In June, energy prices in Colombia saw notable fluctuations, as reported by the energy market operator, XM.
Read moreIn a significant political shake-up within Colombia's Ministry of Mines and Energy (MinEnergia), Vice Minister of Energy Javier Campillo is expected to resign, according to a source close to President Gustavo Petro's administration.
Read moreThe relationship between the mayors of municipalities in Atlántico and the energy company Air-e has become increasingly strained due to daily power suspension measures implemented because of low payment collection rates. However, an agreement was reached in recent days.
Read moreXM, operator of the National Interconnected System (SIN) and administrator of the Wholesale Energy Market (MEM), reported consumption results for June 2024.
Read moreThe Mining-Energy Planning Unit (UPME) unveiled an ambitious package of seven urgent energy transmission projects aimed at bolstering both the National Transmission System (SIN) and the Regional Transmission System.
Read moreThe Colombian Ministry of Environment (MinAmbiente) formalized Decree 852 of 2024, establishing new rules for processing environmental licenses for energy sector projects.
Read moreColombia boasts a diverse array of hydroelectric plants, each playing a vital role in the nation's energy landscape. From the massive Hidroituango to smaller yet significant facilities, these plants harness the power of the country's rivers to generate substantial amounts of electricity.
Read moreCommitted to delivering secure and reliable energy for Colombia, AES Colombia has successfully resumed operations at the Chivor Hydroelectric Plant after over a month of intensive intervention, maintenance, and equipment replacement.
Read moreColombia's heavy reliance on hydroelectric power generation poses a medium-term risk as climate events like El Niño become more intense.
Read moreThe Ministry of Mines and Energy (MinEnergia) reiterated its commitment to supporting mayors and governors across the country in formulating projects aimed at reducing electricity tariffs, increasing energy access, and fostering regional development.
Read moreA recent study conducted by researchers in energy economics for Colombia's central bank has analyzed the effects of the El Niño climate phenomenon on retail electricity prices. Given Colombia's heavy reliance on hydroelectric power, these findings are particularly significant.
Read moreThe government announced the nomination of a new expert for the Energy and Gas Regulatory Commission (CREG).
Read moreThe Petro administration's policy of no new hydrocarbon exploration contracts has ignited debates about the future of Colombia's energy sovereignty.
Read moreXM, operator of the energy market, reported the water levels during June this year.
Read moreISA announced its recent success in securing a new project in Colombia aimed at enhancing the connection of renewable energy projects to the national grid.
Read moreThe energy sector in Colombia has raised significant concerns regarding the potential intervention by President Gustavo Petro's administration in XM, an entity vital for the country's energy infrastructure. This move, if realized, could jeopardize XM's independence and operational efficacy.
Read moreIn recent weeks, Colombia's Energy and Gas Regulation Commission (CREG) has been at the center of controversy.
Read moreCanutal, a village nestled in the Montes de María in Ovejas, Sucre, has transformed from a past marred by violence into Colombia's pioneering Comprehensive Energy Community.
Read moreMillions of people are living without the means to light their home at night or to refrigerate the food. These conditions lead to severe health consequences, causing up to 3.2 million premature deaths annually.
Read moreColombia is making significant strides in diversifying its energy matrix, particularly with the integration of non-conventional renewable energy projects.
Read moreDuring the inauguration of the solar park in Sabanalarga, Atlántico, Colombian President Gustavo Petro delivered sharp criticisms to regional leaders over high energy tariffs.
Read moreFollowing a recent ruling by Colombia’s State Council that invalidated Omar Fredy Prías's appointment as an expert commissioner and executive director of the Energy and Gas Regulatory Commission (CREG), Prías announced he is conducting a thorough legal review of the decision's implications.
Read moreThe Ministry of Mines and Energy (MinEnergia) recently introduced Resolution 40225, aimed at lowering energy tariffs. However, the proposed measures might not achieve the desired impact due to regulatory and implementation challenges.
Read moreAs Colombia anticipates the unveiling of the public utilities’ reform document on July 20, Camilo Marulanda, General Manager of Isagen, shared his perspectives on the proposed changes, expressing both support and reservations.
