{"id":147162,"date":"2026-10-19T16:00:21","date_gmt":"2026-10-19T14:00:21","guid":{"rendered":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/"},"modified":"2026-10-19T16:00:21","modified_gmt":"2026-10-19T14:00:21","slug":"latam-energy-gap-risks-for-spanish-capital","status":"publish","type":"post","link":"https:\/\/instituto.choiseul.es\/en\/latam-energy-gap-risks-for-spanish-capital\/","title":{"rendered":"LATAM | Energy Gap \u2014 Risks for Spanish Capital"},"content":{"rendered":"<div style=\"padding: 56px 24px; background: #ffffff;\">\n<article style=\"max-width: 720px; margin: 0 auto; font-family: 'Source Serif 4', Georgia, serif; font-size: 17px; line-height: 1.65; color: #333333;\">\n<p>  <!-- [BLOQUE H1] --><\/p>\n<h1 style=\"margin: 16px 0 0; font-family: 'Playfair Display', Georgia, serif; font-size: 36px; font-weight: 700; line-height: 1.2; letter-spacing: -0.01em; color: #2a2a2a; text-wrap: pretty;\">LATAM | Energy Gap \u2014 Risks for Spanish Capital<\/h1>\n<p>  <!-- [BLOQUE DE CONTEXTO] --><\/p>\n<p style=\"margin: 20px 0 0; font-size: 19px; line-height: 1.35; color: #5c6470; text-wrap: pretty;\">The persistence of military tensions in the Middle East, with Iran as the epicenter of global instability, has consolidated crude oil prices above the hundred-dollar threshold. This scenario, far from being temporary, has been reinforced by core inflation in advanced economies that exceeds the forecasts of multilateral organizations, forcing the Federal Reserve to maintain interest rates at restrictive levels.<\/p>\n<p>  <!-- [BLOQUE META] --><\/p>\n<p style=\"margin: 24px 0 0; font-family: 'Libre Franklin', system-ui, sans-serif; font-size: 13px; color: #8b93a0;\">October 16, 2026 &nbsp;|&nbsp; 4 min read<\/p>\n<p>  <!-- Regla con el degradado de marca --><\/p>\n<div style=\"margin: 28px 0 0; height: 3px; background: linear-gradient(90deg, #0f2240 0%, #002855 30%, #1f5286 62%, #14b4e6 88%, #12c9f0 100%);\"><\/div>\n<p style=\"margin: 28px 0 0; text-wrap: pretty;\">In this context, Latin American geoeconomics is fracturing into two clearly differentiated blocks based on their energy balance, generating an asymmetry that redefines investment priorities for European business groups. The current landscape is evidenced by the deterioration of global public finances and a generalized increase in risk premiums, as recently warned by the International Monetary Fund and the World Bank in their annual meetings.<\/p>\n<p style=\"margin: 18px 0 0; text-wrap: pretty;\">While hydrocarbon-exporting economies experience a substantial improvement in their terms of trade, net importing countries face an imported inflationary shock that pressures their fiscal deficits and limits the room for maneuver of their central banks. This macroeconomic divergence not only affects the stability of local currencies against the US dollar but also profoundly alters asset valuation and debt sustainability in the region.<\/p>\n<p>  <!-- [BLOQUE H2] --><\/p>\n<h2 style=\"margin: 48px 0 0; font-family: 'Playfair Display', Georgia, serif; font-size: 30px; font-weight: 700; line-height: 1.2; letter-spacing: -0.01em; color: #2a2a2a; text-wrap: pretty;\">Strategic Divergence and Geoeconomic Gravitation<\/h2>\n<p style=\"margin: 18px 0 0; text-wrap: pretty;\">The current energy situation calls for a re-evaluation of strategic autonomy in Ibero-America, where dependence on external capital flows now faces the hurdle of interest rates that refuse to yield. For countries like Mexico, Colombia, and, to a lesser extent, Brazil, the rising price of oil acts as a trade balance stabilizer, allowing for a reserve accumulation that provides their currencies with superior resilience against external volatility.<\/p>\n<p>  <!-- [BLOQUE DESTACADO] --><\/p>\n<aside style=\"margin: 36px 0 0; border-top: 3px solid #002855; border-right: 1px solid #eaeaea; border-bottom: 1px solid #eaeaea; border-left: 1px solid #eaeaea; background: #f8f9fb; padding: 24px 28px;\">\n<p style=\"margin: 0; font-family: 'Libre Franklin', system-ui, sans-serif; font-size: 12px; font-weight: 700; letter-spacing: 0.16em; text-transform: uppercase; color: #002855;\">Regulatory Risk<\/p>\n<p style=\"margin: 12px 0 0; font-size: 19px; line-height: 1.35; color: #2a2a2a; text-wrap: pretty;\">The real profitability of infrastructure is threatened by a cost indexation that does not always keep pace with energy inflation.