During the Sixth XM Forum, Colombia's Deputy Minister of Energy, Javier Campillo, announced the timeline for achieving the government's goal of fully integrating 6 gigawatts (GW) of unconventional renewable energies into the country's energy matrix.
Read moreThe Colombian Government announced a potentially game-changing move to alleviate the burden of high energy tariffs for users in the Caribbean region.
Read moreColombia's Minister of Mines and Energy, Omar Andrés Camacho Morales, was summoned by President Gustavo Petro for a "talking to" regarding his performance as head of one of the country's most important ministries.
Read moreIrene Vélez, former Minister of Mines and Energy during President Gustavo Petro's administration until July 2023, is set to be sworn in as the consul of Colombia in London.
Read moreCelsia, energy company of the Argos Group, reported its results for the first quarter of this year.
Read moreIn the vast expanse between Sincelejo and San Benito Abad lies a beacon of progress: an electrification project illuminating the rural communities of Sucre, Colombia.
Read moreEcopetrol (NYSE: EC) is considering its potential direct participation in the country's first offshore wind energy auction.
Read moreAndrés Camacho, Minister of Mines and Energy, shed light on the government's energy policies under President Gustavo Petro, emphasizing the transition towards renewable energy sources and tariff-related issues.
Read moreThe EPM Group reported its results in the first quarter of 2024. Here are the details.
Read moreISA announced that its new projects acquired in the first quarter of 2024 amounted to CoP$1.3T.
Read moreIn the race towards a more sustainable energy future, blue hydrogen emerged as a protagonist with immense potential.
Read moreThe State Council issued yet another call to President Gustavo Petro to proceed with the appointment, "as soon as possible," of the six commissioners still missing from the Energy and Gas Regulatory Commission (CREG).
Read moreEnel Colombia announced its progress in the 2024 investment plan with resources of over CoP$350B.
Read moreXM, the operator of Colombia's National Interconnected System (SIN) and administrator of the Wholesale Energy Market, confirmed additional firm energy commitments for the period 2027 - 2028.
Read moreThe resumption of energy exports to Ecuador has raised eyebrows in Colombia, particularly among energy consumer groups like Asoenergía.
Read moreGrupo Energía Bogotá S.A. ESP (GEB) announced the president and vice president of the Board of Directors, elected for the period 2024 - 2026.
Read moreColombia’s president, Gustavo Petro, extended an invitation to the United Arab Emirates (UAE) to participate in the development of clean energy projects in La Guajira, particularly in the realm of green hydrogen.
Read moreEPM's endeavor into hydrogen production is poised to double its revenue, as the company diversifies its service portfolio with the exploration and manufacture of green hydrogen.
Read moreEnvironmental licenses remain a significant obstacle for various energy projects in Colombia, posing challenges for the industry and its stakeholders and becoming a major cause of delays, ultimately jeopardizing the country's energy security.
Read moreAt the end of February, we wrote about the importance of storage for highly variable renewable energy sources especially solar whose efficiency depends on latitude, location and sun’s angle to generate energy. And we noted the importance of finding greener solutions than the existing lead-acid and lithium-ion batteries to do this. In the meantime, we found a company in Panama selling a supercapacitor-based storage solution that meets these challenges.
Read moreAs reservoir levels slowly rebound from historic lows due to drought caused by the El Niño phenomenon, Colombia's energy landscape sees a shift.
Read moreSchrader Camargo announced that it will be responsible for constructing what is considered Colombia's second largest solar plant.
Read moreThe pursuit of energy self-sufficiency and environmental preservation stands as top priorities on Colombia's agenda. In this light, the first round for the allocation of blocks for offshore wind energy generation has sparked deep national and international interest.
Read moreEcuador's Acting Minister of Energy and Mines, Roberto Luque, announced the suspension of an electrical interconnection between Ecuador and Colombia amid the halt of exports of this nature between the two countries. This interruption in electrical exchange was justified by the low levels of reservoirs in both Colombia and Ecuador. However, service was recently reestablished.
Read moreColombia emerges as a potential leader in the global energy transition, leveraging its abundant natural resources.
Read moreFormer ministers and experts issued a strong rebuke against recent remarks made by the Minister of Mines and Energy (MinEnergia), Andrés Camacho, concerning the Energy and Gas Regulatory Commission (CREG).
