Archives

  • Solar licensing decree

    At the opening of the 7th Congress on Finance for Equity, Sustainability, and Transformation organized by Asobancaria, Colombia’s acting Minister of Environment and Sustainable Development (MinAmbiente), Irene Vélez Torres, announced a forthcoming decree that will streamline the licensing of solar energy projects in the country.

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  • Solar hybrid milestone

    SunCompany has announced plans to build Colombia’s largest hybrid solar project in Inírida, a remote, non-interconnected area of the country.

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  • Hydrogen hubs advance

    Colombia and Germany have strengthened their strategic alliance to position Colombia as a regional leader in the renewable hydrogen transition.

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  • Government decrees tariff stability

    The Colombian government announced a major step to address long-standing concerns over electricity costs in the Caribbean coast.

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  • Blackout risk

    Colombia could face a serious risk of energy rationing if the upcoming 2026 reliability charge auction fails to attract enough investment, warned Alejandro Castañeda, President of the National Association of Power Generating Companies (Andeg).

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  • Innovative energy communities

    The Colombian government, through the Ministry of Mines and Energy (MinEnergia), Ecopetrol’s (NYSE: EC) Econova Innovation Network, and the Ministry of Science, Technology, and Innovation, opened the country’s first call for the creation of Innovative Energy Communities.

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  • CCE on Air-e’s future

    The Colombian Energy Chamber (CCE) urged the national government to provide a clear plan to address the challenges faced by electricity distributor Air-e, whose prolonged financial and operational difficulties have become a pressing concern for the country’s energy sector.

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  • ISA eyes ENARSA privatization

    Interconexión Eléctrica S.A. (ISA), a subsidiary of Ecopetrol (NYSE: EC), is evaluating a potential move into Argentina by acquiring part of Energía Argentina S.A. (ENARSA), the state-owned firm that President Javier Milei has placed on the privatization block.

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  • Colombia–Panama power link

    The long-awaited electrical interconnection between Colombia and Panama, a US$800M mega-project, is set to be completed and operating within three years, according to Jorge Andrés Carrillo, president of Interconexión Eléctrica S.A. (ISA).

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  • Acolgén calls for stable and fair rules

    The Colombian Association of Electric Power Generators (Acolgén) called on the Ministry of Mines and Energy (MinEnergia) to review recent regulatory measures that, according to the industry, are discouraging investment in the country’s electricity sector.

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  • Carrillo comments

    When Jorge Andrés Carrillo took over as president of Interconexión Eléctrica S.A. (ISA) a year ago, he knew he was stepping into one of the most decisive moments of his professional career.

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  • Caribbean embraces self-generation

    In Colombia’s Caribbean region, 1,686 users are now producing their own energy, and requests for self-generation projects surged by 60% in 2025, according to Air-e Intervened.

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  • Offshore wind boost

    At the 2nd Offshore Caribbean Forum: Energy and Progress, Orlando Velandia, president of Colombia’s National Hydrocarbons Agency (ANH), outlined the vast potential of the Caribbean region to become a driver of renewable energy.

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  • Colombia plans auction

    The Energy and Gas Regulation Commission (CREG) has set in motion a new reliability charge expansion auction to guarantee Colombia’s energy supply between December 1, 2029, and November 30, 2030.

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  • MinEnergia targets Air-e

    Colombia’s Minister of Mines and Energy (MinEnergia), Edwin Palma Egea, delivered a strong message about the future of Air-e, the company currently responsible for providing electricity in Atlántico, Magdalena, and La Guajira.

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  • Celsia cuts blackouts

    Celsia, part of Grupo Argos and one of Colombia’s most important energy players, reported a significant improvement in service reliability in Tolima since its entry into the department in 2019.

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  • Tax reform and energy transition

    Colombia’s Ministry of Finance (MinHacienda) submitted its latest tax reform to Congress, a bill that includes two key chapters aimed at strengthening the country’s energy transition and improving electricity efficiency.

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  • Solenium expands solar

    Solenium, a renewable energy company, announced a US$15M investment to build 15 mini solar farms across Colombia, marking a significant step in advancing the country’s clean energy transition.

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  • Enel boosts communities

    Enel Colombia announced it has made transfers worth more than CoP$123B (approx. US$30M) to 79 municipalities across the departments of Cundinamarca, Huila, Cesar, Cauca, and Atlántico, as well as to four environmental authorities, including three regional autonomous corporations and Parques Nacionales Naturales – Chingaza.

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  • Missing Solar Capacity?

