Toward a 21st century energy market. US – Latin America dialogue and leveraging lessons from the United States

By: Institute of the Americas (OIA)Language: English Publisher: [Lugar de publicación no identificada]: IOA, [2017]Description: 21 pSubject(s): Sector Eléctrico | Energía Eléctrica | Estados Unidos | América LatinaDDC classification: 333.793 Online resources: Click here to access online | Click here to access online Summary: The purpose of this paper is to review some of the key issues and trends related to energy in the United States, with particular attention to the electricity sector and to the development of shale oil and gas, in order to set the basis for a meaningful dialogue between the U.S. and Latin America on emerging energy issues. The U.S. experience in the electricity sector and in the development of shale oil and gas offers many rich examples of how the complex relationships between markets, technology, regulation, and public policy can play out, and also of how markets are being constrained, challenged, and forced to innovate by new technology developments and public policy pronouncements.
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The purpose of this paper is to review some of the key issues and trends related to energy in the United States, with particular attention to the electricity sector and to the development of shale oil and gas, in order to set the basis for a meaningful dialogue between the U.S. and Latin America on emerging energy issues. The U.S. experience in the electricity sector and in the development of shale oil and gas offers many rich examples of how the complex relationships between markets, technology, regulation, and public policy can play out, and also of how markets are being constrained, challenged, and forced to innovate by new technology developments and public policy pronouncements.

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