Read moreThe Energy and Gas Regulation Commission (CREG) announced that, due to recent changes in weather conditions, the program incentivizing efficient energy use by consumers is being terminated prematurely.
Read moreThe Ministry of Mines and Energy (MinEnergia) and the Institute for Planning and Promotion of Energy Solutions (IPSE) officially opened a solar power plant in the rural area of Puerto Cachicamo, located in the municipality of San José del Guaviare, Guaviare.
Read moreIn a recent interview, Minister of Mines and Energy (MinEnergia), Andrés Camacho, responded to industry criticisms regarding the handling of the energy crisis, asserting that the government has been actively involved for over a year.
Read moreIn the heart of Colombia's Atlántico department lies the Bosques de Bolívar Solar Farm, a green energy generation project set to contribute 100MW to the National Interconnected System (SIN).
Read moreIn a significant move towards promoting sustainable and efficient transportation models, the Colombian government recently announced decree 0510 of 2024.
Read moreIn the journey towards energy transition with alternative sources, encouraging achievements reflect a growing global awareness of the issue.
Read moreAs Colombia strides towards carbon neutrality by 2050, the journey towards environmental sustainability has become a collective effort, with various sectors making significant contributions.
Read moreScotiabank announced acall for proposals for the Net-Zero Research Fund across the countries where it operates.
Read moreThe outlook for renewable energy in Colombia is promising, as it reflects a significant proportion of these alternatives, signaling a commitment to transitioning towards a cleaner and more sustainable energy system.
Read moreThe government is spearheading a fair, sustainable, and gradual energy transition for Colombia, aiming to ensure the country's energy sovereignty, access to energy, and clear actions to tackle climate change.
Read moreEnergy prices in Colombia have been a major concern recently, but there's good news on the horizon. According to XM, the entity responsible for managing the country's electricity market, there has been a significant drop in energy costs, particularly in the spot market.
Read moreUnergy and Solenium launched Colombia's first open solar energy laboratory, aiming to spearhead the renewable energy transition through technology, innovation, research, development, and experimentation in the energy sector.
Read moreThe urgency for Colombia to accelerate its energy transition and decarbonize its economy has been a topic of much discussion. This transition involves the implementation of projects utilizing unconventional renewable energy sources. Despite delays in these initiatives, a significant milestone has been reached this year.
Read moreWe return to the book The Price is Wrong by Brett Christophers to look at his conclusions and recommendations as well as the implications for Colombia and President Gustavo Petro’s policies.
Read moreColombia's energy landscape is undergoing scrutiny as stakeholders explore avenues to bolster the National Interconnected System (SIN) and avert crises like the current one with El Niño.
Read moreThe Grupo Energía Bogotá (GEB) has unveiled plans to further solidify its presence in Colombia's electric power transmission sector with a new project in the northern department of Bolívar.
Read moreFenalco Solidario Corporation announced the amount invested in sustainability.
Read moreMinister of Environment (MinAmbiente) Susana Muhamad emphasized the proactive and anticipatory management of the El Niño phenomenon based on data and observations from May 2023.
Read moreThe International Energy Agency (IEA) published the Global EV Outlook 2024 with comment about Colombia.
Read moreThe Ministry of Mines and Energy (MinEnergia) took center stage in London at the "Colombia Sustainable Investment Roadshow 2024," hailed as a premier event promoting Colombia as an investment destination.
Read moreAs the Colombian government proposes an energy-saving plan with penalties for excessive consumption, experts are urging for the exclusion of the Caribbean region, citing concerns over potential tariff hikes.
Read moreThe government's resolutions under Petro's administration to tackle the shortage of electricity in the country have also become subject to legal challenges before the State Council.
Read moreThe seventh edition of the Renewables Latam Encounter and Fair concluded in Barranquilla on April 19, 2024, focusing on the present and future of renewable energies in Colombia.
Read moreColombia is taking significant strides in the green hydrogen sector, establishing itself as a vital partner for Germany.
Read moreIn line with this global trend, AES Colombia, a company at the forefront of positive and lasting changes in the energy sector based on the critical needs of its stakeholders, committed to a just and sustainable energy transition.
Read moreSusana Muhamad, the Minister of Environment (MinAmbiente), announced an investment for the restauration of the Sumapaz water corridor.