    MinEnergia Edwin Palma and President Gustavo Petro like to tell us that there’s lots of new solar generation capacity coming online. But we can’t see it in XM’s databases and we even think about 500MWp went missing in March of this year. We are not saying the new capacity doesn’t exist: it just doesn’t appear in the official records.

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  • Wind license launched

    Colombia’s government is preparing a new decree to create a special licensing procedure for wind energy projects, aiming to streamline approvals and boost renewable investment while maintaining strong environmental and social safeguards.

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  • Energy security risks

    For the first time in three decades, Colombia faces negative balances between electricity supply and demand, raising concerns about the country’s energy security.

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  • Surtigas’ solar project

    Promigas, through its subsidiary Surtigas, entered into a strategic alliance with Petromil to launch a new 1.4 MWp solar project on Colombia’s Caribbean coast, marking another step forward in the country’s energy transition.

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  • Rare earths

    Colombia’s energy transition is moving forward, but in the wrong direction. That is the warning raised by Amat Zulugua, Director of the Caribbean Energy Transition Observatory, who argued that the country is dangerously behind in its planning and strategy for diversifying its energy matrix.

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  • MinEnergia enables auto generation

    Colombia has introduced new rules to regulate how companies and individuals generate their own electricity and connect it to the national grid.

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  • Fitch warning

    International ratings agency Fitch Ratings warned that the Colombian government’s proposed reforms to the Reliability Charge, a mechanism designed to guarantee reliable electricity supply, could heighten the risk of future power shortages.

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  • Cundinamarca solar breakthrough

    Cundinamarca is set to become the epicenter of Colombia’s energy transition with the launch of Puerta de Oro, the country’s largest solar park, slated to begin operations in 2026.

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  • Schools drive sustainability

    In Atlántico, students are being placed at the heart of energy transformation through a new alliance between Air-e and the Colegio Metropolitano de Soledad 2000.

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  • Colombia launches reliability auction

    Colombia’s energy regulator (Creg) officially launched a new reliability charge auction to guarantee electricity supply between 2029 and 2030.

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  • Colombia hits 3GW

    Colombia has marked a major milestone in its energy transition, surpassing 3 gigawatts (GW) of installed clean energy capacity, now accounting for more than 10% of the country’s electricity matrix.

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  • Colombia faces costliest power

    Colombia has officially earned the unwelcome title of the country with the most expensive electricity in Latin America, according to a study unveiled at the Energy Master Summit in Bogotá.

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  • Energy hubris

    In a sharply worded opinion piece, Aquiles Mercado, Vice President of Finance and Administration, warned that Colombia may be falling into what he calls “Energy hubris”, an arrogance that could cost the country its energy sovereignty.

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  • Renewables need urgency

    The Colombian renewable energy sector and the government have agreed on an eight-point “shock plan” aimed at unblocking stalled projects and accelerating the country’s energy transition.

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  • Energy subsidy debt

    Colombia’s electricity sector is ringing alarm bells once again, as mounting government debt on energy subsidies threatens the financial stability of companies and the continuity of service for millions of users.

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  • GEB secures financing

    The Grupo Energía Bogotá (GEB) closed a CoP$500B credit operation with BBVA Colombia, aimed at strengthening its 2025 investment plan and supporting the modernization of the country’s energy infrastructure.

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  • Industries face surcharge

    Colombian companies are bracing for higher operating costs after the government unveiled a draft decree that would reimpose a 20% energy surcharge on several productive sectors, to shore up funds for subsidies benefiting households in lower-income brackets.

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  • Colombia’s energy dilemma

    Colombia faces an urgent challenge: securing at least CoP$40T in investments over the next decade to avoid the return of rolling blackouts reminiscent of the 1990s.

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  • ANLA on geothermal exploration

    Colombia’s geothermal ambitions received a boost after the National Agency of Environmental Licenses (ANLA) clarified the regulatory path for early-stage projects.

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  • Energy surcharge return

    The Petro administration announced a draft decree that could reintroduce higher energy tariffs for several economic sectors, reviving the 20% solidarity contribution originally created in the 1990s to finance subsidies for low-income households.

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  • Power generated by imported gas

    Colombia worries about importing gas because of its higher price. This obviously affects everyone using gas but there will also be an impact on electricity prices given the continuing importance of gas-powered thermogeneration to the matrix (to the chagrin of the “Illuminati”).

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  • New public utility

    Nearly a year after the state intervened in power distributor Air-e, the Colombian government is preparing a structural solution that could mark the end of the troubled company and the creation of a new public utility to secure electricity service across the Caribbean coast.

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  • Andeg warning

    At the opening of the 12th Andeg Energy Forum, Alejandro Castañeda, President of the National Association of Generating Companies (Andeg), warned that Colombia urgently needs to boost its power generation capacity by between 2,500 and 3,000 megawatts by 2028 to prevent a severe electricity crisis.

