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Wind Power Monthly: Argentina is easing conditions on wind energy developers to unlock projects held up by the country’s long-running economic crisis. Under a ruling issued 3 August by Energy Secretary Dario Martinez, developers will be given more time to complete construction of their wind energy projects awarded power purchase agreements under the Renovar series […]
IEEFA
Argus Media: US utility AES is accelerating the shutdown of 1,097MW of coal-fired power generating units in Chile, in line with the greening of its corporate strategy and the country’s decarbonization plan. Ventanas units 3 and 4 in the central coastal city of Puchuncavi and Angamos 1 and 2 in the northern port city of […]
IEEFA
Canary Media: The United States has already lost the solar power manufacturing race to China. Now the Biden administration wants to make sure that it doesn’t lose the lithium-ion battery race. That’s the focus of a new set of policies announced by the Department of Energy on Tuesday, aimed at regaining market share from China, […]
IEEFA
Bloomberg ($): “This time is different” may be the most dangerous words in business: billions of dollars have been lost betting that history won’t repeat itself. And yet now, in the oil world, it looks like this time really will be. For the first time in decades, oil companies aren’t rushing to increase production to […]
IEEFA
OilPrice.com: As oil majors around the world solidify their positions in the hydrogen industry, the IEA has highlighted Latin America as a clear area of opportunity for the production of what many expect to be the energy source of the future. “Latin America could become a key contributor to the global push towards low carbon […]
IEEFA
Bloomberg: Exxon Mobil Corp. is about to incur the biggest writedown in its modern history as the giant U.S. oil and gas producer reels from this year’s collapse in energy prices. Exxon — traditionally far more reluctant to cut the book value of its business than other oil majors — on Monday disclosed it will […]
IEEFA
Renewables Now: Argentina’s northernmost province of Jujuy announced Friday the start of power supply at the 300-MW Cauchari solar photovoltaic complex. The Argentine Wholesale Electricity Market Clearing Company (CAMMESA) issued the commercial authorisations to the Cauchari I, II and III PV parks, each with 100 MW of individual capacity. These plants started the sale of […]
IEEFA
PV Magazine: Representatives of Argentina-based Alcaal Group visited Chad at the beginning of August to discuss the prospects for investing in the country’s agribusiness and renewable energies, Idriss Déby, the Central African country’s president, announced on social media networks. Two days later, a memorandum of understanding was signed by the minister of finance and budget, […]
Frank Bass
The business case for renewables advances globally
Experts agree that the transition to renewable energy will continue to be driven by financial considerations independent of systemic shocks, such as the coronavirus pandemic or international price wars, according to analysis presented during the first week of IEEFA’s 2020 Energy Finance Conference. The annual convening of international energy, finance, and policy experts is being […]
Press Release, Kathy Hipple and Tom Sanzillo
Reduced investment plans by foreign partners make bad situation worse for struggling Patagonia oil and gas reserve
June 24, 2020 (IEEFA Argentina) — Once seen as a silver bullet to solve the country’s economic and energy problems, development of the vast Argentine oil and gas shale reserves known as Vaca Muerta (“Dead Cow”) in Patagonia has sputtered to a near-halt, according to a new report by the Institute for Energy Economics and […]
IEEFA report: Pandemic, price collapse may be final straw that sends Argentina’s ailing “Dead Cow” to slaughter
Reduced investment plans by foreign partners make bad situation worse for struggling Patagonia oil and gas reserveJune 24, 2020 (IEEFA Argentina) — Once seen as a silver bullet to solve the country’s economic and energy problems, development of the vast Argentine oil and gas shale reserves known as Vaca Muerta (“Dead Cow”) in Patagonia has sputtered to a near-halt, according to a new report by the Institute for Energy Economics and […]