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Latin America boasts abundant geothermal energy resources, offering a promising avenue for clean energy production, decarbonization of industrial processes and bolstering energy security. Despite these favorable conditions, only a fraction of its potential has been harnessed, with a mere 2 gigawatts electrical (GWe) currently utilized out of a total potential of 33 GWe. The bulk of this utilization comes from Mexico, Costa Rica and El Salvador, which collectively account for about 75% of the existing capacity. Rystad Energy forecasts show geothermal…
For weeks, now, British editors, letter writers and resident economic thinkers in the government have been debating how to preserve Thames Water as an investor-owned entity. We might ask, “Why bother?”, but if you are a British neo-liberal intellectual, the superiority of private ownership is dogma, so don’t ask. And if you are in the energy business, you might ask why you should care? To which we would answer that some energy consumers soon may ask what advantage private ownership confers on their energy suppliers, you know,…
African and Western officials are concerned that the conflicts and coups in the Sahel region could spill over to the coast of West Africa, which hosts several major oil production projects and export terminals. Since 2020, there have been military coups in Burkina Faso, Mali, and Niger, while violence from Islamist insurgents has spiked in recent months. Anxiety has grown over potential spillovers of extremist violence into the coastal countries in West Africa, including Benin, Cote d'Ivoire, Ghana, and Togo, all west of Nigeria, Africa's top crude…
Iran is finding it increasingly challenging to maintain its balanced approach in the Caucasus. Fresh developments keep jiggling Tehran’s diplomatic scales. Two major developments in recent years – Azerbaijan’s reconquest of Nagorno-Karabakh and Russia’s unprovoked invasion of Ukraine – created new diplomatic openings for Iran. The changed geopolitical environment has enabled Iran and Azerbaijan to smooth over what for much of the post-Soviet period had been a prickly relationship. At the same time, Iran’s traditionally…

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