Colombia’s hurdles to developing a viable renewable energy sector

Summary: Despite its hydro-centric energy matrix, Colombia has yet to establish a true renewable energy sector. The government needs to address three key issues if investors are to take the country seriously: the capacity payment scheme needs restructuring; the transmission grid needs expanding into the Guajira peninsula; and the clubby oligopolistic nature of the electricity sector addressed. Until then, Colombia’s boast of a low carbon economy will remain more the result of fortuitous geography than of any concerted effort.

About the AuthorCarlos St. James is a leading advisor to energy investors and developers in emerging markets. He co-founded and presided over the Argentine Renewable Energies Chamber from 2005-2011; 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 to help generate debate on the industry’s issues.

He will speak at the LAC-CORE Clean Energy Finance Summit, June 13-15, 2017 in Miami, where the Colombian market and many other issues will be discussed.

Continue reading “Colombia’s hurdles to developing a viable renewable energy sector”

Please follow and like us:

Argentina’s shotgun approach to renewables creates a buyer’s market for projects

Summary: RenovAr’s Round One and 1.5 were successful, but pricing is now below true country risk, distorted in part by low-cost Chinese capital supplying technology. This has created a buyer’s market for projects, which are burdened by two shortcomings: a lack of debt availability at favorable rates and imperfect project development.

Carlos St James 2016About the AuthorCarlos St. James is a leading advisor to energy investors and developers in emerging markets since 2005 through Santiago & Sinclair, LLC. He co-founded and presided over the Argentine Renewable Energies Chamber from 2005-2011; has been a board member of the Latin American & Caribbean Council on Renewable Energy (LAC-CORE) since 2010; and publishes the Latin American Energy Review in his free time.

He will speak at the upcoming LAC-CORE Finance Summit to be held next June 2017 in Miami, Florida.

Continue reading “Argentina’s shotgun approach to renewables creates a buyer’s market for projects”

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:

How Argentina is transforming into a viable renewable energy market

Summary: Argentina has begun an in-depth scrubbing to make itself attractive to outside investors.  It needs more than $5 billion in renewable energy investments in the next year. There are a number of developed projects seeking investors for this year’s tenders — and the pricing will cause serious temptation.

IMG_0600 croppedAbout the AuthorCarlos St. James is an advisor to energy investors and developers in emerging markets. He 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.

 PrintHe was recently named Summit Chairman of the upcoming LAC-CORE Finance Summit in Miami, Florida in September 2016.

Continue reading “How Argentina is transforming into a viable renewable energy market”

Please follow and like us:

Why the recent Peruvian renewable energy auction was significant for Latin America

Summary: Large foreign players made a bold presence in Peru last week and took home twenty-year deals at unheard of prices. This article briefly analyzes the possible strategies involved in the bidding process and looks at how this might affect other markets in the region.

Carlos St James closeupAbout the AuthorCarlos St. James is an advisor to energy investors and developers in emerging markets. He 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 September 2016.

Continue reading “Why the recent Peruvian renewable energy auction was significant for Latin America”

Please follow and like us:

Getting WACC’d in Latin America: How renewable energy policies affect cost of capital

Summary: Every Latin American government designs policies and establishes market mechanisms that address different risks, looking to minimize them and therefore the weighted average cost of capital (WACC) of renewable energy investment projects. This article outlines various policy risks and gives examples of individual country successes and failures.

Carlos St James closeupAbout the AuthorCarlos St. James is an advisor to energy investors and developers in emerging markets. He 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 September 2016. Continue reading “Getting WACC’d in Latin America: How renewable energy policies affect cost of capital”

Please follow and like us:

Five things Argentina can do to boost renewables

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.

Carlos St James closeupAbout 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.

Continue reading “Five things Argentina can do to boost renewables”

Please follow and like us:

Argentina’s Growing Dependency on Imported Energy

Daniel Montamat
Daniel Montamat

Invited Contributor: Daniel Gustavo Montamat authored this piece exclusively for The Review.  He was Argentina’s Secretary of Energy from 1999-2000; President and board member of YPF, the country’s national oil company from 1987-1989; and a director of the national gas company from 1985-1986.

Continue reading “Argentina’s Growing Dependency on Imported Energy”

Please follow and like us:

Mexico’s Energy Model

Summary: Analyzing the Mexican energy sector without looking at our country’s modern history might lead to erroneous conclusions regarding the bases on which it is designed.

Jordy Herrera Flores
Jordy Herrera

Invited Contributor: Jordy Herrera Flores authored this piece exclusively for The Review.  Jordy was Secretary of Energy of Mexico under President Calderon, and one of the intellectual authors of the energy reforms now taking place.

Continue reading “Mexico’s Energy Model”

Please follow and like us: