to consider as part of the region’s lithium outlook?

Join us for a webinar and discussion with Emily Hersh, Managing Partner at DCDB Group, and host of the Global Lithium Podcast, to help demystify the topic of lithium and what to expect in the coming months and years for Latin America’s Lithium Triangle.

The webinar and virtual panel will be held Wednesday, April 24 at 8:00am San Diego (12:00 pm Buenos Aires time; GMT/UTC – 8 hours). Her formal presentation will be followed by a Q&A session with the audience.


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