PRESS RELEASE – Santiago, November 5TH , 2015
In the majority of Latin America, the consumption of electricity tends to follow in step with the health of the economy. Cepal sees regional economies contracting 0.3% this year, with an expansion of about 0.7% next year.
Despite this, the electricity business is long term and in the vast majority of countries there is the expectation that power growth will bounce back strongly. Renewable energy especially is growing on the back of dropping costs in new projects.
The BNamericas report describes in detail what is happening in the revolution of renewable energy in Latin America, where this year auctions have seen solar and wind power win bids with historically low prices.
Despite the advance of renewables, Latin America continues to be a hydro-dependent region. This report reveals which countries are going ahead with mega hydro projects, as well as mini and other hydroelectric projects.
Mexico, with its energy reform, continues to move at a different pace with the rest of Latin America. The report also looks at the latest regulation governing the opening up of the sector to private participants.
To access the first chapter click here.
El Niño Looms
Enthusiasm Spreads for Renewables
Top Local Renewables Markets
Hydro Still King
Business and M&A Outlook
Elections and Scandals
New Mexican Market Set to Launch
To purchase BNamericas’ 2016 Electric Power Outlook, please click here:
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About BNamericas Intelligence Series
Focusing on emerging trends and forecasted prospects, the Intelligence Series works to identify opportunities for our clients in six leading sectors for Latin America. From an annual Industry Outlook to regular surveys of industry players to forecasts in each sector, as well as country and topical focuses, this product delves into the challenges faced and solutions developed in business practices for the region.
BNamericas delivers on-the-ground insight and trusted business intelligence to companies and investors active and entering Latin America. Identifying opportunities early-on and connecting clients with business contacts and decision-makers across 12 industries, BNamericas is the edge your company needs in Latin America.
In addition to project-focused news and data, as well as C-level conferences, BNamericas analyzes macro movements that affect everyday business and future developments, including social, political, economic, regulatory, technological, financial and labor-related coverage. Connecting our clients with trustworthy and timely insights, BNamericas has been shaping the development of Latin America for 19 years.
Committed to helping businesspeople make more informed decisions about their operations, investments and movements in the Latin American business world, BNamericas delivers clients field-proven business intelligence packages including daily sector news, project and company databases, monthly analysis, quarterly statistical reports, and executive-level networking events.