Read moreColombia is grappling with an unexpectedly extended El Niño phenomenon, significantly impacting the water levels in its reservoirs, which have plummeted to historic lows. This diminishing volume is a result of decreased water contributions.
Read moreThe tenth edition of ‘Brújula Minera 2024’, conducted by Jaime Arteaga and Associates in collaboration with the National Consulting Center, shed light on growing pessimism among different stakeholders.
Read moreAmid a bleak energy supply outlook in Colombia due to the effects of the El Niño phenomenon, and amidst measures authorities have taken to encourage savings, the president of Ecopetrol (NYSE: EC, Ricardo Roa, discussed the role of the Colombian state-owned company in this market.
Read moreDavivienda, one of Colombia's leading financial institutions, awarded the Carbon Neutral Certification by the Colombian Institute of Technical Standards and Certification (Icontec).
Read moreThe Ministry of Energy (MinEnergia) and the Ministry of Environment (MinAmbiente) unveiled the latest results of their strategy to counteract the effects of the El Niño phenomenon in the country.
Read moreLuis Miguel Fernández, president of TPL Energía, provided insights into the current energy landscape in Colombia.
Read moreLatin America holds significant untapped potential in geothermal energy, but its utilization remains low, according to a report by Rystad Energy.
Read moreEl Niño has dried up Colombian reservoirs, sapping the country’s ability to generate hydropower. The entirely predictable consequence is a dramatic increase in thermal generation from fossil fuels, the “Illuminati’s” worst nightmare. Lately, we have zoomed into XM’s data looking at daily statistics to see how the reservoir situation evolves. In this article, we mostly zoom out to monthly data to see what the larger trends might mean, zooming in to look again at Hidroituango.
Read moreXM, operator of the National Interconnected System (SIN) and administrator of the Wholesale Energy Market (MEM), reported consumption results for March 2024.
Read moreAs the El Niño phenomenon approaches its end (we hope!), Colombia reflects on the significant impact it had on its electrical system and the lessons learned to prevent a similar crisis in the future.
Read moreDuring the seventh Latin American Renewable Energy Meeting and Fair held at the Puerta de Oro, Caribbean Events Center in Barranquilla, Deputy Minister of Mines and Energy, Javier Campillo, issued a stern warning about the state of Colombia's energy system.
Read moreThe Ministry of Mines and Energy (MinEnergia) released a draft decree aimed at establishing interoperability conditions for public access charging stations for electric and plug-in hybrid vehicles.
Read moreMinister of Environment (MinAmbiente), Susana Muhamad, issued a warning on the energy and water crisis in the country.
Read moreMedellín's Mayor, Federico Gutiérrez, recently raised alarms about a potential government intervention in EPM, Colombia's leading public utilities company. The Minister said that was not his plan and for now, the two sides have an agreement.
Read moreColombia is currently on edge due to the looming possibility of nationwide power outages. This raised alarms among local authorities and citizens alike, especially after water rationing measures were implemented in various regions, including Bogotá, due to low reservoir levels.
Read moreA blockade at the Hidroituango project site jeopardized energy generation, according to EPM. But it now has been resolved for now.
Read moreAs Colombia grapples with a looming energy crisis exacerbated by the El Niño phenomenon, calls for urgent conservation measures are growing louder.
Read moreDuring growing concerns over potential blackouts, Laura Sarabia, Chief of Staff to President Gustavo Petro, announced actions to face the current energy crisis.
Read moreThe Inspector General’s Office made a petition to the Ministry of Mines and Energy (MinEnergia).
Read moreCarlos Mario Caro, the General Manager of ISA Intercolombia, emphasized the urgent need for an extended energy transmission plan.
Read moreThe energy sector in Colombia is facing a severe challenge because of the low reservoir levels caused by the El Niño phenomenon. This, combined with a sharp increase in energy demand and delays in the operation of renewable projects, has put the country at risk of power rationing.
Read moreRecent comments from President Gustavo Petro regarding the safety risks associated with the Hidroituango project have stirred controversy.
Read moreDuring a geography lecture at the La Boétie Institute in France, environmental activist and professor Andrés Malm praised the government of Gustavo Petro for positioning Colombia as a pioneer in environmental conservation efforts.
