Minister 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.
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The 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.
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To 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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As El Niño tightens its grip, Colombia's reservoir levels plunge to a historic low. In response.
Read moreThe Ministry of Mines and Energy (MinEnergia), led by Andrés Camacho, provided reassurance regarding concerns over a potential increase in energy tariffs, stating that there will be no hike in rates.
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Amidst the backdrop of dwindling water reserves and hydro contributions, Alejandro Castañeda, President of Andeg, sheds light on the surge in prices attributed to the escalating offers from hydroelectric generation agents.
Read moreColombia's reservoir situation is critical. As the rains continue to delay and the country remains on alert due to the situation, many people are left wondering what will happen to service provision and bills.
Read moreIn Colombia's energy sector, control over production and commercialization is divided among three main groups.
Read moreThe Ministry of Mines and Energy (MinEnergia), led by Minister Andrés Camacho, issued Resolution 40115.
Read moreThe Caribbean region is urging the national government to urgently address XM's warning, the operator of Colombia's Interconnected Energy System, regarding the risk to Colombia's energy stability.
Read moreWith Bogotá's urban development, burgeoning industries, and infrastructural projects like the first metro line and Regiotram de Occidente in the pipeline, the demand for electricity is set to skyrocket soon.
Read moreThe Institute of Planning and Promotion of Energy Solutions (IPSE), under the leadership of the Ministry of Mines and Energy (MinEnergia), delivered a hybrid project to the community of Miraflores in Guaviare, Colombia.
Read moreFollowing warnings from the operator of the National Interconnected System, XM, regarding the low levels of reservoirs in Colombia due to the El Niño phenomenon, the Mining-Energy Planning Unit (UPME) proposed several options to address the risk of water scarcity.
Read moreImpacts of the El Niño phenomenon are taking a toll on the country's electrical energy system, sparking alerts and concerns over dwindling availability of hydroelectric plants associated with reservoir levels or other restrictions that could lead to risky situations in meeting demand during certain hours of the day.
Read moreFollowing the disclosure of XM's letter, expressing concern to the government about the decreased availability of hydroelectric plants because of low reservoir levels or other restrictions, and the increased demand that could lead to service disruption, Andrés Camacho, Minister of Mines and Energy (MinEnergia), provided explanations on the current situation, without referencing the communication.
Read moreAmidst the environmental and social challenges facing the planet, sustainability has become a top priority on the global agenda.
Read moreApril rains are set to give a boost to the recovery of low reservoir levels, a crucial development amid ongoing concerns over energy supply in Colombia.
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The transition to train transport seems “on rails” this year in Colombia if you will excuse the expression, with government policy statements, new projects and new equipment. And we will not even get into President Gustavo Petro’s obsession with an underground subway in Bogota!
Read moreXM, the operator of the National Interconnected System (SIN), and administrator of the Wholesale Energy Market (MEM) presented the main findings of the latest monitoring of energy variables and the national energy landscape.
Read moreThe Director of the National Planning Department (DNP), Alexander López, talked about the high energy tariffs and subpar service in the Colombian Caribbean.
Read moreThe Colombian Energy Chamber voiced its stance on the reform of public utility services, aiming for greater control from the Executive branch.
Read moreAmid the ongoing crisis in Colombia's Caribbean region due to soaring energy tariffs, user organizations and civil society groups, convened under the Atlantic Committee, have put forth a series of proposals to address this issue and improve citizens' quality of life.
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XM, operator of the National Interconnected System (SIN) and administrator of the Wholesale Energy Market (MEM), reported consumption results for February 2024.
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XM, operator of the energy market, reported the water reservoirs during February this year.
Read moreGovernor Eduardo Verano of Atlántico discussed alternatives for addressing the high billing costs prevalent in the Caribbean region, which adversely affect household economies and the competitiveness of this area of the country.
Read moreThe energy transition in Colombia prompted adjustments in production, distribution, and consumption models to mitigate environmental pollutants. Mobility, a crucial sector, is no exception.
Read moreThe Ministry of Mines and Energy (MinEnergia) officially declared the start of operations for the Portón del Sol solar plant, situated in La Dorada, Caldas, in the Middle Magdalena region.
Read moreIn a recent announcement, Colombia's Vice Minister of Energy, Javier Campillo, issued a stern warning that La Guajira could miss out on becoming the epicenter of crucial energy and interconnection projects.
Read moreThe Colombian government, under the leadership of President Gustavo Petro, is gearing up for a series of new energy auctions to address the country's growing demand for power.
Read moreYulieth Porras, the president of Codisgen, issued a plea to all stakeholders in the energy sector to ensure the liquidity conditions of these power distributors.
Read moreIn response to the challenges posed by the El Niño phenomenon, the Regulatory Commission for Energy and Gas (CREG) in Colombia has taken proactive steps by facilitating 58 energy contracts.
Read moreIn a recent interview, Minister of Mines and Energy (MinEnergia) Andrés Camacho addressed key issues ranging from the impact of El Niño to energy tariffs and proposed reforms to public services.
Read moreEnergy experts voiced concerns during the forum titled 'How to Ensure Energy Security in the Country?' organized by El Tiempo and Acolgen.
