Argentina’s RenovAr Renewable Energy Tender: Who’s in and at what prices?

Summary: Local developers are more prevalent than originally thought in Argentina’s RenovAr renewable energy tender, while foreigners have taken more of a wait-and-see attitude. But the level of oversubscription reveals significant interest in Latin America’s largest remaining undeveloped market. A survey also provides initial impressions on where prices will end up — much higher than for any of its neighbors — as well as a grading of the energy ministry’s work thus far.

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. LAC-CORE Finance Summit

 He was recently named Summit Chairman of the upcoming LAC-CORE Finance Summit held at the Ritz Carlton in Miami, Florida this October 3-5, and will also be speaking at the Argentina International Clean Energy Congress on September 21-23.

Continue reading “Argentina’s RenovAr Renewable Energy Tender: Who’s in and at what prices?”

Please follow and like us:

Why the Latin American renewable energy sector needs to convene

Summary: The Latin American renewable energy sector has developed well in part because of solid institutions and increasing access to transparent information. The next step in its evolution is an annual event where the regional  industry can meet to celebrate its successes, to honor its leaders, and to debate the issues.  That event will take place in Miami this October.

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. LAC-CORE Finance Summit

 He was recently named Summit Chairman of the upcoming LAC-CORE Finance Summit held at the Ritz Carlton in Miami, Florida this October 3-5.

Continue reading “Why the Latin American renewable energy sector needs to convene”

Please follow and like us:

Cuba’s new renewable energy market in need of capital

Summary: Cuba is being courted by numerous governments seeking to gain influence for the country’s significant energy investment needs. But given the lack of traditional development bank funding, there is an opportunity for creative capital sources and for Latin American countries to come to Cuba’s aid and take a leadership role in the renewable energy sector — especially sugarcane bagasse biomass and ethanol.

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. 

LAC-CORE Finance Summit

He was recently named Summit Chairman of the upcoming LAC-CORE Finance Summit to be held at the Ritz Carlton in Miami, Florida this October 3-5 and which will include a keynote from Delice Moreno Garcia, Director General of INEL, Cuba’s engineering company and part of its Ministry of Energy and Mines. INEL is responsible for assessing all technical aspects of the influx of renewable energy investment onto the island.

Continue reading “Cuba’s new renewable energy market in need of capital”

Please follow and like us:

The case against regional power grid integration in Latin America

Summary: Latin American governments and development banks continue to think in black-and-white 20th century mindsets and thus propose similarly outdated solutions. This includes the largely erroneous idea that international electric grid integration will result in lower energy costs and give access to more people, when in reality there are solutions that are a better fit for the region, more cost-effective, and will better serve us.

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.
LAC-CORE Finance Summit

 He was recently named Summit Chairman of the upcoming LAC-CORE Finance Summit held at the Ritz Carlton in Miami, Florida this October 3-5, and will also be speaking at renewable energy conferences in Argentina and Chile in the coming months.

Continue reading “The case against regional power grid integration in Latin America”

Please follow and like us:

Can Argentina’s Energy Sector Come Out of Crisis Mode?

The Inter-American Dialogue was kind enough to ask me to answer a question on Argentina for their latest publication. I copy below the question and my response.

About the Author: Carlos 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 held at the Ritz Carlton in Miami, Florida this Oct. 3-5.

LAC-CORE Finance SummitHe will also be speaking at the Argentina International Clean Energy Congress in September as well as at the the Chile International Clean Energy Congress Week in mid-October.

Continue reading “Can Argentina’s Energy Sector Come Out of Crisis Mode?”

Please follow and like us:

Latin America’s revolución energética needs more revolutionaries

Summary: Significant declines in renewable energy PPA pricing in the region makes clear we are dealing with a commodity with understandable and quantifiable technology risks – a business model that has not really changed since inception a century ago. Yet the true energy revolution that will transform the way citizens power their lives has yet to capture the imagination of our region. This brief analysis makes the case that once it does, it is likely to be stronger in Latin America than anywhere else.

About 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. 

LAC-CORE Finance SummitHe was recently named Summit Chairman of the upcoming LAC-CORE Finance Summit held at the Ritz Carlton in Miami, Florida this October, which will include discussions on the opportunities in smart grids.

Continue reading “Latin America’s revolución energética needs more revolutionaries”

Please follow and like us:

Risks and rewards in Argentina’s upcoming renewables tender

Summary: Argentina has announced the initial details of its 1000 MW renewables tender. There remain a number of uncertainties, but while investors are plentiful and reaching for the brass ring in search of that perfect ready-to-build project, lenders are conspicuous by their absence. A textbook situation for on-balance sheet financing with declining sovereign risk.

About 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.

LAC-CORE Finance SummitHe was recently named Summit Chairman of the upcoming LAC-CORE Finance Summit held at the Ritz Carlton in Miami, Florida this October — in which various Argentine government officials, developers and investors will play an active role.

Continue reading “Risks and rewards in Argentina’s upcoming renewables tender”

Please follow and like us:

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

Continue reading “Why Ecuador doesn’t have a renewable energy sector”

Please follow and like us:

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.

Layout 1

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”

Please follow and like us:

Burned in Chile: The folly of merchant solar power

Summary: Pro-market policies have led to over a gigawatt of solar photovoltaic parks now operating in Chile. But with few long term offtake agreements available, an alarmingly high percentage of these depend on the spot price to generate revenues – which regularly drops to $0/MWh in the afternoons.

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 to generate debate and educate on industry issues.

Layout 1He was recently named Summit Chairman of the upcoming LAC-CORE Finance Summit in Miami, Florida in October 2016.

Continue reading “Burned in Chile: The folly of merchant solar power”

Please follow and like us: