Recent revelations of proposed reforms to Colombia's public services laws (Law 142 and Law 143 of 1994) have triggered concerns about sustainability, investment, and potential distortions of the public services regime.
Read moreThe Director General of UPME, Adrián Correa, stated that Colombia is navigating through the third most critical month of the El Niño phenomenon with no impact on the electrical system.
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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 moreIn a significant announcement, Eduardo Verano, the Governor of Atlántico, revealed that the department is poised to become a major player in renewable energy initiatives. According to data from a survey conducted by the Association of Renewable Energies (SER), Atlántico is anticipated to be the second-highest recipient of investments in renewable energy projects between 2024 and 2025.
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 moreDuring the tenure of Iván Duque's government in Colombia in 2021, the Ministry of Mines and Energy (MinEnergia) spearheaded an auction for energy storage with batteries to enhance the reliability of the Colombian electrical system. However, after nearly three years, this initiative is on the brink of falling apart.
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 a recent interview, former Vice President Germán Vargas Lleras, voiced significant concerns regarding the current state of prior consultations, emphasizing that around 9,000 projects are currently stalled due to these lengthy procedures.
Read moreIn a bid to cushion the potential effects of the El Niño phenomenon on Colombian energy bills, the Energy and Gas Regulatory Commission (CREG) has approved Resolution CREG 101 036 for 2024.
Read moreAmid the El Niño phenomenon, Colombian President Gustavo Petro has taken a strong stance against the country's thermal power plants, which serve as a backup to the National Interconnected System (SIN) during periods of low water reservoirs.
Read moreIn a collaborative effort between the German Federal Ministry for Economic Affairs and Climate Action (BMWK), the German Cooperation for Development GIZ, and the Ministry of Mines and Energy (MinEnergia), the International Power-to-X Hub program concluded, shedding light on the latest developments in the green hydrogen sector in the country.
Read moreXM, the country’s energy market manager, unveiled a groundbreaking suite of environmental solutions aimed at advancing sustainable practices and contributing to the development of a circular economy.
Read moreMinister of Mines and Energy (MinEnergia), Omar Andrés Camacho, announced new financial measures implemented by the Government.
Read moreIn August of last year, Colombia faced a potential energy crisis as electricity distributors raised concerns about a severe liquidity shortage, posing a threat to service provision with the onset of the El Niño phenomenon.
Read moreMinistry of Mines and Energy (MinEnergia), through Resolution 40042 of 2024, introduced guidelines to ensure the continuity of renewable energy generation projects that have faced difficulties in becoming operational, often due to factors beyond the developer's control.
Read moreThe Barranquilla City Council approved a modification to the Tax Statute.
Read moreThe Ministry of Mines and Energy (MinEnergia) opted to appeal a recent ruling that mandated the appointment of permanent members to the Energy and Gas Regulation Commission (CREG).
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.
Read moreThe Caribe Eficiente pilot project, an initiative led by the Ministry of Mines and Energy of Colombia, the Unconventional Energy and Efficient Energy Management Fund (Fenoge), and the Mining-Energy Planning Unit (UPME), is strengthening the energy transition in the Caribbean region.
Read moreBogotá, which contributes approximately 60% of Colombia's greenhouse gas emissions, is at the forefront of exploring sustainable solutions for cleaner mobility.
Read moreThe Mining and Energy Planning Unit (UPME) recently released its Regulatory Agenda for 2024, unveiling a comprehensive set of normative projects aimed at shaping the regulatory landscape in the energy sector.
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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 moreConsidering the critical situation arising from the El Niño phenomenon and the imminent rise in temperatures in the country, the Ministry of Mines and Energy (MinEnergia) address the operational risks posed to medium-voltage electrical networks.
Read moreThe latest weather forecasts predict the end of the El Niño phenomenon starting in the March-April-May 2024 quarter.
Read moreFinance Minister Ricardo Bonilla highlighted the strong foreign interest in investing across various sectors in Colombia.
Read moreColombia is facing an unprecedented challenge as soaring temperatures and the absence of rainfall elevate the risk of forest fires, posing a threat to the nation's energy infrastructure.
Read moreUnderstanding Colombia's current political landscape can be a challenging task for businesses, especially when key ministers propose conflicting measures.
Read moreIn response to the ongoing wildfires wreaking havoc across the country, Energy Minister Andrés Camacho, via X, alongside the Mining and Energy Planning Unit (UPME), called an extraordinary Advisory Commission for Coordination and Monitoring of the Energy Situation (Cacsse).
