Understanding Colombia's current political landscape can be a challenging task for businesses, especially when key ministers propose conflicting measures.
Read moreIn response to the ongoing wildfires wreaking havoc across the country, Energy Minister Andrés Camacho, via X, alongside the Mining and Energy Planning Unit (UPME), called an extraordinary Advisory Commission for Coordination and Monitoring of the Energy Situation (Cacsse).
Read moreColombia, with its abundant sunshine and wind, is poised for a green energy revolution. However, the Association of Renewable Energies (SER Colombia) sheds light on the stumbling block: sluggish project initiation.
Read moreePC readers know our skepticism about Colombian President Gustavo Petro’s idea of doing away with utility companies, generating all power with rooftop solar. National newspaper El Tiempo picked up a Washington Post article about a “zero electricity bill” community in Florida (Hunters Point) so we thought we would have a look again at the topic.
Read more
During the El Niño phenomenon, concerns about energy costs are taking center stage, with rising temperatures often impacting prices.
Read moreColombia is gearing up for a significant boost in renewable energy, with 66 projects potentially joining the national electricity matrix throughout 2024.
Read moreThe newly appointed Board of Directors for EPM, in its inaugural regular meeting on January 24, 2024, received alarming reports about the financial health of its subsidiaries, Afinia and Emvarias.
Read moreXM, the operator of Colombia's National Interconnected System (SIN) and administrator of the Wholesale Energy Market (MEM), continues to closely monitor system variables to identify risks and ensure the secure and reliable supply of energy.
Read more
The El Niño phenomenon is already making its presence felt, with a nearly 10% reduction in water reservoir levels within just 23 days.
Read moreAmidst uncertainty surrounding energy costs in Colombia, an increasing number of companies are making a strategic shift towards developing renewable energy projects, particularly solar, within their facilities.
Read moreThe Colombian government, led by Minister of Mines and Energy Andrés Camacho, is set to unveil a comprehensive reform aimed at revamping the provision of public services, particularly focusing on tariff adjustments.
Read moreColombian President Gustavo Petro announced that the government will issue a natural disaster decree in response to the multiple fires engulfing the country from the El Niño phenomenon.
Read moreThe Grupo Energía Bogotá (GEB), in collaboration with Wayra Hispam – the open innovation area and corporate fund of the Telefónica Movistar group – announced the launch of the second edition of its Venture Client program.
Read moreLatin American nations, including Colombia, are grappling with the challenges of transitioning away from fossil fuels. In this endeavor, Uruguay and Chile emerge as contrasting examples, offering valuable insights into successful versus complicated paths toward sustainable energy transformation.
Read moreEPM's fresh board of directors, along with the company's CEO John Maya Salazar and Medellin's mayor, Federico Gutiérrez, toured the Hidroituango facilities to assess the status of the hydroelectric plant.
Read moreThe Colombian government has raised the alert level for wildfire risks due to the El Niño phenomenon.
Read moreEcopetrol (NYSE: EC) made significant strides in its commitment to renewable energy.
Read morePresident Gustavo Petro, as part of his participation in the World Economic Forum, expressed his government's ambition to transform Colombia's major sources of revenue from coal and oil into tourism.
Read moreISA is set to undergo a change in its Board of Directors on January 29th through an Extraordinary Shareholders Assembly.
Read moreThe Gas Market Manager of the Mercantile Exchange of Colombia recently published a report on natural gas production.
Read moreDespite Colombia's robust and regulated electrical system that has historically averted crises, the specter of a potential blackout in 2025 haunts the country.
Read moreDaniel Enrique Medina, President of ACIEM, the electrical engineers’ society, highlighted the importance of a fair energy transition for Colombia, especially in the context of global efforts to combat climate change.
Read moreAES Colombia, a leading company in 100% renewable energy generation in the country, has secured certification in gender equality and diversity from Aequales, making it the first company in the Colombian electric power sector to achieve this recognition.
Read moreWe recently reported that Parex, a major oil and gas producer in Colombia, had received permission to produce 15 to 60kW of geothermal electrical power, with the potential to escalate to 120kW. This marks a major milestone for a no/low carbon energy that the country should excel at.
Read moreScotiabank Colpatria has unveiled a tailored US$60M working capital line for Termobarranquilla and Termocandelaria, both integral parts of Termocandelaria Power SA (TPSA).