Read moreDespite ongoing meetings and announcements, the high electricity tariffs in the Caribbean region of Colombia remain a significant issue. The crisis may worsen due to a budget shortfall, potentially halting subsidies for lower-income households by August.
Read moreDuring the twenty-sixth Andesco Congress in Cartagena, Acueducto y Alcantarillado de Bogotá (EAAB), Enel Colombia, and Vanti reaffirmed their commitment to the Alliance for Public Service Integrity until 2027.
Read moreThe Petro government is doing its best to promote rail and other forms of public transport but this year so far, the story is not great: rail cargo is down 11% year-over-year. The issue is coal (over 99% of all rail-carried cargo) which is down the same 11%. This and other stories about rail and mass transport from our review of the second quarter.
Read moreColombia focuses on its energy transition, with the dual goals of promoting clean energy sources and reducing its environmental footprint. One of the important projects contributing to these objectives is the Colectora project, managed by Grupo Energía Bogotá (GEB).
Read moreXM has been honored at the inaugural Saving The Amazon Awards, winning in the Innovation and Technology category for its EcoClic initiative.
Read moreThe Ministry of Mines and Energy (MinEnergia) announced new measures aimed at reducing energy tariffs through a collaboration between the Government and energy sector companies.
Read moreThe recent proposal by Colombia's Energy and Gas Regulatory Commission (CREG) to establish a maximum price cap in the energy market has sparked considerable debate and concern among industry stakeholders.
Read moreColombia secured the fifth position in Latin America for its advancements in energy transition, following Brazil, Chile, Costa Rica, and Uruguay, according to the latest Energy Transition Index (ETI) released by the World Economic Forum (WEF).
Read moreThe Mining-Energy Planning Unit (UPME) announced the approval of new projects aimed at expanding the availability of electricity service across Colombia.
Read moreCelsia is making significant strides in expanding its renewable energy and energy efficiency operations in Central America, particularly in the B2B segment.
Read moreMedellín is on the brink of a transformative endeavor that could redefine its approach to waste management while bolstering its energy independence and fiscal health.
Read moreIn a recent report, councilman Juan David Quintero of Nuevo Liberalismo warned that Bogotá may face severe energy rationing by 2025 to prevent blackouts.
Read moreJuan Ricardo Ortega, President of Grupo Energía Bogotá (GEB), announced that the company is moving forward with an appeal to the National Authority for Environmental Licenses (ANLA) following the denial of critical aspects needed for the environmental license of the Colectora project.
Read moreAt the beginning of the year, the outlook for Colombia's reservoirs was bleak, prompting Bogotá Mayor Carlos Fernando Galán to implement water rationing measures. However, this has changed in recent days.
Read moreThe Vision Caribe 2052 Forum, held in Montería, brought together key players from the public and private sectors to discuss critical issues related to the energy future of the Caribbean and the rest of the country, taking the pulse of new perspectives towards regional autonomy.
Read moreThe Colombian energy market has been grappling with the need for a standardized mechanism for energy contract auctions, particularly for the regulated market serving households and small businesses. The aim is to achieve a fixed price, independent of the fluctuating daily prices of the energy exchange.
Read moreThe Colombian Minister of Mines and Energy (MinEnergia), Omar Andrés Camacho, announced that upcoming energy bills will reflect tariff reductions due to the elimination of the Tariff Option.
Read moreThe countries of the Andean Community (CAN)—Bolivia, Colombia, Ecuador, and Peru—have taken a significant step towards establishing a regional electric market.
Read morePresident Gustavo Petro emphasized the strong link between technology and the development of clean energy, asserting that the current technological advancements must be grounded in clean energy to ensure the planet's survival.
Read moreThe administration of President Gustavo Petro is gearing up to introduce a significant reform to public services in the upcoming legislative session, which begins on July 20.
Read moreThe Ministry of Science, Technology, and Innovation (MinCiencias), in collaboration with the National Hydrocarbons Agency (ANH), launched a new program to bolster the development of the country's energy sector.
Read moreColombia's journey toward energy recovery continues as its reservoir levels, once perilously low at 28.5%, steadily climb.
