The energy sector in Colombia is raising alarms about a looming financial and energy crisis, driven by concerns over the government’s handling of the electricity company Air-e.
Read moreJosé Camilo Manzur, president of the Colombian Association of Electric Energy Distributors (Asocodis), highlighted the precarious situation faced by Colombia’s public utility sector due to the lack of resources to cover energy subsidies.
Read moreThe Colombian Association of Electric Power Generators (Acolgen) stands out as an organization committed not only to economic development but also to gender equity in Colombia.
Read moreTime for our quarterly update of XM key indicators. Demand continues to rise – at least regulated i.e. household and small business demand – and the issues with hydro cause the matrix to shift in response.
Read moreThe Mining and Energy Planning Unit (UPME) announced a second package of five energy transmission projects aimed at enhancing the reliability of Colombia's energy supply in regions facing critical shortages, as identified by system operator XM.
Read moreIn response to concerns raised by Colombia's intersectoral energy committee (comprising Andesco, Alcogen, Andeg, Asocodis, Naturgas, and SER Colombia), the Ministry of Mines and Energy (MinEnergia) issued a detailed statement addressing the challenges facing the country’s energy sector.
Read moreIn a significant move toward enhancing energy management and production, Minister of Mines and Energy (MinEnergia) Andrés Camacho and Governor of Atlántico Eduardo Verano have signed an agreement to establish the Caribbean Energy Company.
Read moreThe Colombian Commodity Exchange (BMC) announced a new mechanism designed to stabilize energy supply contracts, ultimately reducing energy costs for consumers.
Read moreBogotá may soon face energy rationing, as confirmed by Mayor Carlos Fernando Galán.
Read moreAlejandro Castañeda, President of the National Association of Generating Companies (Andeg), recently spoke about the energy sector's response to the Colombian government's latest measures aimed at ensuring energy supply across the country, despite the emerging shortages of water and gas.
Read moreSandra Fonseca, Director of Asoenergía, issued a stark warning about Colombia’s energy crisis, highlighting the dire situation caused by a shortage of rain and reduced gas supplies.
Read moreThe energy sector in Colombia has faced significant challenges in recent months. The arrival of the El Niño weather phenomenon delivered a major setback to the industry, particularly affecting the country's hydroelectric power plants due to reduced water levels. Alongside this natural issue, the sector also grapples with growing uncertainty.
Read moreSandra Forero Ramírez, a councilwoman from the Centro Democrático party, has called on Colombia's Inspector General to launch a preliminary investigation into the Ministry of Environment (MinAmbiente) for delays in processing key energy transmission projects.
Read moreA recent report by S&P has highlighted that Colombia currently holds the highest energy prices in Latin America, despite regional differences in how countries have been affected by the El Niño climate phenomenon.
Read moreColombian energy operator XM reported that the water contributions to the country's hydroelectric reservoirs have dropped to their lowest levels in 40 years, raising concerns about the stability of the nation's energy system.
Read moreColombia is currently grappling with the most unfavorable rainfall conditions in the past 40 years, particularly in August and September.
Read moreThe government, through the Energy and Gas Regulation Commission (CREG) and the Ministry of Mines and Energy (MinEnergia), activated the ‘Mechanism for Sustaining Energy Reliability’ under Resolution CREG 026 of 2014.
Read moreColombia's energy sector is facing increasing risks, as highlighted by Ecopetrol's recent announcement to restrict gas supplies in response to thermal demand during the country’s ongoing drought.
Read moreFor over two years, warnings have circulated about a potential power rationing crisis in Colombia by 2025. A growing demand for electricity, coupled with delays in energy generation and transmission projects, has raised concerns that the country might face shortages.
Read moreColombia’s energy and natural gas companies are raising alarms over the government's failure to allocate sufficient funds for energy and gas subsidies.
Read moreIn a major milestone for sustainable energy in Colombia, two of the five projected solar farms in Barranquilla have been approved, marking the launch of the "Energy Communities in Barranquilla" initiative.
Read moreColombia's Minister of Mines and Energy (MinEnergia), Andrés Camacho, reassured the public that the country is not at risk of blackouts, despite the challenges posed by the ongoing El Niño weather phenomenon.
Read moreThe energy sector in Colombia has been raising alarms about the growing challenges the country faces in energy generation and transmission.
Read moreThe Ministry of Mines and Energy (MinEnergia) announced a restriction on energy exports to Ecuador as part of a broader strategy to address the country's ongoing drought crisis and preserve local power supplies.
Read moreThe energy crisis in Colombia's Caribbean coast is spiraling out of control.
Read moreCarlos Correa Flórez, Director of the Unit of Mining and Energy Planning (UPME), opened the "Colombia Toward a Sustainable Energy Future" forum by outlining the nation's advancements in energy transition.
Read moreThe Colombian government introduced a new financing initiative to improve housing with renewable energy solutions, specifically solar power.
Read moreThe financial health of electricity providers in Colombia has deteriorated significantly since the market of Electricaribe was divided between Afinia and Air-e four years ago.
Read moreThe Colombian government has issued Resolution No. 00947 of 2024, authorizing the partial payment of subsidies for reduced electricity tariffs in Non-Interconnected Zones (ZNI).
Read moreA couple of weeks ago, ACIEM, the Colombian engineers’ association, held its annual ENERCOL energy conference and National Hydrocarbons Agency (ANH), Orlando Velandia gave the closing remarks. He said a couple of things that seem to go against the grain of conventional wisdom.
Read moreThe Colombian government reaffirmed that the country is not facing any imminent energy shortage, despite decreasing water levels in reservoirs, which are crucial for energy generation.
Read moreThe Colombian Caribbean region is once again facing a significant energy crisis, reminiscent of the financial struggles that led to the liquidation of Electricaribe.
Read moreProject Law 134 of 2024 includes a significant provision aimed at transforming Ecopetrol (NYSE: EC), Colombia's state-owned oil company, into a major player in the country's energy transition.
Read moreThe Ministry of Mines and Energy (MinEnergia), together with the Non-Conventional Energy Fund and Efficient Energy Management (Fenoge), announced the start of a contracting process to implement energy communities across the country.
Read moreSince taking office, Colombian President Gustavo Petro has emphasized the need to revise the formula for calculating electricity tariffs to lower prices and provide relief to citizens.
Read moreIn compliance with a precautionary measure issued by the Administrative Court of Atlántico, the Energy and Gas Regulatory Commission (CREG) called for a public hearing to discuss electricity tariffs in the Caribbean region.
Read moreConcerns about potential power shortages in Colombia are rising as projections for 2025-2026 suggest the risk of energy rationing.
Read moreThe Energy and Gas Regulatory Commission (CREG) is preparing three energy reconfiguration auctions to address future energy shortages.
Read moreBogotá 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.
Read moreThe 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).
Read moreThe 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.
Read moreEnergy 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.
Read moreXM, 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.
Read moreColombia'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.
Read moreIn 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 more