Archives

  • Promigas 1Q25 results

    Promigas released its financial and operational results for the first quarter of 2025, showcasing solid performance and a continued focus on sustainable growth.

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  • Solar-powered sports fields

    After months of delays due to funding shortages, construction on the long-awaited "energy fields" in the Las Malvinas and La Playa neighborhoods in Barranquilla, specifically in the Adelita de Char sector, will resume this week, with completion now scheduled for August 2025.

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  • Colombia at RENAG 2025

    Colombia took another decisive step toward diversifying its energy matrix and decarbonizing its economy during the VII National Geothermal Meeting (RENAG 2025), held May 5–9 at the Colombian Geological Service (SGC) headquarters in Bogotá.

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  • Colombia bets on renewables

    From the World Bank’s perspective, Colombia has all the ingredients to become a key player in Latin America's energy transition. Yet despite its strong potential and political will, the implementation of renewable energy projects in the country remains frustratingly sluggish.

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  • ECP’s renewable projects

    Ecopetrol (NYSE: EC) is taking significant strides in the country’s energy transition by investing heavily in renewable energy.

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  • Tender for new substation

    Colombia’s Mining and Energy Planning Unit (UPME) launched a public tender for the design, procurement, construction, testing, commissioning, operation, and maintenance of the new Sopó substation (230/115 kilovolts), along with the development of two 230-kilovolt double-circuit transmission lines.

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  • Findeter Air-e’s debt

    Findeter, the state-owned development bank attached to Colombia’s Ministry of Finance, has formally requested a ruling from the Superintendency of Public Services (Superservicios) to allow the settlement of a CoP$44.6B (approximately US$11.5M) debt owed by utility company Air-e.

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  • What capacity does the grid really have?

    Today’s article about Ecopetrol buying wind and solar projects left and right, inspired the above graph. By 2027, ECP will indeed have a big impact on Colombia’s stock of renewable generation. This article updates our capacity graphs to the end of last week and digs deeper into the National Oil Company’s stock of renewable energy.

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  • Measures to accelerate renewable projects

    Amid growing pressure on Colombia’s electrical system and increasing fears of blackouts due to surging energy demand, renewable energy, particularly solar and wind, has emerged as a critical alternative. However, despite the urgency, these projects face bureaucratic and structural barriers that have significantly slowed their progress.

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  • “Trilemma” challenge

    As Colombia advances on the path toward energy transition, the country’s power sector is encountering serious challenges. Experts warn that without decisive action to strengthen regulatory stability, stimulate investment, and solve the energy “trilemma”, balancing energy security, environmental sustainability, and economic accessibility, the nation could face an unreliable energy supply and unfair pricing for consumers.

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  • Resolutions to boost geothermal and H2

    During the 8th Latin America Renewable Energy Summit, Colombia’s Deputy Minister of Energy, Jorge Andrés Cristancho, unveiled regulatory measures and inter-institutional strategies aimed at accelerating the country’s energy transition, with a special focus on geothermal energy and hydrogen.

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  • Corruption at UPME?

    Allegations of corruption within Colombia’s Mining and Energy Planning Unit (UPME) have sparked concern in the country’s energy sector, as a senator and top government officials call for urgent investigations into the agency’s internal practices.

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  • Colombia’s power grid struggles

    During the 8th Latin America Renewable Energy Fair held in Barranquilla, María Nohemí Arboleda, General Manager of XM, the operator of Colombia’s National Interconnected System (SIN) and administrator of the Wholesale Energy Market, sounded the alarm on the country’s lagging power transmission infrastructure.

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  • Ser Colombia on renewable energy

    At the 8th Encuentro y Feria Renovables Latam held in Barranquilla, Alexandra Hernández, President of Ser Colombia, presented both promising progress and deep concerns about the future of renewable energy in the country.

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  • New working group

    The National Environmental Licensing Agency (ANLA) created a specialized team dedicated to evaluating environmental impact studies for renewable energy projects.

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  • Power interconnection with Venezuela?

    Colombian energy infrastructure giant ISA Intercolombia is making significant progress on two strategic international electric interconnection projects, one with Venezuela and the other with Panama, according to an update from Carlos Mario Caro, the company’s general manager.

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  • Renewable reform ahead?

    The Ministry of Mines and Energy (MinEnergia) is exploring a major regulatory shift aimed at accelerating the deployment of renewable energy projects across the country.

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  • Transmission project approved

    Colombia has taken a major step toward strengthening its electrical infrastructure with the recent approval of a key transmission line.

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  • Colombia’s battery storage potential

    As the global conversation on renewable energy intensifies, Colombia is emerging as a promising player in the integration of battery storage into its energy system.

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  • Energy sector applauds debt payment

    In a rare moment of harmony between the Colombian government and the energy industry, key trade associations, including Anadesco, Acolgen, Andeg, Asocodis, Naturgas, SER Colombia, and ACP, celebrated the Petro administration’s recent announcement of a CoP$2.5T payout.

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  • Ecopetrol bets on renewables

    In a major move to accelerate its energy transition strategy, Ecopetrol (NYSE: EC) announced that it had successfully finalized a deal with Statkraft European Wind and Solar Holding AS, a subsidiary of the Norwegian state-owned energy company Statkraft, to acquire its entire renewable energy portfolio in Colombia.

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  • Energy sector challenges

    For over three decades, Colombia’s electric power model, designed after the 1992 blackout, has been a source of national pride. Since then, the country has successfully navigated seven El Niño phenomena, demonstrating the resilience of a system widely considered a benchmark in Latin America. However, cracks are beginning to show.

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  • Environmental license for Villavieja solar park

    Colombia’s energy transition took another step forward as the National Environmental Licensing Authority (ANLA) approved the environmental license for the Villavieja Solar Park, a new large-scale photovoltaic project to be developed in Huila.

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  • Air-e launches training program

    On the International Day of Light, a celebration established by UNESCO to recognize the transformative power of science, technology, and education, Colombian utility company Air-e unveiled a bold initiative: "Mujeres que Transforman 2025" (Women Who Transform 2025).

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  • Delays in environmental licensing

    Despite ambitious plans by Grupo Energía Bogotá (GEB) to strengthen Colombia’s electric transmission network in the Bogotá savannah and neighboring departments, progress has been stalled due to prolonged delays in environmental licensing, delays not caused by the National Environmental Licensing Authority (ANLA), but rather by inaction from the Ministry of Environment (MinAmbiente).

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  • Gas sanctions loom?

    Colombian President Gustavo Petro announced potential sanctions against gas intermediary companies, accusing them of diverting residential gas supplies to more lucrative thermoelectric generation. His remarks follow a Fedesarrollo study warning of steep increases in gas tariffs due to rising import dependency.

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  • Government pays off subsidy debts

    In a move aimed at addressing long-standing financial pressures in Colombia’s energy and gas sectors, the Ministry of Mines and Energy (MinEnergia) announced that the Petro administration has fully paid off the debts owed to companies for energy and gas subsidies corresponding to the years 2024 and 2025.

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  • Everybody knows…

    Almost exactly a year ago to the day you will see this article, we published a long analysis of Levelized Costs of Energy (LCOE) in a Colombian context. Recently a number of energy research organizations have updated their LCOE although the UPME has not. Also recently, XM held an auction for power generation and the results should tell us something about how investors perceive relative costs… or risks.

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  • GEB 1Q25 results

    The Bogotá Energy Group (GEB) reported strong financial performance for the first quarter of 2025, showcasing significant growth across key metrics.

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  • Freight criticizes government

    During the XIV Supply Chain Congress in Colombia, prominent figures from the country’s freight transport sector voiced strong concerns over the government's lack of financial backing for the energy transition, as well as the growing insecurity and inefficiencies affecting their industry.

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  • Charging Medellín’s future

    Although Medellín has emerged as a national leader in electric mobility, with over 8,000 electric vehicles on its streets, the infrastructure to support them is lagging far behind. From outdated residential wiring to dysfunctional charging stations, EV owners are encountering roadblocks at nearly every turn.

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  • Subsidy payment deadline

    Despite assurances made earlier this year, the Colombian government has failed to deliver on its promise to pay off a significant portion of its growing debt to electricity companies.

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  • Hydropower reservoirs show recovery

    As Colombia transitions into its annual rainy season, the country’s hydropower reservoirs are showing encouraging signs of recovery, offering a significantly more optimistic outlook than the one seen at the same time last year.

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  • New energy reform bill

    At the 17th Annual Energy Congress organized by the Colombian Association of Electric Energy Generators (Acolgén), Minister of Mines and Energy (MinEnergia), Edwin Palma, announced the formation of a national dialogue platform aimed at crafting a new energy reform bill.

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  • Bogotá faces risk of power shortages

    Carlos Fernando Galán, Mayor of Bogotá, raised serious concerns about a potential electricity supply shortage in the Colombian capital by 2026 if long-delayed transmission line projects are not completed in time.

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  • Bottlenecks threatening energy sector

    At the 17th Annual Energy Congress organized by Acolgen, top executives from Colombia’s power sector outlined critical bottlenecks threatening the reliability and sustainability of the country’s energy system.

