In a significant stride toward sustainability and clean energy, Paz del Río and Celsia officially inked a contract for the construction of a solar park aimed at contributing around 6% of the daily energy consumption of the steel company.
Read moreColombia's economic scenario, as depicted by the DANE report for the third quarter of 2023, has not been as promising as anticipated.
Read moreThe setbacks in energy projects in La Guajira have been triggering a series of effects on companies and the electricity market.
Read moreThe Ministry of Mines and Energy (MinEnergia) announced a new Executive Director for the Energy and Gas Regulatory Commission (CREG).
Read moreSecuring insurance policies for Hidroituango following the 2018 contingency has posed a significant challenge for EPM. However, with the commissioning of units 1 and 2 in 2022 and units 3 and 4 in 2023, the challenge of insurance has been gradually resolved.
Read moreAs I look for content for ePC, I often find short items that I think have something relevant to say to our readers but they are too brief or not “Colombian” enough to justify their own article. I leave them open on my browser and review them from time to time, closing the windows that time or interest has passed on by. Last year at about this time I published a “Random Thursday Thoughts” that collected a few of these and now seems like a good point to do that again. At the end, I review last year’s column to see how twelve months have treated the items: moldy or aged like fine wine.
Read moreAs forecasts continue to predict the presence of El Niño, the country sees that the water reservoirs are being emptied despite the clear forecast.
Read moreColombia's entry into the nuclear realm in 1965 sparked alarm, with headlines such as "Atomic Bomb in the Heart of Bogotá" gracing the front pages as the country received a nuclear reactor donation from the United States. This reactor, operated by the Colombian Geological Service (SGC), remains in operation today.
Read moreDespite assurances from Enel Colombia in recent weeks regarding rectifying the faults that led to irregular values on energy bills, citizens continue to voice grievances over receiving invoices higher than their typical payment amounts.
Read moreGrupo Energía Bogotá (GEB) has successfully launched a sustainable bond in international capital markets.
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Colombia is entering the strongest phase of the El Niño phenomenon, projected between December and February 2024. However, as of now, there are no indications that the anticipated drought will jeopardize the country's electricity supply.
Read moreIn Colombia, there are 11 registered offshore wind generation projects, all in phase 1, with a capacity of a little over 5GW, according to data from the Mining and Energy Planning Unit (UPME). However, the government's recent announcement of consultation drafts for the allocation of temporary occupation areas has raised doubts and concerns among investors and experts.
Read moreColombia stands at the threshold of significant economic benefits in the realm of alternative energies, particularly concerning the minerals pivotal for clean energy mechanisms. Forecasts indicate substantial changes ahead in the supply, demand, and subsequently, the prices of these crucial minerals.
Read moreFollowing the Constitutional Court's declaration of the unconstitutionality of emergency decrees aimed at addressing issues in La Guajira, the Minister of Mines and Energy (MinEnergia), Andrés Camacho, announced a series of measures and actions.
Read moreColombia faces a slow-cooking energy crisis: electricity consumption has doubled without adequate support from new power plants.
Read moreAs Federico Gutiérrez takes office as mayor of Medellín on January 1st, 2024, the dynamics of this new administration are beginning to emerge.
Read moreIn pursuit of the agency’s ongoing institutional strengthening strategy for conducting environmental studies in energy and hydrocarbons projects, the Nacional Environmental Licensing Agency (ANLA) has taken actions to enhance the quality of environmental impact assessments (EIAs).
Read moreRecent water discharges from Hidroituango have raised concerns during the El Niño phenomenon, a time crucial for water usage in electricity generation.
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The Bogotá Energy Group (GEB) announced its operational and financial performance for 3Q23.
Read moreDuring the closing of the 28th Energy Congress, the Minister of Mines and Energy, Andrés Camacho, highlighted five key challenges that the country's energy system must address.
Read moreThe Ministry of Mines and Energy (MinEnergia) recently unveiled the strides made in the mining-energy sector in La Guajira as part of the citizens' dialogues, led by Minister Andrés Camacho Morales, aiming to assess the portfolio's achievements over the past year.
Read moreThe Inspector General issued a statement highlighting the absence of appointed commissioners in the Energy and Gas Regulation Commission (CREG).
Read moreLa Guajira, Colombia’s preeminent department for renewable potential, is set to embark on a significant initiative at the onset of 2024 with the launch of the Energy Communities program.
