Acolgen comments

Regulation & Policy, Renewables    Aug 5, 2021 6:02 PM

Acolgen’s Natalia Gutiérrez spoke about the energy transition process.

Gutiérrez recalled that the country started the energy transition process a few years ago, changing its public policy to bet on renewable energies, Valora Analitik reported.

The expert said that this process showed that all actors were interested in supply and demand.

“We celebrate that process, but we have invited a review of the speed,” Gutierrez said.

She said that Colombia has the advantage of not having to choose whether to opt for renewables with low emissions or conventional energy, since the country has a matrix that complements and supports the entry of new technologies.

“That is valuable because the reliability market is extremely important,” Gutiérrez said.

Gutiérrez said that the country should not give up what it already has from natural gas, even though some may not consider it a transition fuel.

“We should have a transition plan because we do believe that gas is a transition fuel,” Gutierrez highlighted.

She added that the country should think about carbon neutrality and its cost at the same time.

“I think the technology issue in the energy sector is going at a tremendous speed,” Gutiérrez said.

Bottom-Line: Natural gas will be fundamental in the energy transition process, as this fossil fuel will serve as a backup while new energy sources gain reliability. Acolgen clearly sees it as a longer term solution as well.

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