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  • Celsia 1Q25 results

    Celsia, the energy company of Grupo Argos, reported robust financial and operational results for the first quarter of 2025, driven by improved hydrological conditions and strategic progress in its renewable energy agenda.

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  • Green tax survives

    Colombia’s Constitutional Court has upheld a controversial additional tax on renewable energy projects introduced under President Gustavo Petro’s National Development Plan (PND).

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  • Clean energy alliance

    Minister of Mines and Energy (MinEnergia), Edwin Palma, is leading efforts to secure Chinese investment aimed at strengthening clean energy infrastructure in the country’s Caribbean region.

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  • “Intervention is not the solution”: Acolgen warns

    In the wake of mounting concerns over Colombia’s energy supply and rising electricity prices, Natalia Gutiérrez, President of Acolgen warned that state intervention will not fix the current challenges in the sector. Instead, she argued that increasing supply and competition are the only sustainable solutions.

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  • Colombia’s solar giant

    Colombia is nearing a major milestone in its clean energy transition with the construction of its largest solar farm, Puerta de Oro, which has now reached 50% completion and is set to begin operations by late 2025 or early 2026.

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  • Colombia bets big on renewables

    Colombia is gearing up for a major leap in its energy transformation.

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  • Subsidy debt settled

    As part of an urgent strategy to prevent a deepening financial crisis among utility companies, Colombia’s Ministry of Mines and Energy (MinEnergia) announced plans to pay off a multi-billion-peso backlog in electricity and gas subsidies.

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  • Tariff option resurfaces

    The Colombian government is preparing a new legislative push to address the long-standing "tariff option" debt owed to utility companies, mainly those distributing energy and gas, stemming from the COVID-19 pandemic. Back then, households were allowed to delay payments for public services, with the understanding that those bills would eventually be settled. Years later, that financial catch-up remains unpaid.

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  • Colombia secures energy

    Colombia has successfully concluded three recent energy reconfiguration auctions that guarantee the country’s energy supply through 2028, while marking a significant step toward cleaner, more diversified generation.

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  • Inspector’s Office criticizes Superservicios

    Inspector General’s Office raised serious concerns over the handling of the intervention into power company Air-e by the Superintendence of Public Utilities (Superservicios).

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  • ISA targets UPME projects

    ISA (Interconexión Eléctrica S.A.) announced its intention to participate in a new round of energy transmission projects led by the country’s energy planning authority, UPME.

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  • Alpha and Beta wind equipment on sale

    EDP Renewables (EDPR) has begun dismantling its Alpha and Beta wind farms in La Guajira, Colombia, following its December 2024 decision to abandon both projects. This move is part of the company’s broader withdrawal from the Colombian market, driven by regulatory delays, market constraints, and stalled government-issued permits, most notably a long-overdue environmental license.

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  • Leading Brands in EV sales

    Electric vehicle (EV) sales in Colombia are experiencing a historic boom.

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  • Energy security at risk

    The sustainability of Colombia’s energy system is under increasing pressure, driven by a combination of structural, financial, and regulatory challenges.

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  • ISA investments

    Colombian energy infrastructure giant Interconexión Eléctrica S.A. (ISA) kicked off 2025 with a robust investment performance.

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  • Solar panel subsidy

    In Colombia, both the government and certain family compensation funds are offering financial support and subsidies to help low-income households install solar photovoltaic systems.

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  • ISA 1Q25 results

    Interconexión Eléctrica S.A. (ISA) reported strong financial and operational results for the first quarter of 2025.

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    • Energy
    • May 12, 2025 10:33 PM

    Controlled energy consumption?

    The city of Sincelejo, Colombia, is preparing to launch a pilot project aimed at helping residents manage their electricity usage according to their economic capabilities.

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    • Energy
    • May 12, 2025 10:32 PM

    Possible blackouts

    Colombia’s energy sector is facing a mounting crisis, particularly in the Caribbean region, where the financial instability of utility company Air-e is raising fears of an imminent blackout.

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  • Colombia solar lights up the Caribbean

    In a significant stride toward energy transition and economic relief, more than 400,000 families in Colombia’s Caribbean region could benefit from the first phase of the “Colombia Solar for Popular Economies” program, an initiative launched by the national government to promote clean energy use and reduce electricity costs in low-income communities.

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  • EPM 1Q25 financial results

    EPM reported record-breaking financial results for the first quarter of 2025.

