Welcome to the October edition of Energy Panorama. We just returned from Bogota where we hosted two exciting programs – a Roundtable discussion with four high-level panels that assessed the future of Colombia’s oil and gas sector and two private roundtable sessions focused on social license to operate issues and energy transition. Stay tuned for our reports based upon the discussions.
During the Third Annual Latin American Energy Conference hosted by the Inter-American Dialogue, Energy & Sustainability Vice President Jeremy Martin shared insights on the current state of the natural gas market in Argentina and thoughts on the election and change in government. See panel video below.
Energy Transition Initiative Director Cecilia Aguillon weighed in on the question of will Latin America and the Caribbean meet its ambitious renewable energy target by 2030 for the Dialogue’s Energy Advisor. Cecilia also spoke at a unique event in Mexico convened by the Government of the State of Guanajuato and German aid agency KAS to consider the role of sub-sovereign efforts to drive energy and climate policy in Mexico. She shared insights from States in the US and municipalities in California on sub-sovereign climate and energy policies, particularly with regards to deployment of renewable energy.
Energy Policy Associate Jacqueline Sanchez continued her work on energy transition issues and was invited to by the Government of Chile to participate in an APEC workshop focused on decentralized energy and distributed energy resource solutions.
On November 6, our webinar series turns to Argentina and discussion with YPF on their energy transition strategies and investment plans featuring Elena Morettini, Geoscience Advisor & B20 Energy Officer at YPF.
In December, we return to Washington, DC for our annual collaboration with the Inter-American Dialogue and discussion of the energy sector in the Western Hemisphere. This year’s event will assess Mexico’s energy sector as President Andrés Manuel López Obrador marks one year in office. We look forward to seeing you there.
Welcome to the September edition of Energy Panorama. We began the month in Madrid with our partners IPD Latin America for the inaugural Madrid Energy Conference. We were pleased to count on the participation of Spain’s Secretary of Energy, Jose Dominguez Abascal and senior executives and government officials from across Europe and Latin America. Be sure to check out our first short report based upon discussions at the conference, Global Energy Transition Demands Cooperation, not Competition; Oil and Gas Companies Must Lead the Way. We will be publishing several other similar reports in the coming weeks.
With the launch of the Madrid Energy Conference we have created a new platform and venue for discussion of the issues at the core of the Europe-Latin America energy nexus. Mark your calendar to join us on September 16-18, 2020 for the second annual Madrid Energy Conference.
We are also pleased to publish two important reports focused on lithium in collaboration with the Payne Institute at the Colorado School of Mines. Authored by La Jolla Conference speaker and lithium expert Emily Hersh, the reports are a continuation of our work on the issues surrounding lithium developments in Latin America and the battery and energy storage market as part of our Energy Transition Initiative.
Welcome to the Summer edition of Energy Panorama. We’ve rolled July and August into one. We are pleased to share this month’s featured report derived from our Ecuador Energy Roundtable. We would like to also reiterate our gratitude to Minister of Energy Carlos Perez and his entire team for their support and participation at the Roundtable at the end of July.
As August flies by, we are busy finalizing plans together with our partners IPD Latin America for the inaugural Madrid Energy Conference set for Sep 4-6.
Spain’s Secretary of Energy, Jose Dominguez Abascal, will offer the opening keynote address followed by a series of high-level panels contemplating the Europe-Latin America energy nexus against the backdrop of the global energy transformation. We look forward to seeing you at this important new addition to the Institute of the Americas program and activity calendar.
We hosted two webinars in recent weeks, the first an update and discussion with Mexico’s ASEA Director Luis Vera on methane emissions reduction regulations. We were also pleased to host the General Counsel of OPEC, Leonardo Sempertegui. He shared his organization’s views and insights on the global energy transition. Leonardo Sempertegui will also be a featured speaker at the Madrid Energy Conference.
We have been closely following Argentina and contributed a commentary for the Inter-American Dialogue’s Energy Advisor on elections and energy policy.
Energy Transition Initiative Director Cecilia Aguillon spent time in El Salvador briefing new energy policy makers and sharing regional renewable energy lessons learned at a conference in San Salvador. Energy Policy Associate Jacqueline Sanchez continued her work on issues related to women in energy and recounted her participation and experience at a DOE and APEC energy forum and training session in Singapore. She also heads to Mexico City to participate in women in energy discussions this month.
We look forward to seeing you on Sep 4-6 in Madrid, Spain.
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.
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.
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!
Great panel to discuss #Oilandgas update -#price, #upstream and #production, #storage, #downstream and #DosBocas with Mr. Sladen from Recoinnatre Ltd., Warren Levy, Jaguar Exploración y Producción, Rosanety Barrios @vozexpertamx @pzarater @AztecDuncan @MexicoInstitute
Continuing with the last day of our #LJC2020 to discuss #gas and #power update -pipelines, #power markets and #renewables moderated by @MontseRamiroX @vozexpertamx with @memo_z @LeoBeltranR, Juancho Eekhout @IEnova_MX and Gerardo Serrato from Hartree Partners #LJC2020