Event banner image

Growing Economies: Pacific Alliance Energy Forum

28 - 29 September 2017

Colombia

The Growing Economies: Pacific Alliance Energy Forum gathers the country members of the Pacific Alliance - Colombia, Mexico, Peru and Chile – to further the group’s evolving energy agenda and explore the new energy market opportunities arising from increasing regional engagement. The meeting brings together energy regulators and public sector leaders in charge of this agenda along with investors and financiers looking to strengthen their presence in the emerging Pacific Alliance energy market.
 
The Pacific Alliance Energy Forum will for the first time open this block to investors in a decision makers gathering to identify and highlight the opportunities and trends for the energy business within this block.
 

 

Intro copy: 

Growing Economies: Pacific Alliance Energy Forum

28 - 29 September 2017

Colombia

The Growing Economies: Pacific Alliance Energy Forum gathers the country members of the Pacific Alliance - Colombia, Mexico, Peru and Chile – to further the group’s evolving energy agenda and explore the new energy market opportunities arising from increasing regional engagement. The meeting brings together energy regulators and public sector leaders in charge of this agenda along with investors and financiers looking to strengthen their presence in the emerging Pacific Alliance energy market.
 
The Pacific Alliance Energy Forum will for the first time open this block to investors in a decision makers gathering to identify and highlight the opportunities and trends for the energy business within this block.
 

 

 
The Pacific Alliance country members have been implementing business-friendly policies for investors in the last decade, with Colombia, Mexico, Peru and Chile now in the top-third of the World Bank’s ‘ease of doing business’ ranking.
 
With a market of around 217 million people with an average GDP per capita of US$ 16 759 and 49 observer states, including global leaders such as Japan, China, Germany, France, the United Kingdom and the United States, the Pacific Alliance emerges as an attractive regional trade block of high growth economies with global appeal.
 

Opportunities in The Pacific Alliance

Colombia

Since 2008, Colombia has dramatically increased hydrocarbon production, after a set of successful regulatory reforms that buoyed exploration and production.1
 
The 2013-2027 electricity strategy of UPME is designed to boost the power sector capacity and encourage investments in the energy sector in order to satisfy the growing electricity demand. According to the government, Colombia's overall power generation during the period will increase by an annual average of 3.4% to 76.0 TWh with an average annual growth of 3.6% in hydroelectric power generation, while coal and gas-fired generation are forecast to increase by an annual average of 2.9% and 2.7%, respectively.2
 
 
Hydroelectric power accounts for 75% of the total consumption in Colombia, despite the problems associated with this source of energy such as protests at construction sites and a risk of guerrilla attacks. In a bid to diversify and attract foreign investments, the government has decided to sell a 57.6% stake in the nation's third-biggest electricity generator Isagen. The government is seeking USD 2.5 billion for its stake and plans to invest the proceeds from the sale into electricity infrastructure. Isagen owns and operates six electricity generators in the provinces of Antioquia, Santander, Caldas and Tolima.2
 
Colombia’s Energy Ministry has set up an energy efficiency agency, which is responsible for auditing and potentially reducing local electricity prices. The country is preparing a regulatory framework and legislative instruments to promote the sustainable production of biofuels. Today, biofuel producers in the country have access to a special regime which allows them to conduct duty-free import of machinery for production and transportation. Colombia's current production capacity is 1.1 million litres/day of ethanol and 1.8 million litres/day of biodiesel. Production is expected to grow by 2% annually in the coming years.2
 
Colombia's government is seeking to raise USD 2.5 billion from the sale of its 57.6% stake in Isagen, which operates six electricity generators. In March, local judicial authorities have ordered the suspension of the sale due to constitutional concerns.2
 
Source: U.S Energy Information Administration, World Bank, Exxon-Mobil
 
According to the international energy outlook, the global power sector is expected to rise by 41% from 2012 to 2035, compared to 30% registered during the last decade. Around 95% of the growth in demand is expected to come from emerging economies, while energy use in developed countries (North America, Europe and Asia) is expected to grow by a small percentage. 
 

