Why Ecuador doesn’t have a renewable energy sector

Summary: Ecuador is rich in natural resources harnessable into clean energy. But unless it becomes more consistent in it policymaking, moves a little more quickly, and reduces energy subsidies, it will remain dependent on outside assistance, just like the Galapagos tortoise. [Our thoughts and prayers are with the 22 Ecuadorean soldiers that died this weekend in a plane crash as well as the hundreds in the earthquake. †]

Carlos St JamesAbout the AuthorCarlos St. James is an advisor to energy investors and developers in emerging markets. He co-founded the Argentine Renewable Energies Chamber in 2005; has been a board member of the Latin American & Caribbean Council on Renewable Energy since 2010; founded the Middle East-Americas Energy Council in 2014; and publishes the Latin American Energy Review in his free time.

He was recently named Summit Chairman of the upcoming LAC-CORE Finance Summit in Miami, Florida in October 2016, to which Ecuador’s energy minister has been invited to speak.

LAC-CORE Finance Summit

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A Matter of Faith: Argentina’s new renewable energy regulations

Summary: Argentina published the initial set of regulations for its renewables law and is rapidly moving towards a public tender, with billions at stake. There are still a lot of unknowns and additional resolutions will be forthcoming — but until then, it is a market where instinct will have to play an unusually large role for investors.

Carlos St JamesAbout the AuthorCarlos St. James is an advisor to energy investors and developers in emerging markets. He co-founded the Argentine Renewable Energies Chamber in 2005; has been a board member of the Latin American & Caribbean Council on Renewable Energy since 2010; and publishes the Latin American Energy Review in his free time.

He was recently named Summit Chairman of the upcoming LAC-CORE Finance Summit in Miami, Florida this October, in which Argentina’s situation will play a major role.

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He will also be a panelist on an Argentine-centric renewable energy webinar on April 28 and pontificate at a breakfast briefing to be held in Buenos Aires in mid-May.

Continue reading “A Matter of Faith: Argentina’s new renewable energy regulations”

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