Read moreThe future of Colombia's electric grid appears to hinge on a blend of renewable and traditional energy sources, a recent projection by the Mining and Energy Planning Unit (UPME) indicates.
Read moreThe Indigenous community in Colombia's La Guajira region has reservations about the wind energy initiatives, despite the region's enormous potential for wind power.
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Dialogo Canada is an annual forum to exchange ideas between Colombia and Canada about business and related policy issues. Organized by the Colombia-Canada Chamber of Commerce, the 13th edition was held on November 15th in Bogotá. After the introductory speeches, the first panel was on hydrogen (H2), a major topic for MinEnergia and investors, both local and international.
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The National Association for Sustainable Mobility (Andemos) published its monthly report on the behavior of the hybrid and electric vehicle market in October, 2023. Here are the details.
Read moreThe Superintendent of Public Utility Services (SuperServicios), Dagoberto Quiroga, sent a reassure message to the country about the energy supply during the El Niño phenomenon.
Read moreEPM is committed to energy transition, with a strong emphasis on renewable energy, sustainable mobility, and hydrogen utilization, impacting nearly 9 million households, or around 36 million users from Mexico to Chile.
Read moreThe Inspector General’s Office asked EPM for information on tests conducted for the commissioning of generation units 3 and 4.
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The National League of Public Services Users in the Caribbean regions raised an alarm regarding the surge in the cost of kilowatt-hours of electricity bills for this part of the country.
Read morePresident Gustavo Petro announced the implementation of a clean energy pilot project in five neighborhoods of Barranquilla. The initiative aims to kickstart a shift in the model of electrical energy production on the Caribbean coast by encouraging residents to replace their roofs with solar panels.
Read moreDuring the 28th Energy Congress, Dagoberto Quiroga, the Superintendent of Public Utility Services, assured that Colombia has secured the supply of electrical energy for the critical months that will be affected by the El Niño Phenomenon.
Read moreIn Barranquilla, more and more initiatives are aligning with the city's grand vision of sustainability.
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Celsia, energy company of the Argos Group, reported its results for the third quarter of this year.
Read moreIn a recent update from the Wholesale Energy Market (MEM) congress, industry leaders Jose Camilo Manzur, president of Asocodis, and Martha Aguilar, director of the Colombian Association of Energy Marketers, sounded the alarm about a risk looming over the energy sector.
Read moreThe postponed Reliability Charge Auction, crucial for ensuring sufficient electrical energy to cover a projected deficit between 2027 and 2028, is now set for February 2024. Several companies are already exploring the terms of this process to participate, with EPM being one of them.
Read moreRepresentatives from leading energy companies including Enel Green Power, EDP Renewables, Isagén, Celsia, and ABO Wind have expressed their concerns regarding the integration of solar and wind energy into Colombia's power grid.
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XM, operator of the National Interconnected System (SIN) and administrator of the Wholesale Energy Market (MEM), reported consumption results for September 2023.
Read moreEPM has allocated significant resources for innovation and the use of cutting-edge technologies to promote energy transformation and improve services to citizens in the areas of renewable energy, sustainable mobility, and hydrogen.
Read moreExperts spoke about the lack of expert commisioners in the Energy and Gas Regulatory Commission (CREG).
Read moreIn 2023, Colombia has only achieved 16% of its anticipated new energy generation capacity, according to records from XM, the country's energy market operator.
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The EPM Group reported its results for the first nine months of 2023. Here are the details.
Read moreDagoberto Quiroga, the Superintendent of Public Utility Services, revealed that the Colombian government is exploring the possibility of forming partnerships between electric companies and the state.
Read moreEcopetrol (NYSE: EC) is set to undergo a significant transformation, transitioning into a major player in Colombia's energy sector.
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Economic growth, the Colombian government’s plans for electrification and exporting green hydrogen all require significant increases in generating and transmission capacity. So far, the Roadmap and the National Energy Plan update have only looked at demand and how policy makers want to see it served. In October, the UPME published its annual report on capacity requirements to meet this demand.
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ISA S.A. E.S.P (BVC: ISA) reported its third quarter 2023 results. Here are the details.
Read moreThe Mining and Energy Planning Unit (UPME) announced the indicative results of the Generation Expansion Plan for the period 2023-2037 within Colombia's National Interconnected System (SIN).
Read moreA team from the Inspector General’s Office journeyed to Puerto Nariño, Amazonas, a two-hour boat ride from Leticia, to confirm that a robust electrical distribution system has been supplying power to its residents for at least 15 years, but instead found an irregularity with a solar project.
