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.
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
Welcome to the April edition of Energy Panorama and our countdown to the XXVIII La Jolla Conference on May 22-23.
We are pleased to feature reports based upon discussions at our Mexico and Argentina Roundtables in February and March.
The Argentina report is part one from our two-day event and focuses on the challenges that companies face in developing Vaca Muerta, one of the world’s biggest shale plays and the first to come into large-scale production outside North America. Indeed, the resources are so vast that the production growth has turned around more than a decade of dwindling oil and natural gas output, and led to bright forecasts. But as the discussions at the roundtable underscored and are encapsulated in our report, Argentina’s notorious economic and financial volatility have stunted growth for decades. And the country is hurtling toward a presidential election in October.
Our discussions in Mexico and subsequent Roundtable report focused on an assessment of the Lopez Obrador government’s vision and outlook for energy self-sufficiency and the role for oil & gas and electricity. The Roundtable was timed to coincide with 100-day mark for the government, a useful marker to take stock of the policy proposals and implementation strategies of the new administration.
Given the timing of the event, a great deal of attention was placed on the government’s effort aimed at reducing theft and illegal taps, the so-called huachicoleo. Secretary of Safety and Citizen Security Alfonso Durazo offered closing keynote remarks and an update on the gains the government had made to address the issue of theft and losses.
Discussions also focused on a critical challenge facing the new government: recovering Mexico’s declining oil production as well as how to manage the dramatic transformation of the electric sector and cost-competitive marketplace that each day is incorporating more megawatts of clean power.
Indeed, one of the most important outcomes was the discussion of how to advance expansion of the electric sector and a possible mechanism for long term power auctions under the current market rules. Our non-resident fellow, Leonardo Beltran, synthesized the idea into an op-ed published in Reforma; the link can be found below.
As the calendar turns to May be sure to make plans to join us in La Jolla for the XXVIII La Jolla Conference on May 22-23. But make sure you arrive the afternoon of May 21st to take full advantage of the activities we have organized. And don’t forget to leave your ties at home!
Argentina Energy Roundtable 2019: Huge Energy Potential, Big Challenges – Part I
Mesa Redonda sobre Energía en México 2019 – Informe
XXVIII La Jolla Conference Curtain Raiser
Impulsando la competitividad eléctrica
ENERGY MATTERS © vol. 4 – ANZMEX editorial by IOA Board Member Chris Sladen
ENERGY MATTERS © vol. 3 – ANZMEX editorial by IOA Board Member Chris Sladen
In the News
Aprovechan desdén petrolero de México
Adelantan a México en hidrocarburos
Colombia Inks Offshore Oil Deals with Ecopetrol, Repsol, ExxonMobil
JEMSE fue parte de la Mesa Redonda del Instituto de las Américas