Articles by Pablo Soria de Lachica

Pablo Soria de Lachica – Summarizes The Results Of The First CfD Auction In The UK

MEXICO CITY, MEXICO – Collaborator of Kartoshka, Pablo Soria de Lachica is one of the first experts to voice their opinions on the results of the inaugural Contract for Difference (CfD) auctions which took place in February earlier this year. CfDs are private contracts between low carbon electricity producers and the British government’s Low Carbon Contractions Company (LCCC) (source: https://www.gov.uk/government/collections/electricity-market-reform-contracts-for-difference). An integral part of the latest Electricity Market Reform, each contract is designed to ensure a constant and certain flow of revenue to electricity generators by limiting their exposure to changing wholesale prices. Meanwhile, consumers will be protected from paying higher support costs whenever electricity prices rise. After the first CfD allocation auction round, 27 contracts worth £315 million (approximately $492 million) were offered to projects that generate 2GW of renewable energy in Great Britain (source: http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Energy/first-cfd-auction-results-announced-150226). Onshore wind generation…


Pablo Soria de Lachica - Predicts Further Impact On Forex Trading Due To Negotiations With Greece

Pablo Soria de Lachica – Predicts Further Impact On Forex Trading Due To Negotiations With Greece

MEXICO CITY, MEXICO – With Greece missing its 1.5 billion euro loan repayment in the recent weeks, Forex trading has been seeing an impact. Tensions are high with all sides wondering whether the International Monetary Fund will grant a loan restructuring to the troubled country, a question that has resulted in the euro losing nearly 1% in the course of less than a week (source: http://www.reuters.com/article/2015/07/01/markets-forex-idUSL3N0ZH1JQ2015070). Pablo Soria de Lachica has weighed in on the negotiations and predicts additional Forex effects within the short-term. “Much of this hinges on the willingness of the IMF to negotiate and restructure the Greek debt,” said Pablo Soria de Lachica. “Needless to say, the impact of Greece leaving the European Union will bring about a domino effect across all Forex markets and currencies. The extent is unpredictable at this time, but we are watching developments…