Read moreDue to the challenging situation Colombia faced with the El Niño phenomenon, the Ministry of Mines and Energy (MinEnergia), along with the Energy and Gas Regulatory Commission (CREG), issued two regulations that will raise energy tariffs.
Read moreAlejandro Castañeda, President of the National Association of Generating Companies (Andeg), issued a warning, about a significant energy shortfall anticipated for Colombia in 2025 and 2026.
Read moreThe El Niño phenomenon placed Colombia's energy and mining sector in a precarious situation regarding energy generation.
Read moreAn analysis by the National Association of Financial Institutions (Anif) revealed a significant impact of energy price hikes on Colombia's Consumer Price Index (CPI).
Read moreDirector of the Energy and Gas Regulatory Commission (CREG), Omar Prias, recently highlighted concrete measures being implemented to promote energy transition and encourage active user participation in the market.
Read moreThe Mining and Energy Planning Unit (UPME) issued a warning that Colombia could face an energy deficit by the end of 2028.
Read moreXM, the operator of the national energy market, talked about the influence of El Niño phenomenon on the energy prices during April this year.
Read moreThe Colombian government, through the Ministry of Mines and Energy (MinEnergia), recently participated in the 55th-anniversary celebration of the Andean Community (CAN) held in Lima, Peru.
Read moreRecent weather patterns, including increased rainfall and a weakening El Niño phenomenon, have positively impacted Colombia's energy reservoirs.
Read moreIn the town of Carraipía, La Guajira, approximately 2,300 residents have taken drastic measures in response to increased electricity tariffs imposed by Air-e, the company responsible for providing electric power.
Read moreCoal played a crucial role in preventing a blackout in Colombia, according to statements from Fenalcarbón and Andeg.
Read moreRecently, the Colombian government officially declared the end of the El Niño phenomenon, which had posed significant risks due to water shortages, including the potential for energy rationing. Despite this, the low water levels in reservoirs have already impacted the energy tariffs consumers are currently facing.
Read moreIn a joint effort between the government and the mayors of the Cesar department, a proposal has been put forward to create an "agro-energy district" within the so-called "Corridor of Life."
Read moreThe Colombian government, through the Ministry of Mines and Energy (MinEnergia), launched the first Educational Energy Communities as part of the National Strategy for Energy Communities.
Read moreThe Institute of Planning and Promotion of Energy Solutions (IPSE) and the Ministry of Mines and Energy (MinEnergia) launched a hybrid power generation plant in Casuarito, a district of Puerto Carreño in Vichada.
Read moreColombia's renewable energy landscape is witnessing a significant transformation, with solar power emerging as a key player.
Read moreTensions escalated during the recent meeting of the technical committee for tariff reduction in the Caribbean region due to diverging positions between the government of President Gustavo Petro and other stakeholders, hindering any agreement among the parties involved.
Read moreA tender aims to strengthen the development of the Colombian energy sector through the financing of R&D projects that contribute to the generation of new geoscientific and technological knowledge.
Read moreWith May came a rainy period that began to replenish the water levels in reservoirs; however, experts believe there is still a long way to go to return to normal levels.
Read moreBarranquilla Mayor Alejandro Char, President Gustavo Petro, and Interior Minister Luis Fernando Velasco held a meeting at the Naval Base in the capital of Atlántico, discussing various topics including renewable energy and healthcare for Barranquilleros.
Read moreBanco de Bogotá calculated the economic cost of one hour of electricity rationing.
Read moreAs the El Niño phenomenon gradually recedes, Colombia's electric generation companies navigated through critical moments amidst looming energy rationing concerns.
Read moreTime for an update on the green (and other hued low-emission) hydrogen opportunity in Colombia. We look at that changing rainbow from a global perspective, report on some short-term challenges in the country with hydrogen-based transportation and reflect on the government’s efforts to put green H2 production at the center of its industrial strategy.
Read moreDuring 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 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 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 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 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 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 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 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 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 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 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 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 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 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 moreMinister of Environment (MinAmbiente), Susana Muhamad, issued a warning on the energy and water crisis in the country.
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 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 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 moreTo mitigate the risk of energy rationing, the Ministry of Mines and Energy (MinEnergia) asked thermal power plants for help.
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.
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