Survey
* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project
Investment Opportunities in Renewable Energy in Latin America Carlos St. James Managing Director Santiago & Sinclair, LLC Vancouver, March 1, 2016 Background • Managing Director of Santiago & Sinclair, LLC, energy consultancy focused on emerging markets, 2005-present: 1962 MW renewables projects • Founder and first President of the Argentine Renewable Energies Chamber (Camara Argentina de Energias Renovables/CADER), 2005-2010 • Current board member and first President (2011-2014) of the Latin American & Caribbean Council on Renewable Energy (LAC-CORE), 2010-present • Founder and current chairman of the Middle East-Americas Energy Council (MEAMEC), 2014-present 2 • • • • • • • • • • Nasser bin Khalil Al-Jaida, CEO, Qatar Petroleum International, Qatar Omran Al-Kuwari, CEO, GreenGulf, Qatar Ahmad Bin Al Nuaimi, CEO, Arab Petroleum Investments Corp., Saudi Arabia Jose Correa, CEO, Crival Holdings, Brazil Paddy Padmanathan, CEO, ACWA Power, Saudi Arabia Hasan Qabazard, CEO, Kuwait Catalyst Co., Kuwait Bill Richardson, ex-Secretary of Energy, USA Carlos St. James, Managing Director, Santiago & Sinclair, LLC, Argentina Harib Al Kitani, CEO, Oman LNG, Oman Adel Sharif, Director of Research, Qatar Foundation, Qatar LAC-CORE Board of Directors John Paul Moscarella, Chair Rio de Janeiro, Brazil Anton Edmunds St. Maarten, Netherlands Antilles Carlos St. James Buenos Aires, Argentina Jorge Barrigh Bogota, Colombia Camila Ramos Sao Paulo, Brazil Roland Clarke Nassau, Bahamas Alfredo Phillips Mexico City, Mexico 5 Solar radiation map of the world Geothermal map of the Pacific Rim Tidal energy map of the world Wave energy map of the world Wind map of the world Source: 3Tier Growth in Renewable Energy Investment 2004-2014 Compound Annual Growth Rate 40% 35% 30% 25% 20% 15% 10% 5% 0% Investment in Renewables in Latin America $20.0 $18.0 $16.0 $14.0 $12.0 $10.0 $8.0 $6.0 $4.0 $2.0 $0.0 $17.5 Billion in 2015 Leading Recipients of Renewable Energy Investment $20.0 $18.0 $16.0 Rest of Region USD Billions $14.0 Chile $12.0 $10.0 Mexico $8.0 $6.0 $4.0 Brazil $2.0 $0.0 2012 2013 2014 2015 Tax Subsidies by Category 6.0% Populist Govmts 5.0% 4.0% 3.0% 2.0% Caveat Emptors Best Big Business Weak institutions, Oil importers Solid institutions, Oil producing 1.0% It's a Shame They're So Small 0.0% Weak institutions, Oil producing Solid institutions, Oil importers Energy Subsidizing Countries 10.0% 9.0% % of GDP 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% Region’s average 2.0% 1.0% 0.0% Region Argentina Bolivia Ecuador Venezuela Miami – September 2016 Thanks! Carlos St. James Cel: +1 (980) 333-2951 Email: [email protected] 17