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  • La Guajira project licensed

    The National Environmental Licensing Agency (ANLA) granted the environmental license for the “Electric line to connect Beta and Alpha wind farms to Cuestecitas Substation” project, located in the municipalities of Uribia, Maicao, and Albania in the department of La Guajira, Colombia.

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  • Colombia expands grid

    During the first quarter of 2025, Colombia integrated 17 new energy projects into the National Interconnected System (SIN), aiming to strengthen the country's power supply and diversify its energy matrix.

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  • Air-e crisis deepens

    During a Senate Fifth Commission debate on electricity tariffs, Senator José David Name strongly criticized the management of the electricity distribution company Air-e and called for the resignation of Public Services Superintendent Yanod Márquez.

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  • A blackout like Spain?

    Recently, Spain experienced a widespread blackout that left large parts of the country, as well as neighboring Portugal and southern France, without electricity for nearly 10 hours.

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  • National energy efficiency awards

    At the 11th edition of the National Energy Efficiency Awards, four organizations were recognized for their outstanding contributions to advancing energy efficiency in Colombia.

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  • Energy savings initiative

    The Colombian government officially launched “Caribe, Cambia Tu Energía” (“Caribbean, Change Your Energy”), a major energy efficiency initiative that will benefit more than 200,000 low- and middle-income households (strata 1, 2, and 3) in the Caribbean region.

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  • First bioclimatic greenhouse

    In a meaningful step toward sustainability and environmental development, Afinia, a subsidiary of Grupo EPM, inaugurated its first bioclimatic greenhouse in Cartagena.

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  • Risk of missing 2030 decarbonization goals

    Colombia is falling behind on its commitment to reduce greenhouse gas emissions by 51% by 2030, according to a new report by the Regional Center for Energy Studies (CREE).

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  • “Without transmission, there will be no transition”: GEB says

    At the LR Forum on Renewable Energy and Its Impact on the Future, a key panel titled “Green Financing: Incentives and Investment Models for Sustainable Projects” brought together voices from across the energy and finance sectors to discuss how Colombia can accelerate its energy transition.

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  • Efficient energy tariffs

    Fanny Guerrero, an electrical engineer and now one of the top technical voices in Colombia’s national energy policy, became a commissioned expert at the CREG in July 2024, aiming to promote fair and efficient energy tariffs, especially in the Caribbean region where high energy costs have long been a concern.

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  • Do we have the capacity?

    A number of observers worry that Colombia will run out of generating capacity in 2026 or 2027. The ministry, of course, says it has everything under control. The president thinks the answer is rooftop solar even in rainy, high-rise, Bogotá. What does the data say?

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  • “More energy supply is needed,” Isagen says

    Colombian energy generation and commercialization company Isagen has set out an ambitious investment strategy aiming to add up to 1,300 megawatts (MW) of capacity by 2028.

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  • Challenge to redesign wind turbines

    In a bold move to rethink the visual and environmental footprint of renewable energy, Enel has launched WinDesign, a global innovation challenge seeking fresh ideas that merge functionality, aesthetics, innovation, and sustainability in wind turbine design.

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  • South America’s largest solar park

    The longstanding relationship between Colombia and the Netherlands continues to flourish, with both countries deepening their collaboration in sustainability, trade, and innovation.

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  • Fitch on Air-e debt

    Fitch Ratings raised concerns over the growing financial risks stemming from the Colombian government's intervention in Air-e.

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  • Colombia harnesses wind

    Colombia’s energy transition continues to gain momentum, and while solar power often dominates the headlines, wind energy is quietly beginning to take root, especially in the breezy expanses of La Guajira and Magdalena.

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  • Powering Caribbean progress

    Since taking over the energy service in Colombia’s Caribbean region in October 2020, Empresas Públicas de Medellín (EPM) has injected CoP$2.8T into its subsidiary Afinia, aiming to improve service quality and secure energy supply across the departments of Bolívar, Sucre, Córdoba, Cesar, and parts of Magdalena.

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  • Verano demands action

    Eduardo Verano, Governor of Atlántico, issued a strong appeal to Colombian President Gustavo Petro, urging immediate action to resolve the growing energy crisis threatening the Caribbean region.

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  • Energy crisis tensions

    The ongoing dispute between the Colombian government and the National Association of Public Utility Companies (Andesco) has intensified amid growing concerns over an energy crisis.

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  • Agrivoltaics energy community

    In a groundbreaking move for sustainable development in Colombia’s Pacific region, 115 families from the Bocas del Palo Black Communities Council in Jamundí, Valle del Cauca, now benefit from a pioneering agrivoltaics system, the country’s first pilot energy community in this coastal region.

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  • Colombia at the mercy of the weather

    Colombia’s energy security is hanging by a thread, or rather, by a cloud.