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Colombia finds itself at the brink of an energy crisis as reservoir levels plummet to a critical low, prompting experts to advocate for immediate conservation measures and a robust overhaul of the energy system.
Read moreThe Ministry of Environment and Sustainable Development (MinAmbiente) is set to make significant changes to the issuance of environmental licenses for renewable energy exploration and utilization projects, along with altering the environmental impact assessment requirements.
Read moreThe energy bill comprises various components that collectively contribute to the total amount. Unraveling the intricacies of these components is crucial for consumers to comprehend how their payments are allocated throughout the energy production and distribution chain.
Read moreIn the wake of last week's rains in certain regions of Colombia, hopes arose that they might alleviate concerns about water reservoir levels.
Read moreThe Ministry of Mines and Energy (MinEnergia) is set to spearhead the country's first-ever summit dedicated to addressing energy tariff issues in the Atlantic region.
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XM, operator of the National Interconnected System (SIN) and administrator of the Wholesale Energy Market (MEM), reported consumption results for January 2024.
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In 2023, Colombia experienced significant shifts in its energy landscape, marked by notable achievements and trends in the power sector.
Read moreXM revealed the outcomes of the energy auction for the 2027-2028 period.
Read moreThe Colombian Association of Renewable Energies notes a surge in renewable energy projects, estimating a minimum of 80 initiatives contributing 3,330 megawatts (MW) in 2023 and an additional 2,050 MW in 2024.
Read moreColombia's energy sector faces a looming crisis as the recent primary energy auction, facilitated by the Reliability Charge, falls short of meeting the projected demand for the period 2027-2028.
Read moreThe El Niño phenomenon has triggered a drought, causing discomfort, dehydration, and disrupting the energy generation chain. However, rain finally arrived for a couple of days, bringing some hope.
Read moreColombia's reliability charge auction for securing energy in 2027-2028 is encountering challenges, with insiders expressing concerns over its potential for success.
Read moreIn recent months, a series of advertisements from the Red de Veedurías de Colombia have gained popularity in the country. However, this generated a controversy with energy generators.
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The Institute of Hydrology, Meteorology, and Environmental Studies (IDEAM) issued a stark warning about the alarming state of at least six reservoirs in the country.
Read moreIn response to the challenges posed by the El Niño phenomenon, the Energy and Gas Regulation Commission (CREG) has introduced Resolution 101 034, outlining parameters for temporarily delivering surplus energy to Colombia's National Interconnected System (SIN).
Read moreThe challenges posed by the pandemic and the Ukraine invasion in 2023 took a toll on the exports of Community Andean Nations —Bolivia, Colombia, Ecuador, and Peru. Gonzalo Gutiérrez, the Secretary General of the Andean Community (CAN), sheds light on measures to revive commercial exchange and provides insights into critical initiatives such as the electrical interconnection plan.
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At 4am this morning in Bogota, it was raining steadily. The guard at the front door said it had been doing that since about 3am. That would make four days in a row with rain. Almost time to start complaining about the lack of sunshine.
Read moreThe Administrative Court of Cundinamarca mandated the Presidency to appoint the six expert commissioners of the Energy and Gas Regulation Commission (CREG) on a permanent basis.
Read moreThe Ministry of Mines and Energy (MinEnergia) announced its institutional action plan for 2024, marking a crucial roadmap for the country's energy and mining sector.
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XM, operator of the National Interconnected System (SIN) and administrator of the Wholesale Energy Market (MEM), reported consumption results for 2023.
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During the El Niño phenomenon, concerns about energy costs are taking center stage, with rising temperatures often impacting prices.
Read moreXM, the operator of Colombia's National Interconnected System (SIN) and administrator of the Wholesale Energy Market (MEM), continues to closely monitor system variables to identify risks and ensure the secure and reliable supply of energy.
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The El Niño phenomenon is already making its presence felt, with a nearly 10% reduction in water reservoir levels within just 23 days.
Read moreDespite Colombia's robust and regulated electrical system that has historically averted crises, the specter of a potential blackout in 2025 haunts the country.
Read moreThe energy sector finds itself in a precarious moment, as various factors converge, posing a threat to its stability. Rodrigo Villamizar, former Minister of Mines and Energy and director of the think tank Electra Cdp asserted that, in this landscape, soaring energy bills are merely a symptom of a more significant problem.
Read moreThe Colombian government, through the Commission of Regulation of Energy and Gas (CREG), was considering postponing the deadline for the energy reliability charge auction for the third time, but the entity changed its mind.
Read moreThe Colombian Minister of Environment (MinAmbiente), Susana Muhamad, stated that there is no risk of energy shortages during the passage of the El Niño phenomenon. However, the sector is preparing to respond if necessary.
Read moreIn a recent X (formerly known as Twitter), President Gustavo Petro attempted to showcase Colombia's progress in the global energy transition. However, a closer look at the facts reveals a less triumphant narrative.
Read moreAs Colombia braces itself for the impact of El Niño, characterized by decreased rainfall, particularly in the western and central regions, the nation faces a delicate situation with its water reservoirs.