Read moreAs Colombia, and particularly Bogotá, grapple with the onset of the latest El Niño phenomenon, the challenges are two-fold - soaring daytime temperatures and a period of reduced rainfall compared to the norm.
Read moreThe onset of 2024 brings a clear threat from the El Niño phenomenon in various regions of Colombia.
Read moreThe latest report from the National Federation of Merchant Entrepreneurs (Fenalco) and the National Association of Entrepreneurs of Colombia (Andi) has unveiled the sales figures for electric and hybrid cars in Colombia for the year 2023.
Read morePresident Gustavo Petro engaged in a brief but impactful conversation with Microsoft co-founder Bill Gates during the annual World Economic Forum in Davos, Switzerland.
Read moreThe energy sector finds itself in a precarious moment, as various factors converge, posing a threat to its stability. Rodrigo Villamizar, former Minister of Mines and Energy and director of the think tank Electra Cdp asserted that, in this landscape, soaring energy bills are merely a symptom of a more significant problem.
Read moreColombia confronts the intensification of the El Niño phenomenon, while reservoir volumes have steadily declined.
Read moreIn a compelling address at the World Economic Forum in Davos, President Gustavo Petro floated a visionary idea for a transcontinental agreement aimed at bridging the gap between North and South America.
Read more
Colombia is currently grappling with the impact of the El Niño phenomenon, leading to heightened alerts for potential wildfires and other climatic challenges.
Read moreEnel Colombia achieves another milestone in its commitment to sustainable energy with the recent approval from the Board of Directors for the construction and commissioning of the Guayepo III solar park.
Read moreColombia witnessed a surge in forest fires during the first 15 days of 2024.
Read moreIn the wake of recent regional administration changes, shifts in leadership are occurring within public companies.
Read moreThe Colombian government, through the Commission of Regulation of Energy and Gas (CREG), was considering postponing the deadline for the energy reliability charge auction for the third time, but the entity changed its mind.
Read moreThe Colombian Minister of Environment (MinAmbiente), Susana Muhamad, stated that there is no risk of energy shortages during the passage of the El Niño phenomenon. However, the sector is preparing to respond if necessary.
Read moreIn the ambitious plan to introduce 12 wind energy projects contributing over 6,990 megawatts to Colombia's energy grid in La Guajira by 2024, there seems to be a headwind of delays hindering progress.
Read moreThe Territorial Development Bank (Findeter) announced a new credit line for energy efficiency.
Read moreEcopetrol (NYSE: EC) is setting sail on a new venture – a dedicated business line delving into renewable energies.
Read moreIn a recent X (formerly known as Twitter), President Gustavo Petro attempted to showcase Colombia's progress in the global energy transition. However, a closer look at the facts reveals a less triumphant narrative.
Read moreNestled in the picturesque landscapes of San Juan de Arama, the Gateway to the Sierra de la Macarena in the Meta department, the synergy of agriculture and livestock intertwines to create a region of rich biodiversity.
Read more
President Gustavo Petro and MinAmbiente Susana Muhamad insist that El Niño is under control. The only really horrific climate-related disaster the country has had was caused by too much rain not too little, a local reminder that higher global temperatures mean more extreme weather not necessarily drier (or wetter for that matter) universally. So what is happening to the country’s hydro reservoirs and what power generation choices do we have?
Read moreAs Colombia braces itself for the impact of El Niño, characterized by decreased rainfall, particularly in the western and central regions, the nation faces a delicate situation with its water reservoirs.
Read moreAs newly elected mayors assume their roles, a wave of changes is set to ripple through public energy companies across various regions.
Read moreEsteban Quintana, CEO of Klik Energy, revealed the company's potential to support up to 2 gigawatt-hours of energy per day, offering crucial support during periods of low hydro availability induced by the El Niño phenomenon.
Read moreThe National Association of Public Utilities and Communications Companies (Andesco) raised concerns about Resolution 701028 of 2023 from the Energy Regulation Commission (CREG), which addresses transitional rules for energy prices during the El Niño phenomenon.
Read moreAmidst soaring temperatures and a surge in forest fire alerts across 747 municipalities, Environment Minister (MinAmbiente) Susana Muhamad met with President Gustavo Petro to devise strategies for coping with the severe impact of the El Niño Phenomenon in Colombia.