Mexico

Announced in August 2013, the Mexican energy reforms are historic because they open the energy sector to private investment for the first time in over 75 years. Mexico is an outlier in Latin America. Ranked in the top ten in the world.1
 
Mexico’s landmark Energy Reform is now a reality, creating significant investment opportunities throughout the entire value chain. 
Committed Investment so far is 70 billion dollars (+30 billion in 2017) and estimated total investment is 242 billion dollars.3
 
A total of 82 companies from 18 countries have won contracts for the development of hydrocarbons and electricity projects.3
 
The Energy Regulatory Commission (CRE) has effectively become the regulator of the mid and downstream segments of the oil and gas value chain, as well as the entire electricity supply chain.3
 
90% of the 2P Reserves and 95% of the Prospective Resources in Mexico, are still available for bidding.3
 
MMBOE: million barrels of oil equivalent
Source: CNH and the Ministry of Energy of Mexico
 
Mexico’s Gas Pipeline Network will expand considerably from 2012 to 2019. Total expected investment by Canada and USA is 16 billion dollars.3
 
New transportation infrastructure by 2019, according to the Five Year Gas Pipeline Plan includes; 10 new strategic gas pipelines, 2 social coverage gas pipelines, 7 interconnection points with the US, and 1 interconnection with Central America.3
 

Peru

Peru has the eighth largest oil reserves in Latin America, with 633 million barrels of proven reserves, most of which are onshore in the Amazon region. Peru also has more than 15 trillion cubic feet of natural gas reserves, the third largest reserves after Venezuela and Mexico in Latin America.1
 
Peru offers a positive and friendly legal framework to encourage foreign investment such as; legal stability agreement, early VAT recovery, property rights and judicial guarantees, access to national and international capital and credit, open competition, access to international mechanisms to solve disputes and no barriers to foreign investment.4
 
Source: Ministry of Energy and Mines, Peru, 2016
 
The main renewable energy resource in Peru is hydropower. The country has 69,445 MW Hydropower potential, 22,450 MW Wind potential, 3,000 MW Geothermal potential, 814 MW Biomass and Biogas potential and 4.5 – 6.5 kWh/m2 Solar potential.4
 
 
By the end of this administration, Peru will reach 99.1% of electricity coverage. There is a projected investment of USD 1.4 billion in rural electrification projects which includes financing of projects for the distribution companies. This is projected to benefit 2.9 million people and starting in 2018, will include a massive Solar PV Program.4
 
Peru is primed for the natural gas industry. The volume of natural gas consumed in Peru has risen by 713% in the last 10 years.4
 

Chile

Chile is a major consumer of energy – the fifth largest in South America.1
 
Source: National Energy Comission
 
 
Chile has an enormous potential of over 1,865,000 MW of Wind, Solar and Hydroelectric power. In addition over 2,000 MW geothermal is likely to emerge.5
 
Sources:
 
1 An Energy Agenda for the Pacific Alliance, Christian Gomez Jr., Director of Energy, Council of the Americas, February 2015
2 Power Sector Colombia, EMIS, May 2014
3 Challenges and Opportunities in Reforming the Energy Industry, Guilliermo I. Garcia Alcocer, Chairman Mexico's Energy Regulatory Comission, March 2017
4 Investment Opportunities in the Energy Sector in Peru, Gonzalo Tamayo Flores, Minister of Energy and Mines, Peru, February 2017
5 Regional Energy Trade-Chile, Andres Romero, Executive Secretary, National Energy Comission, Chile, March 2017

 

Show 'Add to calender': 
Show Add to Calendar Button
 

 

Speakers

To find out more about becoming one of the Growing Economies: Pacific Alliance Energy Forum speakers, please contact our team at LATAM@energynet.co.uk

 

       

No

No

No

Why Attend

  • Join targeted Pacific Alliance country focus sessions dedicated to Colombia, Mexico, Peru, Chile
  • Explore the new energy market opportunities arising from increasing regional engagement
  • Network in an exclusive pro-investment environment with world’s developers and financiers looking to strengthen their presence in the emerging Pacific Alliance energy market
  • Hear about the current agenda and strategies from local governments
  • Find out the opportunities for the live energy projects across the region

No

Sponsors

Prodiel

Sponsor

SPONSOR 
 
Prodiel is a technological and industrial company specializing in the engineering, development, construction and maintenance of electrical (LV-MV-HV) and renewable energy projects, energy efficiency, telecommunications and gas and water treatment infrastructure. It is a company that strives for sustainability and security by offering high value added products and integrated solutions.
 
