Pricing, Regulation & Policy Feb 25, 2026 7:59 PM
Colombia's atypical early 2026 rainfall elevated reservoir levels above 74%, substantially higher than the typical 40% for this traditionally dry period, prompting President Gustavo Petro's administration to request energy price reductions from generators and compliance with new Comisión de Regulación de Energía y Gas (Creg) regulations modifying reliability charge calculations. However, industry associations maintain price reductions reflect normal market dynamics rather than government intervention.