<\/p>\n<\/aside>\n<p style=\"margin: 28px 0 0; text-wrap: pretty;\">However, this structural advantage in terms of revenue is nuanced by the need to increase capital expenditure to sustain extractive capacity in an environment of high financial costs. On the opposite end, economies with traditionally solid regulatory frameworks like Chile and Peru find themselves in a position of relative vulnerability due to their status as net energy importers. The rising cost of basic inputs not only erodes the profit margins of their industrial sectors but also forces their monetary authorities to pause scheduled easing cycles.<\/p>\n<p>  <!-- [BLOQUE H2] --><\/p>\n<h2 style=\"margin: 48px 0 0; font-family: 'Playfair Display', Georgia, serif; font-size: 30px; font-weight: 700; line-height: 1.2; letter-spacing: -0.01em; color: #2a2a2a; text-wrap: pretty;\">Implications for Investment and the Spanish Business Fabric<\/h2>\n<p style=\"margin: 18px 0 0; text-wrap: pretty;\">Spanish banking, with its historical and structural exposure in the region, faces a scenario of complex duality where the solvency risk of local partners must be monitored with extreme caution. The maintenance of high interest rates by regional central banks, conditioned by Federal Reserve policy, makes debt servicing more expensive for local companies and increases pressure on credit asset quality. In subsidiaries in Chile and Peru, it becomes imperative to strengthen exchange rate hedges.<\/p>\n<p style=\"margin: 18px 0 0; text-wrap: pretty;\">In the energy sector, the current context offers an ambivalent window of opportunity. On one hand, the valuation of exploration and production assets in Mexico and Colombia is driven by crude oil prices, favoring the position of Spanish companies present in the upstream segment. On the other hand, the urgency to mitigate energy costs in importing markets accelerates the strategic relevance of renewable generation assets.<\/p>\n<p>  <!-- [BLOQUE DATOS NUM\u00c9RICOS] --><\/p>\n<div style=\"margin: 36px 0 0; display: flex; flex-wrap: wrap; gap: 1px; background: #eaeaea; border: 1px solid #eaeaea;\">\n<div style=\"flex: 1 1 180px; background: #ffffff; padding: 20px;\">\n<p style=\"margin: 0; font-family: 'Playfair Display', Georgia, serif; font-size: 34px; font-weight: 700; line-height: 1; color: #002855;\">100 $<\/p>\n<p style=\"margin: 10px 0 0; font-family: 'Libre Franklin', system-ui, sans-serif; font-size: 13px; line-height: 1.35; color: #5c6470;\">Consolidation threshold for crude price per barrel.<\/p>\n<\/p>\n<\/div>\n<div style=\"flex: 1 1 180px; background: #ffffff; padding: 20px;\">\n<p style=\"margin: 0; font-family: 'Playfair Display', Georgia, serif; font-size: 34px; font-weight: 700; line-height: 1; color: #002855;\">FED<\/p>\n<p style=\"margin: 10px 0 0; font-family: 'Libre Franklin', system-ui, sans-serif; font-size: 13px; line-height: 1.35; color: #5c6470;\">Maintenance of rates at restrictive levels.<\/p>\n<\/p>\n<\/div>\n<\/div>\n<p style=\"margin: 28px 0 0; text-wrap: pretty;\">For their part, the tourism and transport sectors are experiencing a moderate but persistent impact due to the rise in airfares and the reduction in disposable income. Spanish transport infrastructure operators will need to undertake an exhaustive review of their contracts to ensure that economic-financial balance formulas adequately reflect the increase in energy-related operating costs.<\/p>\n<p style=\"margin: 18px 0 0; text-wrap: pretty;\">Finally, sovereign debt sustainability in certain countries of the region emerges as a primary concern for long-term investors. The combination of a strong dollar, restrictive interest rates, and rising energy costs could trigger restructuring processes in the most vulnerable economies. Therefore, Spanish corporate strategy in Ibero-America must transition toward a selection of more resilient assets.<\/p>\n<p>  <!-- [BLOQUE CONCLUSI\u00d3N] --><\/p>\n<h2 style=\"margin: 48px 0 0; font-family: 'Playfair Display', Georgia, serif; font-size: 30px; font-weight: 700; line-height: 1.2; letter-spacing: -0.01em; color: #2a2a2a; text-wrap: pretty;\">Strategic Monitoring Milestones<\/h2>\n<p>  <!-- [BLOQUE LISTA] --><\/p>\n<ul style=\"margin: 18px 0 0; padding: 0 0 0 22px;\">\n<li style=\"margin: 0 0 10px; text-wrap: pretty;\"><strong>December 2026<\/strong> \u2014 Federal Reserve monetary policy meeting \u2014 Will determine if the high-rate cycle continues, which would stifle the room for cuts in Latin America.