Since the start of its business activities in 1994, Prodiel has always had positive results and experienced continuous growth in all areas of the company. Throughout over 20 years of experience, the company has specialised in offering its clients comprehensive services around the world. 
 
 
Become a sponsor of the Growing Economies: Pacific Alliance Energy Forum
 
              
 
What will you gain?
 
Brand Exposure: Align your brand with the Forum and benefit from having your logo on all marketing activity in the lead up to and during the event
 
Develop New Business: Your sponsorship presence will ensure your company is in prime position to develop new business relationships with the key stakeholders through organised networking activity
 
Product Awareness: Showcase your products services and solutions through a speaking presentation and from an exhibit display in the networking zone
 
Competitive Advantage: Gain a lead on your competitors by combining brand visibility with a powerful speaking presentation
 
Thought Leadership: Be seen as a though leader in your field of expertise
 
 
 
To find out more about the benefits of becoming a sponsor for the Growing Economies: Pacific Alliance Energy Forum please contact our team at LATAM@energynet.co.uk

Partners

OPIC

Endorsing Partner

Official Partner 

OPIC supports U.S. private sector investment in emerging markets by offering capital and risk mitigation tools

Key Capabilities:

• Direct loans and guarantees up to $250 million with maturities as long as 20 years on projects that meet minimum U.S. ownership requirement

• Allocates political risk insurance; specialty coverage available for investments in the renewable resources sector and provides support for private equity investment funds

• Supports project development funding to clean energy ventures through the U.S.-Africa Clean Energy Finance Initiative (U.S.-ACEF), a $20 million initiative, co-sponsored with the U.S. State Department and Trade and Development Agency

REvista Negocios & Petroleo

Media Partner

The Business & Oil Magazine was born from the need to inform the mining and energy sector on the events occurring around it. Our interest is to provide businesses, governments, organizations and all those involved with the world of hydrocarbons, with complete, truthful and useful information to strengthen communication processes and information from the sctor.
 
With more than three years of free quarterly circulation, Magazine Business and Petroleum has approximately 100,000 readers in Colombia, 30,000 in other countries in Latin America and more than three thousand followers on social networks. This added to its presence in national and international industry events, and allowed it to become a major information platform in the sector. www.negociosypetroleo.com
 
 
La Revista Negocios & Petróleo nace de la necesidad de informar al sector minero energético sobre los acontecimientos que ocurren alrededor del mismo. Nuestro interés es brindar a empresarios, gobiernos, organizaciones y todos quienes están involucrados con el mundo de los hidrocarburos, información completa, veraz y útil para fortalecer los procesos de comunicación desde y hacia el sector.
 
Con más de tres años de circulación trimestral gratuita, Revista Negocios y Petróleo cuenta con aproximadamente 100 mil lectores en Colombia, 30.000 en otros países de América Latina y más de tres mil seguidores en redes sociales. Esto, sumado a su presencia en eventos sectoriales nacionales e internacionales le han permitido consolidarse como una importante ventana informativa del sector. www.negociosypetroleo.com
 

To find out more about the benefits of becoming a media partner for the Growing Economies: Pacific Alliance Energy Forum please contact our team at LATAM@energynet.co.uk

 

 

Gallery

Growing Economies: Pacific Alliance Energy Forum 2017
_JLA0129.JPG _JLA9262.JPG _JLA9515.JPG _JLA9566_0.JPG JLA_0248_0.JPG JLA_0379.JPG JLA_0385.JPG JLA_0391.JPG

No

Contact

For more information on Growing Economies: Pacific Alliance Energy Forum, please contact:

For Speaking Opportunities: 
 
 
Talita Covre
 
Programme Manager, LATAM
 
Tel: 00 44 207 384 7719
 
 
For Sponsorship enquiries: 
 
 
 
Alex Moulds
 
Director of Development
 
Tel: 00 44 207 384 8009
 
Mob: 00 44 75 0070 2171
 
 

For Media Partnerships or any media enquiries:

Jessica Longdon

Senior Marketing Executive

+44 (0) 207 384 8240

Jessica.Longdon@energynet.co.uk

 

For general enquiries please email LATAM@energynet.co.uk 

 

Stay up to date with our event by joining our mailing list.