Read moreColombia, with its abundant sunshine and wind, is poised for a green energy revolution. However, the Association of Renewable Energies (SER Colombia) sheds light on the stumbling block: sluggish project initiation.
Read moreColombia is gearing up for a significant boost in renewable energy, with 66 projects potentially joining the national electricity matrix throughout 2024.
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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 moreAmidst uncertainty surrounding energy costs in Colombia, an increasing number of companies are making a strategic shift towards developing renewable energy projects, particularly solar, within their facilities.
Read moreThe Colombian government, led by Minister of Mines and Energy Andrés Camacho, is set to unveil a comprehensive reform aimed at revamping the provision of public services, particularly focusing on tariff adjustments.
Read moreColombian President Gustavo Petro announced that the government will issue a natural disaster decree in response to the multiple fires engulfing the country from the El Niño phenomenon.
Read moreLatin American nations, including Colombia, are grappling with the challenges of transitioning away from fossil fuels. In this endeavor, Uruguay and Chile emerge as contrasting examples, offering valuable insights into successful versus complicated paths toward sustainable energy transformation.
Read moreThe Colombian government has raised the alert level for wildfire risks due to the El Niño phenomenon.
Read morePresident Gustavo Petro, as part of his participation in the World Economic Forum, expressed his government's ambition to transform Colombia's major sources of revenue from coal and oil into tourism.
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 moreDaniel Enrique Medina, President of ACIEM, the electrical engineers’ society, highlighted the importance of a fair energy transition for Colombia, especially in the context of global efforts to combat climate change.
Read moreAs Colombia, and particularly Bogotá, grapple with the onset of the latest El Niño phenomenon, the challenges are two-fold - soaring daytime temperatures and a period of reduced rainfall compared to the norm.
Read moreThe onset of 2024 brings a clear threat from the El Niño phenomenon in various regions of Colombia.
Read morePresident Gustavo Petro engaged in a brief but impactful conversation with Microsoft co-founder Bill Gates during the annual World Economic Forum in Davos, Switzerland.
Read moreColombia confronts the intensification of the El Niño phenomenon, while reservoir volumes have steadily declined.
Read moreIn a compelling address at the World Economic Forum in Davos, President Gustavo Petro floated a visionary idea for a transcontinental agreement aimed at bridging the gap between North and South America.
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Colombia is currently grappling with the impact of the El Niño phenomenon, leading to heightened alerts for potential wildfires and other climatic challenges.
Read moreColombia witnessed a surge in forest fires during the first 15 days of 2024.
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 the ambitious plan to introduce 12 wind energy projects contributing over 6,990 megawatts to Colombia's energy grid in La Guajira by 2024, there seems to be a headwind of delays hindering progress.
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.
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President Gustavo Petro and MinAmbiente Susana Muhamad insist that El Niño is under control. The only really horrific climate-related disaster the country has had was caused by too much rain not too little, a local reminder that higher global temperatures mean more extreme weather not necessarily drier (or wetter for that matter) universally. So what is happening to the country’s hydro reservoirs and what power generation choices do we have?
Read moreThe National Association of Public Utilities and Communications Companies (Andesco) raised concerns about Resolution 701028 of 2023 from the Energy Regulation Commission (CREG), which addresses transitional rules for energy prices during the El Niño phenomenon.
Read moreAmidst soaring temperatures and a surge in forest fire alerts across 747 municipalities, Environment Minister (MinAmbiente) Susana Muhamad met with President Gustavo Petro to devise strategies for coping with the severe impact of the El Niño Phenomenon in Colombia.
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 morePresident Gustavo Petro has greenlit the restructuring of the Mining-Energy Planning Unit (UPME) to "confront the challenges of energy transition planning."
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 National Environmental Licensing Agency (ANLA) recently granted approval for two renewable energy projects in the High Guajira region, specifically located in the municipality of Uribia.
Read moreSenator David Luna presented several proposals to President Gustavo Petro's government aiming to drive the energy transition in the country.
Read moreBogotá's Mayor, Claudia López, took part in the Global Mayors' Forum in Guangzhou, China, emphasizing social inclusion, political representation for youth and women, harnessing the scientific revolution for clean energy transition, and retraining in new skills.