Read moreIn a groundbreaking move, Colombia has granted approval for the exploration of geothermal energy, marking a significant departure from its normally conservative approach to new energy technologies.
Read moreMinister of Mines and Energy (MinEnergia), Omar Andrés Camacho, is determined to tackle rising electricity tariffs by intervening in market prices.
Read moreIn a significant stride toward democratizing access to electricity in vulnerable communities, Colombia's Ministry of Mines and Energy, under the banner of the "Government of Change," inaugurated multiple rural electrical interconnection projects.
Read moreThe government is committed to advancing a fair energy transition, emphasizing the alignment of relative prices between new energy sources and fossil fuels, as outlined in the National Energy Plan for 2052.
Read moreColombia is on the cusp of a transformative energy shift, exploring its potential in the emerging hydrogen sector, echoing global aspirations for a cleaner, more sustainable future.
Read moreJavier Alfonso Lastra, the current General Manager of Afinia, a subsidiary of EPM, submitted his resignation as president of the energy company in the country on January 9th.
Read moreEnel Green Power is at the forefront of accelerating the transition towards sustainable energy, making a commitment to combat climate change through decarbonization and electrification of energy consumption.
Read morePresident Gustavo Petro has greenlit the restructuring of the Mining-Energy Planning Unit (UPME) to "confront the challenges of energy transition planning."
Read moreThe Colombian government under President Gustavo Petro is gearing up for an ambitious transformation in the energy sector, intending to revolutionize both the operations and the identity of the country's primary oil company, Ecopetrol (NYSE: EC).
Read moreIsagen's CoP$368B loan from BBVA now joins the Spanish entity’s sustainable lending program in Colombia.
Read moreEduardo Vallejo, a 53-year-old cattle rancher, watched skeptically as the Wildlife Conservation Society (WCS) technicians installed a biodigester on his farm. He had been in discussions for weeks about a technology that would help convert his cattle's waste into energy, specifically biogas.
Read moreEcopetrol (NYSE: EC), in conjunction with the Ministries of Science, Technology, and Innovation, as well as Mines and Energy, announced an open tender through March 21, 2024.
Read moreEnel Green Power, a subsidiary of Enel Colombia, achieved a significant milestone in the construction of the Guayepo I and II solar park, with progress surpassing 60%.
Read moreEnel Colombia, through its "Cundinamarca al 100%" program, provided energy access to 1,029 rural households within its sphere of influence during 2023.
Read moreLast year at this time, we did an article looking ahead to 2023. Not quite “Fearless Forecasts” like we do for our sister publication because policy issues dominate the debate on green energy more than statistics. Let’s have a look at how we did and make some bold – ok maybe not so bold – predictions for 2024.
Read more
Bogotá inaugurated the first-ever public charging network for electric vehicles (EVs).
Read moreThe pioneering energy community situated in Medellín's El Salvador neighborhood, where 24 neighbors collectively sell electricity to the national interconnected system, left several lessons for coming initiatives.
Read moreThe Commission for Energy and Gas Regulation (CREG) initiated a five-day consultation on a resolution aimed at intervening in the wholesale energy market to "prevent the abuse of the dominant position by generators."
Read moreIn a significant move aimed at tackling the humanitarian, economic, social, and environmental crisis plaguing the La Guajira region, the Ministry of Mines and Energy (MinEnergia) announced a bill in the House of Representatives.
Read moreOver the holiday period, we continued to monitor the Colombian press for articles on renewable power generation and sustainability more broadly. Some will appear as standalone articles in the coming days, but we also found the following items interesting and relevant.
Read moreThe National Environmental Licensing Agency (ANLA) recently granted approval for two renewable energy projects in the High Guajira region, specifically located in the municipality of Uribia.
Read moreThe Ministry of Mines and Energy (MinMinas) defined the goals for the country's energy communities through Decree 2236 of 2023, as outlined in Article 235 of Law 2294 of 2023, established in the 2022-2026 Development Plan.
Read moreMedellin's Mayor Federico Gutierrez took a strong approach to revamping EPM's Board of Directors, nominating eight well-experienced individuals from the business and public service sectors.
Read moreJuan Emilio Posada's farewell from the presidency of ISA on January 2 marks the conclusion of his 18-month tenure, characterized by record profit levels and significant business milestones.
Read more