History says El Niño means double-digit electricity inflation

Pricing, Regulation & Policy    Jun 11, 2026 5:49 PM

An ANIF report cited by Valora Analitik on May 22 puts hard historical numbers behind what Colombia's electricity sector is bracing for: every significant El Niño event of the past two decades has produced sharp spikes in residential electricity bills, driven by the system's structural dependence on hydroelectric generation (around 62% of effective installed capacity) and the much higher cost of the thermal backup that fills the gap when reservoirs run low.

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