<\/li>\n<li style=\"margin: 0 0 10px; text-wrap: pretty;\"><strong>First quarter of 2027<\/strong> \u2014 Review of IMF growth outlook for the Southern Cone \u2014 Essential for assessing the real impact of the energy shock on consumption and investment in Chile and Peru.<\/li>\n<li style=\"margin: 0; text-wrap: pretty;\"><strong>January 2027<\/strong> \u2014 Publication of annual financial statements of state oil companies in Mexico and Brazil \u2014 Key for measuring reinvestment capacity in new oil fields.<\/li>\n<\/ul>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>LATAM | Energy gap \u2014 Risks for Spanish capital The persistence of war tensions in the Middle East, with [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":147159,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[139],"tags":[136],"class_list":["post-147162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sin-categoria-en","tag-article"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.2 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\r\n<title>LATAM | Energy Gap \u2014 Risks for Spanish Capital - Instituto Choiseul<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"LATAM | Energy Gap \u2014 Risks for Spanish Capital\" \/>\r\n<meta property=\"og:description\" content=\"LATAM | Energy gap \u2014 Risks for Spanish capital The persistence of war tensions in the Middle East, with [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Instituto Choiseul\" \/>\r\n<meta property=\"article:published_time\" content=\"2026-10-19T14:00:21+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/instituto.choiseul.es\/wp-content\/uploads\/2024\/10\/favicon.jpg\" \/>\r\n\t<meta property=\"og:image:width\" content=\"520\" \/>\r\n\t<meta property=\"og:image:height\" content=\"520\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\r\n<meta name=\"author\" content=\"CocoSchoolTEAM\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"CocoSchoolTEAM\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/latam-energy-gap-risks-for-spanish-capital\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/latam-energy-gap-risks-for-spanish-capital\\\/\"},\"author\":{\"name\":\"CocoSchoolTEAM\",\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/#\\\/schema\\\/person\\\/e2a62179b73cbf0b3a924768f1353257\"},\"headline\":\"LATAM | Energy Gap \u2014 Risks for Spanish Capital\",\"datePublished\":\"2026-10-19T14:00:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/latam-energy-gap-risks-for-spanish-capital\\\/\"},\"wordCount\":733,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/latam-energy-gap-risks-for-spanish-capital\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/instituto.choiseul.es\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/cover-LATAM-Brecha-energytica-Riesgos-para-el-capital-espayol.jpg\",\"keywords\":[\"Article\"],\"articleSection\":[\"Sin categor\u00eda\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/instituto.choiseul.es\\\/latam-energy-gap-risks-for-spanish-capital\\\/#respond\"]}],\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/latam-energy-gap-risks-for-spanish-capital\\\/\",\"url\":\"https:\\\/\\\/instituto.choiseul.es\\\/latam-energy-gap-risks-for-spanish-capital\\\/\",\"name\":\"LATAM | Energy Gap \u2014 Risks for Spanish Capital - Instituto Choiseul\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/latam-energy-gap-risks-for-spanish-capital\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/latam-energy-gap-risks-for-spanish-capital\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/instituto.choiseul.es\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/cover-LATAM-Brecha-energytica-Riesgos-para-el-capital-espayol.jpg\",\"datePublished\":\"2026-10-19T14:00:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/latam-energy-gap-risks-for-spanish-capital\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/instituto.choiseul.es\\\/latam-energy-gap-risks-for-spanish-capital\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/latam-energy-gap-risks-for-spanish-capital\\\/#primaryimage\",\"url\":\"https:\\\/\\\/instituto.choiseul.es\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/cover-LATAM-Brecha-energytica-Riesgos-para-el-capital-espayol.jpg\",\"contentUrl\":\"https:\\\/\\\/instituto.choiseul.es\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/cover-LATAM-Brecha-energytica-Riesgos-para-el-capital-espayol.jpg\",\"width\":1880,\"height\":1229},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/latam-energy-gap-risks-for-spanish-capital\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"http:\\\/\\\/instituto.choiseul.es\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"LATAM | Energy Gap \u2014 Risks for Spanish Capital\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/#website\",\"url\":\"https:\\\/\\\/instituto.choiseul.es\\\/\",\"name\":\"Instituto Choiseul\",\"description\":\"Geopol\u00edtica e Inteligencia Economica\",\"publisher\":{\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/#organization\"},\"alternateName\":\"Choiseul Espa\u00f1a\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/instituto.choiseul.es\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/#organization\",\"name\":\"Instituto Choiseul\",\"url\":\"https:\\\/\\\/instituto.choiseul.es\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/instituto.choiseul.es\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/favicon-1.jpg\",\"contentUrl\":\"https:\\\/\\\/instituto.choiseul.es\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/favicon-1.jpg\",\"width\":520,\"height\":520,\"caption\":\"Instituto Choiseul\"},\"image\":{\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"description\":\"El Instituto Choiseul Espa\u00f1a es un centro de investigaci\u00f3n independiente dedicado al an\u00e1lisis de las principales cuestiones de pol\u00edtica internacional y su incidencia en el \u00e1mbito empresarial. Compartimos una visi\u00f3n global, con especial atenci\u00f3n a Europa, Am\u00e9rica Latina, y Oriente Medio.\",\"email\":\"choiseul@choiseul.es\",\"legalName\":\"INSTITUTO CHOISEUL ESPA\u00d1A PARA LA POL\u00cdTICA INTERNACIONAL, S.C.\",\"vatID\":\"G85701001\",\"taxID\":\"G85701001\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"1\",\"maxValue\":\"10\"},\"publishingPrinciples\":\"https:\\\/\\\/instituto.choiseul.es\\\/mision-2\\\/\",\"actionableFeedbackPolicy\":\"https:\\\/\\\/instituto.choiseul.es\\\/observatorios\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/instituto.choiseul.es\\\/#\\\/schema\\\/person\\\/e2a62179b73cbf0b3a924768f1353257\",\"name\":\"CocoSchoolTEAM\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/73fa78b0b5bffbf36ed10ed0e882dbb0fcd532600ae0f4bc0c59df41e1786368?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/73fa78b0b5bffbf36ed10ed0e882dbb0fcd532600ae0f4bc0c59df41e1786368?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/73fa78b0b5bffbf36ed10ed0e882dbb0fcd532600ae0f4bc0c59df41e1786368?s=96&d=mm&r=g\",\"caption\":\"CocoSchoolTEAM\"},\"url\":\"https:\\\/\\\/instituto.choiseul.es\\\/en\\\/author\\\/cocoschoolteam\\\/\"}]}<\/script>\r\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"LATAM | Energy Gap \u2014 Risks for Spanish Capital - Instituto Choiseul","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/","og_locale":"en_US","og_type":"article","og_title":"LATAM | Energy Gap \u2014 Risks for Spanish Capital","og_description":"LATAM | Energy gap \u2014 Risks for Spanish capital The persistence of war tensions in the Middle East, with [&hellip;]","og_url":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/","og_site_name":"Instituto Choiseul","article_published_time":"2026-10-19T14:00:21+00:00","og_image":[{"width":520,"height":520,"url":"https:\/\/instituto.choiseul.es\/wp-content\/uploads\/2024\/10\/favicon.jpg","type":"image\/jpeg"}],"author":"CocoSchoolTEAM","twitter_card":"summary_large_image","twitter_misc":{"Written by":"CocoSchoolTEAM","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/#article","isPartOf":{"@id":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/"},"author":{"name":"CocoSchoolTEAM","@id":"https:\/\/instituto.choiseul.es\/#\/schema\/person\/e2a62179b73cbf0b3a924768f1353257"},"headline":"LATAM | Energy Gap \u2014 Risks for Spanish Capital","datePublished":"2026-10-19T14:00:21+00:00","mainEntityOfPage":{"@id":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/"},"wordCount":733,"commentCount":0,"publisher":{"@id":"https:\/\/instituto.choiseul.es\/#organization"},"image":{"@id":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/#primaryimage"},"thumbnailUrl":"https:\/\/instituto.choiseul.es\/wp-content\/uploads\/2026\/10\/cover-LATAM-Brecha-energytica-Riesgos-para-el-capital-espayol.jpg","keywords":["Article"],"articleSection":["Sin categor\u00eda"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/#respond"]}],"copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/instituto.choiseul.es\/#organization"}},{"@type":"WebPage","@id":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/","url":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/","name":"LATAM | Energy