Read moreEPM announced that the construction of its Tepuy Solar Park is advancing successfully.
Read moreA recent study by researchers at the National University sheds light on Colombia's electrical system and its ability to meet future energy demands.
Read moreAlberto Olarte, the Technical Secretary of the National Operations Council (CNO), raised a warning regarding the supply of electrical energy in Colombia during the 28th Wholesale Energy Market Congress (MEM) installation.
Read moreEnlaza, a subsidiary of the Grupo Energía Bogotá (GEB), has been awarded six 'Works for Taxes' projects by the Agencia de Renovación del Territorio (ART) in Colombia.
Read moreEnergy Master, a startup specializing in the monitoring and management of public services, plans to invest in implementing Artificial Intelligence (AI).
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After weeks of energy prices in the market staying above CoP$900/kWh, and even exceeding CoP$1,400/kWh at one point, prices have now dropped below CoP$400/kWh.
Read moreThe Ministry of Mines and Energy (MinEnergia) introduced a draft decree that would allow for automatic adjustments to the start date of energy generation projects.
Read moreThe Minister of Mines and Energy (MinEnergia), Andrés Camacho, announced the new Deputy Minister of Energy.
Read moreJavier Lastra Fuscaldo, the General Manager of Afinia, discusses the significant achievements of the company in a recent interview.
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The Colombian National Hydrocarbons Agency (ANH) announced the socialization process of the draft competitive process for the development of offshore wind energy generation projects in Colombia.
Read moreA team of 9 experts and 40 crew members aboard the ARC Roncador vessel set sail from the port of Tumaco to conduct a scientific research mission in Colombian Pacific Ocean waters, aiming to study the El Niño phenomenon and assess its potential impacts on the country.
Read moreThe global push towards achieving carbon neutrality targets set by nations is accelerating. Among the key sectors requiring transformation is the energy sector, which accounts for the highest volume of emissions worldwide, even though this isn't the case for Colombia.
Read moreIn recent months, concerns about a potential energy crisis in Colombia have been mounting due to rising tariffs for both households and businesses, coupled with warnings of a nationwide blackout soon. Isagen called on the government to take targeted action to address this critical issue affecting Colombian homes and businesses.
Read moreThe efforts to solidify Hidroituango as one of Colombia's most significant energy generation and engineering projects continue without pause.
Read moreAfter several days when the Energy Regulation and Gas Commission (CREG) was unable to convene due to a shortage of expert commissioners, the first curriculum vitae for a permanent appointment to this entity has come to light.
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Recently national newspaper El Espectador published a syndicated article about leveraging Just Energy Transition Partners (JETP) to Latin America. JETP offers funding to emerging markets countries to accelerate their energy transition. Would this work for Colombia?
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On Saturday, October 28th, a meeting was held at the Casa de Nariño between the President of Colombia, Gustavo Petro, and his counterpart from Ecuador, Guillermo Lasso. The central focus of this meeting was to address the energy crisis currently faced by Ecuador, which has led to a four-hour daily power outage.
Read moreThe Commission for Energy and Gas Regulation (CREG) has been unable to convene or make decisions since October 5 due to a lack of quorum. This hiatus comes at a critical juncture, as urgent measures are needed to address the financial crisis facing several electricity retailers and to tackle the El Niño phenomenon.
Read moreIn a significant stride towards enhancing the country's energy infrastructure, the expansion of the Termocandelaria natural gas thermal power plant is set to commence operations soon.
Read moreISA and Juan Emilio Posada have announced that, by mutual agreement, he will remain as the company's president until January 2, 2024.
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As concerns over El Niño's impact on energy generation mount, an analysis by Sergio Cabrales, an analyst and lecturer at the University of Los Andes, highlights a potential risk of rationing if hydropower capacity falls to 20%.
Read moreRecently, Colombian President Gustavo Petro took to his Twitter (now X) account to make a rather perplexing request to the public and the energy sector, generating a discussion about the government’s plans regarding El Niño.
Read moreIn a recent discussion during the VI Summit on Oil, Gas and Energy, sector experts gathered to discuss the obstacles in the transition of Colombia's transportation fleet to sustainability, as well as the measures needed to accelerate this process.
Read moreLatin America has the potential to emerge as a global leader in renewable energy, driven by the substantial increase in solar and wind energy production capacity.
