Dr. Miguel Bunuel

Executive President, EnvEco Consulting

Member of the Policy & Economics Council

Council Member Biography

Dr. Miguel Buñuel is the Executive President of EnvEco Consulting based in Madrid, Spain. Dr. Buñuel has over 19 years of consulting and researching experience on energy, environmental and natural resource economics and policy, public economics, taxation, international trade, applied microeconomics, applied econometrics, and modeling. He has served as Economic Advisor to Spain's Minister for the Environment, and worked for the World Bank and the European Commission. Dr. Buñuel is BA, MA and PhD in Economics, JD in Law, and PhD in Energy and Environmental Studies. (This is me - Update Profile)

Employment History

2003 - Unspecified: Executive President, EnvEco Consulting
2001 - 2003: Director of Studies and Publications, Fundación Biodiversidad
2000 - 2001: Economic Advisor to the Minister, Ministry for the Environment
1999 - 2000: Advisor, Consejo Económico y Social
1998 - 1998: Junior Professional, World Bank
1998 - 1999: Teaching Fellow, Harvard University
1994 - 1999: Teaching Fellow, Boston University
1993 - 1994: Research Fellow, Tufts University
1990 - 1993: University Scholar/Lecturer, UNIVERSIDAD AUTONOMA DE MADRID-MINISTERIO DE UNIVERSIDADES E INVESTIGACION
1989 - 1990: Research Fellow, Insitute for Fiscal Studies

GLG News^SM Analyses by Miguel Bunuel(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

The purchase of Union Fenosa by Gas Natural is going to be slightly delayed

February 4, 2009

Analysis of:Retraso para Gas en la CNC | www.enervia.com

1) Nothing seems likely to avoid that the CNC finally approves the purchase of Unión Fenosa by Gas Natural. What remains to know is how deep the CNC is going to get into mandating Gas Natural to make disinvestments, but we shouldn’t expect that the CNC requires large ones. The CNC cannot hurt the building of a stronger Spanish energy company, especially strong in the gas market. 2) ACS is going to have to wait a little bit more to get the money that it needs to fight for the control of Iberdrola… an interesting battle to come with an unpredictable outcome.

More news on the Spanish Photo Voltaic (PV) solar market

February 4, 2009

Analysis of:Incredible growth in Spanish solar energy market spells good and bad news for PV industry | www.solarplaza.com

1) Again, it’s clear that the new feed-in tariff still makes investing in PV solar in Spain a profitable business. 2) The sector is going to be paralyzed a little bit longer, until promoters know that their facilities have been approved.

The strength of the wind: Bad news for power blackouts, but good news for Red Electrica Espanola - REE (and wind power generators)

February 3, 2009

Analysis of:Red contra el viento | www.enervia.com

1) The need for a thicker power grid that keeps us safe from power blackouts is obvious in many countries, including Spain. REE’s investment plans of thickening the grid in Spain, and interconnecting France and Spain through other points, should be completed as projected before the current financial crisis. 2) Social rejection to the construction of new power lines from some people (die-hard ecologists and others) is against sustainable development. 3) The growth of renewable energy production is also good news for REE’s investment plans, since it requires that those plans are completed as projected.

The cooling of the Spanish PV solar market will lead to sustainable growth of the PV industry

February 3, 2009

Analysis of:Incredible growth in Spanish solar energy market spells good and bad news for PV industry | www.solarplaza.com

1) The reduction in the feed-in tariff still makes investing in PV solar in Spain a profitable business; the demand for new facilities is much higher than the new allowed quotas. 2) Previous growth in the Spanish PV industry was unsustainable. It's good news that the market is cooled down to a sustainable path. 3) The new regulation will foster cost-reducing R+D, and we’ll get faster to the point where government support is no longer needed.

Why the Dramatic Changes in the New Regulation of Photovoltaic Solar Energy in Spain?

August 5, 2008

Analysis of:Energía fotovoltaica y subida de la luz | www.enervia.com

1. One of the reasons behind the new draft for the regulation of photovoltaic (PV) solar energy in Spain, which changes dramatically this sector’s regulation, is the significant effect that, the Ministry for Industry argues, the PV feed-in tariff has on the electricity tariff. But this is neither the only nor the most important factor. 2. The second reason is to provide the right incentives for research and development in the PV sector. 3. The third and most important reason is the need to cool down an industry that is growing above sustainable rates.

View All GLG News ^SM Analyses by Miguel Bunuel