Gap \u2014 Risks for Spanish Capital - Instituto Choiseul","isPartOf":{"@id":"https:\/\/instituto.choiseul.es\/#website"},"primaryImageOfPage":{"@id":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/#primaryimage"},"image":{"@id":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/#primaryimage"},"thumbnailUrl":"https:\/\/instituto.choiseul.es\/wp-content\/uploads\/2026\/10\/cover-LATAM-Brecha-energytica-Riesgos-para-el-capital-espayol.jpg","datePublished":"2026-10-19T14:00:21+00:00","breadcrumb":{"@id":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/#primaryimage","url":"https:\/\/instituto.choiseul.es\/wp-content\/uploads\/2026\/10\/cover-LATAM-Brecha-energytica-Riesgos-para-el-capital-espayol.jpg","contentUrl":"https:\/\/instituto.choiseul.es\/wp-content\/uploads\/2026\/10\/cover-LATAM-Brecha-energytica-Riesgos-para-el-capital-espayol.jpg","width":1880,"height":1229},{"@type":"BreadcrumbList","@id":"https:\/\/instituto.choiseul.es\/latam-energy-gap-risks-for-spanish-capital\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"http:\/\/instituto.choiseul.es\/en\/"},{"@type":"ListItem","position":2,"name":"LATAM | Energy Gap \u2014 Risks for Spanish Capital"}]},{"@type":"WebSite","@id":"https:\/\/instituto.choiseul.es\/#website","url":"https:\/\/instituto.choiseul.es\/","name":"Instituto Choiseul","description":"Geopol\u00edtica e Inteligencia Economica","publisher":{"@id":"https:\/\/instituto.choiseul.es\/#organization"},"alternateName":"Choiseul Espa\u00f1a","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/instituto.choiseul.es\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/instituto.choiseul.es\/#organization","name":"Instituto Choiseul","url":"https:\/\/instituto.choiseul.es\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/instituto.choiseul.es\/#\/schema\/logo\/image\/","url":"https:\/\/instituto.choiseul.es\/wp-content\/uploads\/2024\/10\/favicon-1.jpg","contentUrl":"https:\/\/instituto.choiseul.es\/wp-content\/uploads\/2024\/10\/favicon-1.jpg","width":520,"height":520,"caption":"Instituto Choiseul"},"image":{"@id":"https:\/\/instituto.choiseul.es\/#\/schema\/logo\/image\/"},"description":"El Instituto Choiseul Espa\u00f1a es un centro de investigaci\u00f3n independiente dedicado al an\u00e1lisis de las principales cuestiones de pol\u00edtica internacional y su incidencia en el \u00e1mbito empresarial. Compartimos una visi\u00f3n global, con especial atenci\u00f3n a Europa, Am\u00e9rica Latina, y Oriente Medio.","email":"choiseul@choiseul.es","legalName":"INSTITUTO CHOISEUL ESPA\u00d1A PARA LA POL\u00cdTICA INTERNACIONAL, S.C.","vatID":"G85701001","taxID":"G85701001","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"1","maxValue":"10"},"publishingPrinciples":"https:\/\/instituto.choiseul.es\/mision-2\/","actionableFeedbackPolicy":"https:\/\/instituto.choiseul.es\/observatorios\/"},{"@type":"Person","@id":"https:\/\/instituto.choiseul.es\/#\/schema\/person\/e2a62179b73cbf0b3a924768f1353257","name":"CocoSchoolTEAM","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/73fa78b0b5bffbf36ed10ed0e882dbb0fcd532600ae0f4bc0c59df41e1786368?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/73fa78b0b5bffbf36ed10ed0e882dbb0fcd532600ae0f4bc0c59df41e1786368?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/73fa78b0b5bffbf36ed10ed0e882dbb0fcd532600ae0f4bc0c59df41e1786368?s=96&d=mm&r=g","caption":"CocoSchoolTEAM"},"url":"https:\/\/instituto.choiseul.es\/en\/author\/cocoschoolteam\/"}]}},"_links":{"self":[{"href":"https:\/\/instituto.choiseul.es\/en\/wp-json\/wp\/v2\/posts\/147162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/instituto.choiseul.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/instituto.choiseul.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/instituto.choiseul.es\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/instituto.choiseul.es\/en\/wp-json\/wp\/v2\/comments?post=147162"}],"version-history":[{"count":0,"href":"https:\/\/instituto.choiseul.es\/en\/wp-json\/wp\/v2\/posts\/147162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/instituto.choiseul.es\/en\/wp-json\/wp\/v2\/media\/147159"}],"wp:attachment":[{"href":"https:\/\/instituto.choiseul.es\/en\/wp-json\/wp\/v2\/media?parent=147162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/instituto.choiseul.es\/en\/wp-json\/wp\/v2\/categories?post=147162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/instituto.choiseul.es\/en\/wp-json\/wp\/v2\/tags?post=147162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}