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  • ISA backs Transelca

    Jorge Andrés Carrillo, President of Interconexión Eléctrica S.A. (ISA), unveiled new details on the group’s ambitious roadmap to diversify into renewable and storage solutions, positioning its affiliate Transelca at the center of this effort.

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  • Taxing towards transition

    Colombia is betting on fiscal policy as a lever to accelerate its energy transition, combining tax incentives, financing programs, and regulatory support to expand clean energy adoption across the country.

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  • New reliability charge auction

    Colombia’s Energy and Gas Regulatory Commission (CREG) confirmed that a new Cargo por Confiabilidad auction will begin “in the coming days,” covering the 2029–2030 period. The mechanism, in place for decades, is designed to guarantee reliable long-term energy supply for the country.

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  • Ecopetrol–AES deal

    Colombia’s Superintendent of Industry and Commerce (SIC) approved a business agreement between Ecopetrol (NYSE: EC) and AES Colombia to develop a portfolio of wind generation projects in La Guajira.

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  • Scandal hits minister Palma

    Edwin Palma, Colombia’s Minister of Mines and Mines (MinEnergia) and former special agent in charge of intervening Air-e, is facing mounting scrutiny after revelations of nepotism, alleged manipulation of financial figures, and questionable use of public funds during his tenure.

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  • Termobarranquilla invests in energy transition

    Termobarranquilla, one of Colombia’s leading power operators, invested US$258M in renewable energy and efficiency projects while warning that the sector’s financial health is threatened by Air-e’s unpaid debts.

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  • Colombia opens offshore wind

    The Colombian government cleared the way for offshore wind energy to enter the national electricity grid, marking a milestone in the country’s clean energy transition.

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    • Energy
    • Aug 24, 2025 11:31 AM

    Reliability charge debate

    The Colombian Ministry of Mines and Energy (MinEnergia) is seeking an agreement with industry groups to reform the “Cargo por Confiabilidad,” a reliability charge that has collected around CoP$92T since 2006 and represents more than 10% of household electricity bills.

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  • Political uncertainty weighs on business

    Colombian businesses are increasingly uneasy about the economic outlook, citing political uncertainty, insecurity, and higher labor costs as the main risks for the remainder of 2025, according to the latest Joint Industrial Opinion Survey (EOIC) by the National Business Association of Colombia (ANDI).

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  • GEB trains first female linemen

    In a historic milestone for Colombia’s energy sector, 29 women have graduated as the country’s first female line technicians through Linieras Enlaza, a program led by Grupo Energía Bogotá (GEB) and its subsidiary Enlaza, with support from several strategic partners.

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  • Colombia faces energy squeeze

    Colombia’s energy security is under mounting pressure as delays in power generation and transmission projects raise the risk of shortages starting next year.

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  • Reficar goes solar

    The Cartagena Refinery has successfully completed the first phase of its solar farm, generating 4.4 gigawatt hours of clean energy, enough to power 2,200 Colombian households for an entire year.

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  • Colombia opens energy fund

    The Colombian government has launched a public call to finance mining and energy projects worth nearly CoP$1.0T, aiming to strengthen regional development and advance the country’s energy transition.

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  • Hidroituango lawsuit escalates

    Empresas Públicas de Medellín (EPM) confirmed that Hidroeléctrica Ituango S.A. E.S.P. (HI) expanded its ongoing arbitration claim over the Boomt contract of the Hidroituango project, tripling its financial demands against the utility.

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  • Blackout risk looms

    Colombia may face an energy crisis reminiscent of the blackouts of the early 1990s, according to Jorge Valencia, former director of the Energy and Gas Regulation Commission (CREG) and current head of Asproen.

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  • Renewable delays stall Hitachi

    Delays in Colombia’s renewable energy projects, particularly wind farms in La Guajira, are directly affecting the plans of global technology provider Hitachi Energy.

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  • ISA bets on solutions

    Grupo ISA unveiled new steps to accelerate its role in Colombia’s energy transition, with its subsidiary Transelca set to become the company’s vehicle for energy solutions in the country.

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  • The robustness – and lack of robustness – of distributed solar

    Luckily Hurricane Erin did not make landfall in the Caribbean. Tropical storm force winds did not even brush Puerto Rico. But earlier in the week, experts concerned about what might happen, thought the American protectorate might escape unharmed from a power perspective thanks to the island’s distributed solar matrix.

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  • Energy generation declines

    Colombia’s energy generation fell by 4.29% in July compared to the same month in 2024, according to XM, operator of the National Interconnected System and administrator of the Wholesale Energy Market.

