|Ministry of Energy (Chile) 2010-2011|
March 11, 2010
|Succeeding||Marcelo Tokman Ramos|
November 25, 1961 |
|Political party||Renovación Nacional|
|Alma mater||Pontifical Catholic University of Chile
University of Minnesota
|Occupation||Economist, Academic, Researcher, Consultant, Politician|
Ricardo Jorge Raineri Bernain (born November 25, 1961) is an economist, academic, researcher, consultant, and politician. On February 9, 2010, Chile's current President Sebastián Piñera nominated him to the Ministry of Energy.
Raineri completed his studies at the Adventist high school in Santiago, Chile. He went on to major in Business at the Pontifical Catholic University of Chile in 1987. He completed his Masters of Arts in 1991 and Ph.D. in 1993 at the University of Minnesota. His studies concentrated on industrial organization and regulation, and monetary economy. He is married and the father of three children.
Upon his return to his country Chile, Raineri began to work as a professor and researcher of the Department of Industrial Engineering and of the School of Engineering Systems at his Alma mater, the Pontifical Catholic University of Chile. He would later become the Director of the department between April 1998 and April 2002. He was also managing director and coordinator of economics of the Industrial Engineering Department and Systems between March 1994 and October 1995.
He corroborated with Sebastián Piñera working as coordinator in the area of energy of the group Tantauco.
In 2012, he was appointed as Alternate Executive Director of the World Bank Group, in representation of Argentina, Bolivia, Chile, Paraguay, Peru and Uruguay.
In 2012, he was elected by experts around the world, and for a period of two years, as Vice President for Academic Affairs of the International Association for Energy Economics .
On February 9, 2010, Chile's current President-elect Sebastián Piñera nominated him to the Ministry of Energy. Following the 2011 Magallanes protests in January he resigned after supporting a price increase for natural gas, resource whose price was heavily subsidized in a region where natural gas reserves were estimated to last a few years given the high levels of consumption and lack of investments on exploration and new production wells. His resignation allow the government to revert the price increase, what leads the way to an increasing energy shortage in the region.