Energy Panorama November 2021

Welcome to the November edition of Energy Panorama.

November was, of course, dominated by discussions and developments from the UK and the COP26 climate summit. Led by our Non-Resident Fellow, Marta Jara, the Energy & Sustainability program compiled a summary and highlights of the meeting in Glasgow, as well as reflections from our fellows and team.

November also featured the launch of our report “Clean Energy Cost-Savings: A Study of Mexico’s Federal Electricity Commission (CFE)” co-authored by our Non-Resident Fellow and former Chairman of Mexico’s Energy Regulatory Commission (CRE), Francisco Salazar, and Francisco Barnes, former CRE Commissioner, Deputy Secretary of Energy in Mexico

and former President of the National Autonomous University of Mexico (UNAM).

The report details how the purchase of clean energy through long-term auctions has allowed Mexico’s state-owned utility CFE to avoid variable generation costs at its thermoelectric plants and has reduced emissions.

November also featured our commentary and analysis as part of the Inter-American Dialogue Advisor Newsletter. Cecilia Aguillon addressed the question of “What would Carbon Tariffs mean for steel producers?” and Jeremy Martin considered “How could Mexico gain from the U.S. Energy Transition?”

Also this month, our Non-Resident Fellow, Chris Sladen, looked ahead to 2022. In his ANZMEX essay, he offers advice to managers as you prepare performance contracts for the new year.

Jeremy Martin participated in a panel at the OLADE/IDB Energy Week discussing digitization and innovation; he also addressed the Canacintra Hermosillo event “Encuentro 2021,” where he spoke about cross border battery supply chains and energy storage.

November also counted the launch of our expert surveys and the final phase of our fellows’ year-long research project. The goal of the project is to assess the readiness of Latin American countries to capture employment that will be generated from the Energy Transition and pursuit of net-zero and clean energy targets. The results of the survey and our research will be compiled into a report and serve as the basis for our “Latin America Energy Transition Workforce Readiness Barometer,” to be published in early 2022.

Finally, stay tuned for next month’s end-of-the-year Energy Panorama and annual synopsis of our work throughout the course of the year.

Reports

Reflections on Glasgow and COP26