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  • Celsia launches innovator

    Celsia, the energy subsidiary of Grupo Argos, closed the second quarter of 2025 with signs of stabilization after two challenging years marked by the El Niño weather phenomenon.

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  • Utilities chief resigns

    Libardo Yanod Márquez Aldana has resigned as Colombia’s Superintendent of Public Utilities (SuperServicios), just 10 months after being appointed by President Gustavo Petro.

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  • AI powers reliability

    As Latin America’s energy systems grow more complex, shaped by climate change, shifting regulations, and a transition toward renewables, artificial intelligence (AI) is emerging as a strategic tool to ensure reliability and anticipate failures.

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  • GEB 2Q25 results

    Grupo Energía Bogotá S.A. E.S.P. (GEB) reported solid operational and financial results for the second quarter of 2025, with increases in both revenue and EBITDA, although net profit contracted slightly due to extraordinary provisions.

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  • From miners to solar farmers

    The Colombian Ministry of Mines and Energy (MinEnergia) officially joined the “Pacto Boyacá: Raíz y Futuro,” reinforcing the government’s pledge that a Just Energy Transition is not just political rhetoric but a tangible plan that reaches historically overlooked communities.

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  • Energy tower attacked in Maceo

    A new attack on Antioquia’s electrical infrastructure was reported on Wednesday in the municipality of Maceo, located in the Magdalena Medio region. The incident did not disrupt the electricity supply, and no injuries were reported.

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  • Global electricity demand

    The world is undergoing an unprecedented transformation as electricity becomes the central pillar of the global energy system. According to the International Energy Agency (IEA), electricity demand is growing more than twice as fast as total energy consumption.

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  • Energy delays mount

    Colombia could unleash as much as 18 GW of non-conventional renewable energy, enough to cover the country’s power needs for over a decade, if environmental licensing processes and early-stage planning are streamlined, according to former UPME Director Adrián Correa.

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  • Air-e still without energy contracts for 2026

    The crisis at Air-e shows no signs of abating. Despite government assurances of an ongoing strategy to secure power supply for its 1.3 million customers in Atlántico, Magdalena, and La Guajira, the company has yet to finalize contracts with generators for 2026.

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  • Risks in energy

    At the Colombian Business Congress hosted by ANDI, the association’s President, Bruce Mac Master, issued a stark warning over the country’s energy outlook, persistent labor informality, and rising debt financing costs driven by waning investor confidence.

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  • Verano Energy targets Colombia

    Chilean renewable energy developer Verano Energy is setting its sights on Colombia, aiming to bring its Latin American solar expertise to the country’s Caribbean region.

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  • Companies drive energy transition

    During energy sector transformation and economic recovery, several Colombian companies are taking the lead in making the country’s energy transition a reality.

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  • Celsia goes global

    Celsia President Ricardo Sierra announced the creation of a new international-focused company dedicated to energy efficiency solutions, with its official brand launch expected in September this year.

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  • Minister backs nomination

    Colombia’s Ministry of Mines and Energy (MinEnergia) announced that it has proposed to energy sector unions the nomination of a woman to serve as commissioner at the Energy and Gas Regulatory Commission (CREG).

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  • Boyacá blockades associated with AES’s Chivor finally lifted

    Colombia’s Ministries of Labor, Mines, and Interior, along with the National Unit for Disaster Risk Management, the Boyacá Governor’s Office, and local authorities, reached agreements that led to the lifting of protests in Santa María and surrounding municipalities.

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  • Celsia 2Q25 results

    Celsia released its second-quarter and first-half 2025 financial results, reflecting a combination of lower revenues but stronger profitability.

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  • Bill on electricity tariff reform

    The Ministry of Mines and Energy (MinEnergia) postponed the presentation of a bill aimed at reducing electricity tariffs, which seeks to promote “greater equity and fairness” in energy service costs. The initiative intends to lower electricity bills and remove additional charges for consumers.

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  • Verano Energy announced new solar plant

    Chilean renewable energy firm Verano Energy has announced plans to open its first solar plant in Colombia during the first half of 2026, marking the start of a six-year expansion to build seven solar facilities nationwide.

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  • Balcony solar

    We have frequently complained that the Petro government’s near obsession with distributed solar is a marvelous solution to those currently off the grid or rural dwellers in single-family homes. But the idea is not workable for most Colombian families that live in multi-dwelling units (MDUs). Technology marches on, however, and there may be an answer to our criticism.

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  • Efficiency without savings

    Colombian businesses are consuming fewer public utilities, yet their bills continue to rise. This is the key finding from the latest analysis by scaleup Energy Master, which reviewed 30,634 corporate invoices for electricity, water, and gas across eight departments.

