Bogotá faces a looming water crisis as its reservoirs continue to decline, with the city moving further away from its goal of reaching 70% capacity by October.
Read moreColombia’s energy and gas sectors are facing a critical financial challenge, prompting several key industry associations to call for urgent government intervention.
Read moreIn response to ongoing financial challenges, Air-e and the government are engaged in discussions to find solutions and reach an agreement in the coming days.
Read moreColombia is solidifying its position as a country committed to sustainability, advancing toward its goal of achieving carbon neutrality by 2050.
Read moreColombia is making significant strides in its energy transformation, particularly with green hydrogen (H2).
Read moreAs global awareness grows about the urgent need to address climate change, biodiversity loss, and pollution, businesses are increasingly recognizing the critical role biodiversity plays in their long-term success.
Read moreIn a recent meeting at Casa de Nariño with Colombian President Gustavo Petro, the Latin American Energy Organization (OLADE) expressed its commitment to supporting Colombia’s energy transition and regional integration efforts.
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The Mining and Energy Planning Unit (UPME) released a new report forecasting that the country's electricity demand will experience an increase.
Read moreAntonio Jiménez, Director of the Energy and Gas Regulatory Commission (CREG) announced plans to issue a draft resolution that will allow for a reduction in electricity rates across the country.
Read moreElectrificadora de Santander (ESSA) is leading the charge towards a sustainable energy future in Colombia, developing solutions that promote and encourage the use of clean and renewable energy sources.
Read moreAfter six years of efforts, the contingency situation at the Hidroituango hydroelectric project is set to conclude within a month.
Read moreDuring the ongoing crisis caused by high energy tariffs in Colombia's Caribbean region, the government is committed to four key pillars aimed at energy transition and reforming the tariff formula.
Read moreColombia’s transition to cleaner energy sources is deeply intertwined with a necessary economic transition, as the country’s economy is highly dependent on hydrocarbons and mining.
Read moreThe rising cost of energy is putting increasing pressure on production budgets for businesses across Colombia.
Read moreEnel Colombia decided not to move forward with the construction of two new wind farms in La Guajira, marking another setback for renewable energy projects in the country.
Read moreColombia's energy sector is navigating a challenging landscape, marked by the government's proposed energy transition, which has raised concerns about the country’s medium- and long-term energy, gas, and oil supply.
Read moreAllegations of corruption emerged within Colombia’s Ministry of Mines and Energy (MinEnergia), now targeting the Institute of Planning and Promotion of Energy Solutions for Non-Interconnected Zones (IPSE).
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The Empresa de Acueducto y Alcantarillado de Bogotá (EAAB) issued a fresh warning regarding the water levels in reservoirs that supply Bogotá, citing a decrease in rainfall in recent days.
Read moreSandra Fonseca, President of Asoenergía, highlighted the crucial steps Colombia needs to take to generate employment and develop its energy industry.
Read moreDuring ongoing renegotiations between energy generators and commercial distributors, Isagen took a significant step by offering a "unilateral and voluntary" 10% discount on contracts with Air-e and Afinia, the companies responsible for providing electricity to the Caribbean region.
Read moreAt the recent forum held by the National Association of Generating Companies (Andeg), experts and industry leaders gathered to discuss the current state of Colombia's energy sector and the challenges it faces in the coming years.
Read moreMinister of Mines and Energy (MinEnergia), Andrés Camacho, emerged unscathed from a censure motion brought against him in Congress, with 106 votes against and only 18 in favor.
Read moreThe plan to implement smart energy meters across Colombia, which promised more accurate and detailed measurements for both companies and consumers, has encountered numerous challenges, resulting in slow progress. Despite the benefits of this technology, the country is far from meeting its ambitious goals.
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Energy prices in Colombia's spot market have soared in recent days, generating concerns.
Read moreColombian President Gustavo Petro issued a stark warning about the country's future.
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XM, operator of the energy market, reported the water levels during July this year.
Read moreThe Colombian Energy and Gas Regulatory Commission (CREG) announced the launch of new energy auctions aimed at reconfiguring the national energy system and addressing potential deficits in the coming years.
Read moreThe recent signing of an agreement between energy generation and distribution companies marks a significant step toward addressing the high energy costs faced by residents in Colombia's Caribbean region.
Read moreAndrés Camacho, Minister of Mines and Energy, participated in the economic reactivation forum.
Read moreAir-e announced a series of measures aimed at preventing a potential "social crisis" due to soaring energy prices.
Read moreThe government and the governors of the Caribbean departments have agreed to jointly establish a new company dedicated to generating unconventional renewable energy.
Read moreThe Ministry of Mines and Energy (MinEnergia), in partnership with the Territorial Development Bank (Findeter), launched a new financing line for the "Energy Municipalities and Territories" strategy.
Read moreThe upcoming 2024 Andeg Forum, organized by the National Association of Generating Companies (Andeg), will focus on ensuring reliable energy generation in Colombia.
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Colombia's national grid operator, XM, reported a significant increase in energy generation capacity during the first half of 2024, highlighting advancements in renewable energy projects across the country.
Read moreThe Minister of Environment and Sustainable Development (MinAmbiente), Susana Muhamad González, appointed Eduardo Verano de la Rosa, Governor of Atlántico, as Colombia's ambassador to the 16th Conference of the Parties (COP16).
Read moreThe Ministry of Mines and Energy (MinEnergia), led by Andrés Camacho, announced the implementation of renewable energy plans in 15 Municipalities.
Read moreThe winds onto the Caribbean coast of Colombia are among the strongest and most consistent in the world, averaging 10 meters per second. However, the strongest winds are found offshore in the Caribbean Sea.
Read moreThe government announced the completion of the country's first sustainable energy municipality in Cumaribo, Vichada, which aims to benefit 1,350 families.
Read moreThe National Development Finance organization (FDN) announced financing for a major energy project.
Read moreThe phrase “either eat or pay the electricity bill” has become a harsh reality for many families along Colombia's Caribbean coast, where high energy tariffs have led to accumulated debts exceeding CoP$2.0T.
Read moreColombia's energy transition is gaining momentum with the integration of unconventional renewable technologies such as solar, wind, and geothermal. These efforts aim to diversify energy sources without compromising the reliability of an already clean energy system.
Read moreIn the past five years, energy companies with the highest returns for shareholders have consistently created more value than their direct peers, even in the same macroeconomic context.
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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.
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XM, 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.
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Colombia'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.
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XM, 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.
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The 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.
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At 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.
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Colombia'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.
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Recent 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.
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Coal played a crucial role in preventing a blackout in Colombia, according to statements from Fenalcarbón and Andeg.
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