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The year 2020 was a troublesome one for Latin America, from an
economic and social perspective and from the perspective of its
energy markets. Latin America's GDP declined over 7% in 2020, and
energy consumption declined: gas demand fell about 10% in Brazil
and power demand fell near 3% in Mexico, as two examples. In this
video, the IHS Markit Latin America team discusses some fundamental
questions about what may lie ahead for the year 2021—a year
that will hopefully prove brighter for the region.
The questions we address are:
Will Latin American economies and energy demand rebound?
Will the pandemic affect the move towards integration of gas
markets in the Southern Cone?
Will renewable energy deployments slow down or pick up
speed?
Will new initiatives in electric vehicles, battery storage and
hydrogen pick up steam?
Will Latin America be a favorite destination for new
investments?
Etienne Gabel, a senior director at IHS Markit with the
Latin America gas, power, and renewables team, specializes in the
analysis of regulatory and market developments in the natural gas
and power sectors.
Marcela Rosas, associate director for the Latin America
gas, power, and renewables team at IHS is an expert in fundamental
analysis and outlooks including scenario development.
Emanuel Simon, director with the gas, power, and
renewables team at IHS Markit, focuses on cost, technology, and
power policies for Latin America.
David Crisostomo, director with the gas, power, and
renewables team at IHS Markit, is an expert in Mexican gas and
power markets.
Timothy Stephure, a senior director for the Latin
America gas, power, and renewables team at IHS Markit, specializes
in analyzing technology cost trends, power and utility sector
competitive positioning, investment due diligence, and policy
analysis across Latin America.
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