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  • Energy transition and coal

    Colombia’s mining sector is facing major challenges, prompting the National Association of Power Generators (Andeg) to stress the role of formal mining, at all scales, as a driver of the country’s energy security, employment, and regional economic growth.

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  • Solar panels gain momentum

    Rising energy costs, environmental awareness, and tax incentives are driving a solar revolution across Colombia’s Caribbean region. What was once an inaccessible investment more than a decade ago has now become a practical and increasingly popular alternative for households, shops, and industries.

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  • Power funds blocked

    With the aim of securing CoP$158B in funding to normalize electricity service in underserved neighborhoods, the special agent of Air-e Intervenida submitted a proposal to Colombia’s Ministry of Mines and Energy (MinEnergia) to prevent the reassignment of resources from the Electric Grid Normalization Program (Prone).

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  • Air-e debt crisis

    The administration of President Gustavo Petro is working to enable direct energy contracting as part of efforts to improve electricity service in the three departments served by Air-e, Colombia’s state-intervened utility.

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  • Differential energy model

    The department of Cesar could soon see the implementation of a differential operation model for electricity service, according to Ricardo José Arango Restrepo, general manager of Afinia.

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  • Colombia’s H2 edge

    Colombia could become a global leader in green hydrogen production thanks to its clean energy mix, strategic location, and abundant renewable resources, according to Ramiro López-Ghio, the Inter-American Development Bank’s (IDB) representative in Colombia.

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  • Grupo Argos leads sustainability rankings

    In a global landscape where environmental, social, and governance (ESG) standards are increasingly important to investors, regulators, and consumers, Colombia has made notable strides in sustainable business practices.

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  • ISA 2Q25 results

    Interconexión Eléctrica S.A. (ISA), a subsidiary of Ecopetrol Group, reported less-than-stellar financial results for the second quarter of 2025.

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  • Scrutiny over energy subsidy payments

    Colombia’s Inspector General’s Office and the Comptroller General’s Office launched a joint investigation into the Ministry of Mines and Energy (MinEnergia) over concerns regarding delayed payments of energy and gas subsidies, as well as unresolved debt linked to the country’s “tariff option” scheme.

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  • Colombia’s energy shift

    Over the past year, the Petro administration has pushed forward an ambitious energy transition agenda centered on sustainability, decentralization, and equitable access.

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  • Low-emission hydrogen

    In a strategic move to position Colombia as a regional leader in clean energy, the Ministry of Mines and Energy (MinEnergia) hosted a high-level meeting with Minister Edwin Palma Egea, representatives of the hydrogen industry, and delegates from the European Union.

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  • EV market in July

    The National Association for Sustainable Mobility (Andemos) published its monthly report on the behavior of the hybrid and electric vehicle market in July, 2025. Here are the details.

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  • New MinAmbiente

    The Colombian government has announced the resignation of Lena Yanina Estrada from her post as Minister of Environment and Sustainable Development (MinAmbiente).

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  • Electricians and energy transition

    The Colombian government, through the Ministry of Mines and Energy (MinEnergia), Announced a bold initiative to train at least 250,000 electricians as part of its Just Energy Transition plan, focusing on the rollout of solar energy projects in remote and underserved regions of the country.

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  • Rethinking reliability charges

    In a heated session of the Fifth Commission of the Colombian Senate, Minister of Mines and Energy (MinEnergia), Edwin Palma, unveiled six major proposals to reform the Reliability Charge—a core mechanism of the Colombian electricity market that has long sparked controversy for the charges that appear on users’ bills.

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  • Urgent action to boost sector

    Alexandra Hernández, President of SER Colombia, is clear: while progress has been made, time is running out. With energy demand growing at twice the rate of generation capacity, the risk of a shortfall by 2027 is real.

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  • Atlántico bets on Renewables

    The department of Atlántico in Colombia is preparing to host three major renewable energy projects that could add up to 1,500 megawatts to the National Interconnected System (SIN) within the next five years.

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  • Full audit of XM

    The Colombian government announced a comprehensive audit into XM, the operator of the National Interconnected System (SIN) and administrator of the Wholesale Energy Market, following a request by Minister of Mines and Energy (MinEnergia), Edwin Palma.

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  • One year more

    Many of you will see this article in our Thursday, August 7th, 2025 newsletter. Those based in Colombia may not until Friday because the August 7th is a holiday commemorating the Battle of Boyacá, a decisive blow in the war of liberation from the Spanish. It is also the day that, every four years, Colombia inaugurates a new president.

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