Read moreThe Ministry of Mines and Energy (MinEnergia) hosted the International Atomic Energy Agency (IAEA), leading a Nuclear Law Workshop discussing national legislation elements, international legal frameworks for nuclear technological and physical security, safeguards, and the global regime of civil liability for nuclear damage.
Read moreThis week’s long essay was supposed to be about COP28, which (according to the schedule) would finish on Tuesday December 12th at 11am Dubai time. It did not. COPs have never finished on time and this one had sufficient controversy over the language around fossil fuels that I did not expect it to finish in time for my deadline.
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 moreViridi Renewable Energies will be a pivotal player in Colombia's energy transition.
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 moreIsagen's recent call for improved responsiveness within the national energy system serves as a stark reminder of its critical role in the country's development. Energy is fundamental to production, transportation, education, healthcare, and the overall well-being of the population.
Read moreColombia's Minister of Mines and Energy (MinEnergia), Andrés Camacho, announced the official launch of the terms and conditions to initiate the assignment of areas for offshore wind energy in the Caribbean Sea.
Read moreThe city is investing heavily in renewable energy, with a goal of reducing its reliance on fossil fuels and mitigating its environmental impact.
Read moreAs awareness of climate change has grown, consumers have become increasingly interested in products and services that highlight companies' contributions to conservation and sustainability initiatives.
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 morePresident Gustavo Petro attended the COP28, addressing key issues such as reducing fossil fuels, debt-for-climate-action swaps, and the significance of dialogue to resolve conflicts in Ukraine and Palestine.
Read moreThe mining-energy sector has engaged in dialogue with the community of Isla Grande, Bolívar, ushering in a new era of collaboration.
Read moreThe government has officially announced the appointment of the new Director of the Energy and Gas Regulation Commission (CREG).
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 moreThe government recently initiated a strategy to address economic difficulties in the electrical sector by enabling a credit line for energy marketing companies to ensure necessary cash flow.
Read moreNicolás González Casares, a member of the European Parliament's ENVI Commission, which oversees energy matters, shared insights regarding the progress of Europe's energy transition.
Read moreThe International Energy Agency (IEA) recently presented a groundbreaking report focusing on energy prospects in Latin America and the Caribbean. The document underscores the region's "extraordinary endowment of natural resources," comprising renewable sources and fossil fuels.
Read moreThe functioning of Colombia's Energy and Gas Regulation Commission (CREG) is currently at a standstill due to a lack of necessary expert commissioners required to meet the quorum.
Read moreThe Colombian government has initiated administrative proceedings for land seizure on properties that were deforested for agricultural purposes, despite being in reserve areas.
Read moreThe Colombian Association of Electric Energy Distributors (Asocodis), on the eve of the XIX Electric Energy Distribution Conference, shed light on the challenges confronting the country in terms of the energy transition.
Read moreThe Energy and Gas Regulatory Commission (CREG) officially confirmed the appointment of two new expert commissioners.
Read moreColombia's economic scenario, as depicted by the DANE report for the third quarter of 2023, has not been as promising as anticipated.
Read moreThe Ministry of Mines and Energy (MinEnergia) announced a new Executive Director for the Energy and Gas Regulatory Commission (CREG).
Read moreAs forecasts continue to predict the presence of El Niño, the country sees that the water reservoirs are being emptied despite the clear forecast.
Read moreColombia's entry into the nuclear realm in 1965 sparked alarm, with headlines such as "Atomic Bomb in the Heart of Bogotá" gracing the front pages as the country received a nuclear reactor donation from the United States. This reactor, operated by the Colombian Geological Service (SGC), remains in operation today.
Read moreDespite assurances from Enel Colombia in recent weeks regarding rectifying the faults that led to irregular values on energy bills, citizens continue to voice grievances over receiving invoices higher than their typical payment amounts.
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Colombia is entering the strongest phase of the El Niño phenomenon, projected between December and February 2024. However, as of now, there are no indications that the anticipated drought will jeopardize the country's electricity supply.
Read moreIn Colombia, there are 11 registered offshore wind generation projects, all in phase 1, with a capacity of a little over 5GW, according to data from the Mining and Energy Planning Unit (UPME). However, the government's recent announcement of consultation drafts for the allocation of temporary occupation areas has raised doubts and concerns among investors and experts.
Read moreColombia stands at the threshold of significant economic benefits in the realm of alternative energies, particularly concerning the minerals pivotal for clean energy mechanisms. Forecasts indicate substantial changes ahead in the supply, demand, and subsequently, the prices of these crucial minerals.
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