Read moreDuring the VI Oil, Gas, and Energy Summit, sector experts shed light on the significance of hydrogen (H2) in the energy transition and the opportunities to drive demand for this fuel.
Read moreSpectrum recently obtained environmental clearance to build one of the country's largest solar parks between Barrancabermeja and Bucaramanga in Santander.
Read moreThe VI Oil, Gas, and Energy Summit provided a platform for Jorge Iván González, Director of National Planning (DNP), and Mauricio Cardenas, former Minister of Finance (MinHacienda), to delve into the crucial topics of energy transition, its financing, and the role of the petroleum sector in this process.
Read moreThe Regiotram del Norte project, aimed at connecting Colombia's capital with Chía, Cajicá, and Zipaquirá, is facing uncertainty due to the Ministry of Transport's response to a technical request made by the Cundinamarca Governorship and the Mayor's Office of Bogotá.
Read moreColombian President Gustavo Petro announced that the country's Caribbean region will gradually transition to renewable energy sources, with the installation of solar panels.
Read moreExperts convened to discuss advancements in energy transition during the VI Oil, Gas and Energy Summit, particularly focusing on the potential of green hydrogen and other pertinent topics in the energy industry.
Read moreIn recent times, there has been a noticeable correlation between household energy prices and the surge in complaints. More people are expressing dissatisfaction with the rising tariffs they receive at home.
Read moreBia, the digital energy retailer, has announced the successful closure of a Series A funding round.
Read moreThe Colombian government provided detailed insights into its plans and actions regarding the energy transition.
Read moreThe VI Oil, Gas, and Energy Summit gathered industry experts to explore the implementation of the energy transition in Colombia's regions.
Read moreEPM announced its plan to be a major player in the hydrogen market by 2030, both nationally and internationally.
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In July, the Colombian government revealed its energy transition “roadmap”. In late September, the International Energy Agency (IEA), a global energy thinktank, published its “Net Zero Roadmap: A Global Pathway to Keep the 1.5oC Goal in Reach” and then recently published its World Energy Outlook for 2023. The public version of the IEA’s database does not break out Colombia so we cannot do a direct comparison, but we can make some inferences. So what, if anything, can we learn from these about Colombia’s transition roadmap?
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Amidst Colombia's energy crisis exacerbated by El Niño, Minister of Mines and Energy (MinEnergia), Omar Andrés Camacho Morales, recently asserted that the country had the highest energy tariffs in the region. However, this claim faced scrutiny from experts and energy analysts who argued otherwise.
Read moreCompanies worldwide are taking substantial steps to combat climate change, and EPM is no exception.
Read moreBayWa r.e., a German company specializing in the global renewable energy market, announced its entry into Colombia with the establishment of a new solar distribution center in Medellín.
Read moreThe Chinese giant, Beny, announced its portfolio to boost the solar energy charger industry in Colombia.
Read moreThe Colombian government is moving forward with plans to conduct a concession auction for temporary permits in designated maritime areas to facilitate the development of offshore wind energy projects.
Read moreUnergy, a collaborative investment platform focused on solar energy projects, will develop mini solar farms.
Read moreDagoberto Quiroga, the Superintendent of Household Public Services, talked about the high tariffs of public services in Colombia.
Read moreSince October 5th, both the Colombian Energy and Gas Regulatory Commission (CREG) and its panel of experts have been unable to convene and make decisions due to a lack of the required quorum.
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With the recent announcement of a new public policy for motorized mobility with zero and low emissions, many Bogotá citizens are wondering if electric vehicles will dominate the capital by 2035.
Read moreColombia's energy sector currently navigates the complexities brought on by the onset of El Niño, prompting various industry groups to call on President Gustavo Petro's government to reevaluate and potentially halt energy exports to neighboring countries like Ecuador.
Read moreIn a recent development, the government announced a new deputy minister of energy.
Read moreAt the Latin American Youth Climate Conference hosted in Bogotá this year, Colombia's Minister of Environment and Sustainable Development (MinAmbiente), Susana Muhamad, reaffirmed Colombia's commitment to the proposals it will present at the United Nations Climate Change Conference (COP28) in Dubai.
Read moreDaniel Medina, President of ACIEM, addressed concerns about supply delays, potential risks of power outages, and the need for strategic planning to navigate through these challenges.
Read moreThe Minister of Mines and Energy (MinEnergia), Andrés Camacho, announced new measures aimed at alleviating the financial challenges faced by companies in the energy sector affected by the so-called 'Tariff Option' adopted by the previous national administration.
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