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  • State utilities exit Andesco

    A growing clash between Colombia’s government and energy sector stakeholders reached a new level.

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  • Energy price cap draft released

    The Colombian government published a draft decree aimed at capping electricity prices in the country, to alleviate the financial burden of rising energy costs on households across all socioeconomic levels.

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  • Electric grids 2040

    As global energy demand accelerates due to rapid technological growth, Hitachi Energy issued a stark warning.

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  • AI trends shaping the energy sector in 2025

    Accenture’s Technology Vision 2025 study explores a pivotal shift in the energy industry, where artificial intelligence (AI) is no longer just a tool but a transformative force.

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  • Rethinking long-term energy policy

    A growing number of industry associations in Colombia are urging the national government to engage in a serious, respectful dialogue to address the country’s increasingly critical energy situation.

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  • Targeted subsidy reform

    Colombia is grappling with a deepening crisis in its energy and gas subsidy system. As financial pressures mount, both academic and industry leaders are calling for structural reforms, particularly a shift from the outdated socioeconomic stratification system to a more precise mechanism for subsidy targeting: the Sisbén score.

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  • Wholesale energy price drops

    In March 2025, Colombia’s wholesale electricity market experienced a significant price decline.

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  • Disputed scarcity prices

    A legal challenge has been filed before Colombia’s State Council, seeking the provisional suspension of Resolution 101 066 issued on November 18, 2024, by the Energy and Gas Regulation Commission (CREG).

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  • Leadership change at Hydrogen Colombia

    The Board of Directors of the Hydrogen Colombia Association announced that Mónica Gasca will step down as President of the association, effective June 6, 2025.

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  • April showers

    April showers allowed XM to continue to use hydro but still see reservoir levels rise. Updating our fundamental daily-data charts on generation and reservoirs.

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  • Workers and Energy Transition

    As Colombia advances in its commitment to a cleaner energy future, labor leaders in the mining and energy sectors are sounding the alarm about the social costs of this transformation.

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  • Mounting debts threaten energy supply

    Since November, Colombian electricity distributor Air-e has stopped paying its debts to power generators.

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  • Public services reform in Colombia

    Nearly three years into President Gustavo Petro’s administration, the much-anticipated public services reform remains absent from Colombia’s congressional agenda.

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  • “Living without energy is a tragedy”

    After nearly four decades in the tech industry, William Corredor, CEO and founder of Open Intelligence, knows a thing or two about the essential nature of public utilities. His company, a Colombian software firm with a 38-year history, specializes in solutions for customer service, billing, collections, work orders, installations, and maintenance in public utilities.

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  • Credit line to boost solar projects

    Bancóldex, in collaboration with the National Infrastructure Development Fund (Fondes), has launched the 'Energía Solar se Reactiva' program to support Colombia’s energy transition and the expansion of solar energy projects.

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  • Nexans’ warning

    In recent weeks, global markets have been rattled by a new wave of tariffs imposed by U.S. President Donald Trump, triggering a fresh commercial war that could have significant consequences for multiple industries, including renewable energy.

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  • ‘Colombia Solar’ expansion

    The Ministry of Mines and Energy (MinEnergía) announced the expansion of its 'Colombia Solar for Popular Economies' program, aiming to benefit nearly 1,000 small businesses across the country.

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  • Voluntary carbon markets

    2024 has officially become the hottest year on record, with global average temperatures rising by 1.55°C above pre-industrial levels—surpassing the Paris Agreement’s 1.5°C target well before the 2030 deadline. This alarming development underscores the urgent need for bold action, as reiterated during COP16 in Cali, COP29 in Baku, and the World Economic Forum in Davos.

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  • Challenge to CREG

    A legal challenge has been filed before Colombia’s Council of State seeking the temporary suspension of Resolution 101 066 of November 18, 2024, issued by the Energy and Gas Regulatory Commission (CREG).

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  • Celsia nears wind power launch

    Celsia, the energy company of Grupo Argos, is in the final stages of building its first wind power plant in Colombia: the Carreto Wind Farm, located in the coastal department of Atlántico. This marks a major milestone for the company and Colombia’s growing push for renewable energy.

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  • Acting Director of UPME

    Manuel Peña Suárez, an electrical engineer with a master’s degree in economics, has been appointed as the acting director of Colombia’s Mining and Energy Planning Unit (UPME), replacing Carlos Adrián Correa.

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  • Bogotá expands electric fleet

    Bogotá’s public transportation system is taking a major leap toward sustainability with the addition of 269 fully electric buses set to begin operations by late 2025.

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