Summary: A new government, a decade’s worth of pent-up demand, uncommonly abundant wind and sun and water. Five things the country must do to begin to regain credibility and attract the $5 billion it needs over the next two years.
About the Author: Carlos St. James is an advisor to energy investors and developers in emerging markets. He founded the Argentine Renewable Energies Chamber; is a board member of the Latin American & Caribbean Council on Renewable Energy; founded and is chairman of the Middle East-Americas Energy Council; and is publisher of the Latin American Energy Review.
An overview of the state and outlook of Brazil’s renewable energy industry, detailing the country’s potential, renewable energy installed capacity and pricing trends, and discussion be sector including wind, bioenergy (primarily ethanol) and solar.
Invited Contributor: Camila Ramos authored this piece exclusively for The Review. She is Director at Clean Energy Latin America/CELA, and a board member of the Washington-based Latin American & Caribbean Council on Renewable Energy/LAC-CORE.
With its world-class solar resource and location, Mexico is a major candidate for solar energy development: with an average solar radiation around 5.8 kWh/m2 per day, it receives twice as much solar resource as Germany, for example. Despite this privileged resource, the ground-mounted photovoltaic capacity in the country is only about 6 megawatts. This implies a huge untapped potential, amidst the increasing cost of energy in the country and the exceptional regulatory framework for renewable energy.
Invited Contributor: Hector Olea authored this piece exclusively for The Review. He is CEO of Gauss Energia, a firm specialized in Mexico’s energy sector. From 1995 to 2000 Hector was Chairman of the Mexican Energy Regulatory Commission (CRE).