Read moreAs newly elected mayors assume their roles, a wave of changes is set to ripple through public energy companies across various regions.
Read moreIn a groundbreaking move, Colombia has granted approval for the exploration of geothermal energy, marking a significant departure from its normally conservative approach to new energy technologies.
Read moreMinister of Mines and Energy (MinEnergia), Omar Andrés Camacho, is determined to tackle rising electricity tariffs by intervening in market prices.
Read moreIn a significant stride toward democratizing access to electricity in vulnerable communities, Colombia's Ministry of Mines and Energy, under the banner of the "Government of Change," inaugurated multiple rural electrical interconnection projects.
Read moreEduardo Vallejo, a 53-year-old cattle rancher, watched skeptically as the Wildlife Conservation Society (WCS) technicians installed a biodigester on his farm. He had been in discussions for weeks about a technology that would help convert his cattle's waste into energy, specifically biogas.
Read moreEcopetrol (NYSE: EC), in conjunction with the Ministries of Science, Technology, and Innovation, as well as Mines and Energy, announced an open tender through March 21, 2024.
Read moreThe pioneering energy community situated in Medellín's El Salvador neighborhood, where 24 neighbors collectively sell electricity to the national interconnected system, left several lessons for coming initiatives.
Read moreThe Commission for Energy and Gas Regulation (CREG) initiated a five-day consultation on a resolution aimed at intervening in the wholesale energy market to "prevent the abuse of the dominant position by generators."
Read moreIn a significant move aimed at tackling the humanitarian, economic, social, and environmental crisis plaguing the La Guajira region, the Ministry of Mines and Energy (MinEnergia) announced a bill in the House of Representatives.
Read moreOver the holiday period, we continued to monitor the Colombian press for articles on renewable power generation and sustainability more broadly. Some will appear as standalone articles in the coming days, but we also found the following items interesting and relevant.
Read moreThe Ministry of Mines and Energy (MinMinas) defined the goals for the country's energy communities through Decree 2236 of 2023, as outlined in Article 235 of Law 2294 of 2023, established in the 2022-2026 Development Plan.
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XM, the operator of the National Interconnected System (SIN), announced the average water level in reservoirs behind power dams in Colombia.
Read moreXM, the market operator, disclosed the results of the managed allocation of reliability charge for the periods 2025-2026 and 2026-2027.
Read moreFor eight consecutive months, the cost of living in Colombia has been on a downward trend.
Read moreAmidst the national government's pivotal focus on the energy transition, the Inspector General's Office raised concerns about the environmental sector's lack of commitment in energy.
Read moreThe Superintendence of Public Utility Services (Superservicios) has upheld a fine of CoP$5.0B imposed on ISA.
Read moreThe transition towards renewable energy sources, a significant objective of Gustavo Petro's government, has encountered a substantial bottleneck – the opposition and obstacles posed by local communities.
Read moreThe Mining and Energy Planning Unit (UPME) recently announced the award of the construction of the Alcaraván substation and associated transmission lines. This initiative aims to significantly improve the energy service in Casanare.
Read moreColombia has shown interest in promoting the development of unconventional renewable electricity generation systems as a reliable and sustainable alternative that helps diversify its energy mix.
Read moreColombian President Gustavo Petro emphasized the necessity of utilizing public funds to address the ongoing climate crisis during his address at COP28 in Dubai.
Read moreAmidst financial constraints faced by energy distribution companies, the sector has urged solutions for the over CoP$5.0T unpaid related to tariff options.
Read moreThe Ministry of Mines and Energy (MinEnergia) proposed a draft addition to the Unified Regulatory Decree for the Administrative Sector of Mines and Energy 1073 of 2015 concerning the regulation of Law 2045 of 2020 on prioritizing investments in projects for the provision of public utility services within the social investment plans and programs of contracts for exploration and exploitation of non-renewable natural resources.
Read moreAmidst the ongoing El Niño phenomenon, Andesco urged heightened efforts in conserving electricity consumption.
Read moreThe Colombian government's initiative to establish Energy Communities has garnered substantial attention around the country.
Read moreAt the 28th edition of the Conference of the Parties (COP), over 20 countries spanning four continents unveiled the declaration for tripling nuclear energy.
Read moreRafael Mariano Grossi, the Director General of the International Atomic Energy Agency (IAEA) since 2019, recently reelected for a second term starting December this year, emphasizes the significance of nuclear technologies in addressing the needs of developing countries, particularly the transition toward clean energy.
Read moreGovernment officials recently engaged in discussions with leaders from the energy sector to address concerns related to the ongoing El Niño phenomenon and chart a course for the transition within the sector.
Read moreColombia is contemplating the establishment of a state-owned mining enterprise, Ecominerales, to bolster its energy transition strategy through the exploration and exploitation of pivotal minerals.
Read moreThe Council of State has officially accepted a lawsuit filed by the National Union of Merchants (Undeco) seeking fair energy rates in the Caribbean region.
Read moreCEO Ricardo Roa recently delineated new strategic guidelines within Ecopetrol's (NYSE: EC) long-term plan.
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