Read moreAs Colombia grapples with the lingering effects of the El Niño phenomenon, there's a silver lining for micro, small, and medium-sized enterprises (mipymes) looking to invest in energy efficiency.
Read moreFollowing a meeting convened by President Gustavo Petro with the country's mining-energy sector at Casa de Nariño, the CREG hinted at potential energy rationing for Colombia.
Read moreThe global shift towards sustainable energy is marked by a transition from fossil fuels to primarily renewable energy sources.
Read moreAmid the recent announcement from Bogotá's Mayor's Office about water rationing, concerns about the country's water and energy reservoirs have surged.
Read moreI am reading a new book by geographer, Brett Christophers, called The Price is Wrong: Why Capitalism Won’t Save the Planet. He argues that, despite their now low theoretical cost per kilowatt-hour, solar and wind power, will not achieve investor profitability targets, resulting in under investment, certainly insufficient investment to displace fossil-fuel-based generation. That means either governments must continue to subsidize solar and wind power or – probably Colombian President Gustavo Petro’s preferred solution – state-owned enterprises will transform the energy matrix.
Read moreThe Inspector General recently voiced concerns over the country's energy situation.
Read moreDuring the Asofondos Congress, Finance Minister (MinHacienda) Ricardo Bonilla sent a message about the energy supply in the country.
Read moreAt the recent Naturgas Congress in Cartagena, experts emphasized the importance of coordination and complementarity in advancing energy transition through gas.
Read moreTo mitigate the risk of energy rationing, the Ministry of Mines and Energy (MinEnergia) asked thermal power plants for help.
Read moreEcopetrol (NYSE: EC) completed the construction of a solar farm at the Cartagena Refinery, marking a significant milestone as Latin America's first solar farm located within a refinery.
Read moreEPM announced the signing of a memorandum of understanding with the Japan Bank for International Cooperation (JBIC).
Read moreThe Inspector General, Margarita Cabello, announced the initiation of a disciplinary investigation against the Minister of Mines and Energy, Andrés Camacho.
Read moreMinister of Mines and Energy (MinEnergia), Andrés Camacho, stated that they expect to hold the first session of the CREG in coming days with the new commissioners to discuss measures regarding energy tariffs.
Read moreThe Inspector General, Margarita Cabello, led a visit to the Ituango hydroelectric project located in northern Antioquia. The purpose of the visit was to assess the progress of the project considering the current situation of rationing and potential shortage of electrical energy facing the country.
Read moreIn the energy sector, Grupo Energía Bogotá (GEB) stands out for its various actions aimed at continuing to be a benchmark in the country and the region in terms of sustainability and a robust corporate governance structure.
Read moreVanti Group its first sustainable credit with Bancolombia.
Read moreDaniel Medina, president of the Colombian Engineers Association (ACIEM), discussed the group’s recommendations to the government regarding the country's energy situation.
Read moreJuan Ricardo Ortega, president of Grupo Energía Bogotá (GEB), participated in an Interinstitutional Dialogue on mining-energy issues, particularly focusing on La Guajira's role as a development hub.
Read moreThe Mining and Energy Planning Unit (UPME) reassured that despite the low levels of reservoirs for energy generation, standing at 31.6%, Colombia is not currently at risk of facing energy shortages.
Read moreFollowing the announcement by Bogotá's Mayor, Carlos Fernando Galán, regarding scheduled water rationing in the capital due to low reservoir levels, the private sector and business associations proposed response mechanisms to avoid succumbing to the potential crisis of low water and energy demand.
Read moreAs El Niño tightens its grip, Colombia's reservoir levels plunge to a historic low. In response.
Read moreThe Ministry of Mines and Energy (MinEnergia), led by Andrés Camacho, provided reassurance regarding concerns over a potential increase in energy tariffs, stating that there will be no hike in rates.
Read moreThe Minister of Environment (MinAmbiente), Susana Muhamad, criticized Mayor Carlos Fernando Galán's water rationing plan, stating that it should be accompanied by a review of Territorial Planning Plans, as they prioritized urban expansion over the impact of the climate crisis and the region's water capacity.
Read moreLast week we demonstrated declining reservoir levels caused by El Niño and showed the consequences for hydropower generation. We also briefly mentioned what was taking up the slack. Here, we go into that in more, graphic, detail. Guess what? Petro-despised fossil fuel-generated power rises to fill the gap.
Read more