Although XM has not published demand statistics for June, we do have the official summary of supply / generation. As El Niño came to a slow end, someone in authority decided it was over at the end of April and thermoelectric generation fell dramatically. We also check the solar statistics to confirm the positive press releases that came out last week.
Read moreColombia achieved a significant milestone in its renewable energy sector by surpassing 1 gigawatt (GW) of solar power in commercial operation.
Read moreEnlaza, a subsidiary of Grupo Energía Bogotá (GEB), is making significant strides towards enhancing Colombia's energy infrastructure with the Colectora transmission project.
Read moreColombia has taken another significant step towards renewable energy with the inauguration of a new solar park in El Copey, Cesar.
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 moreSpanish company Solarpack announced the inauguration of its La Unión solar park in Montería, Córdoba.
Read moreThe Controller General issued a report outlining significant challenges faced by the Colombian government's solar projects.
Read moreWith abundant wind and solar resources, Colombia is committed to decarbonizing its economy, and the Caribbean region is positioning itself as a hub for clean energy in the country.
Read moreFollowing the closure of two of the largest coal mines in Cesar in 2021, Hilda Arrieta is left pondering the future, as La Loma, a district of El Paso with over 25,000 residents, offers employment primarily in mining.
Read moreIn the southern department of Cauca, Colombia, a significant step towards sustainable energy has been initiated with the construction of the Granja Solar Las Marías.
Read moreCarlos Amaya, President of the National Federation of Departments (FND) and Governor of Boyacá, issued a call to President Petro's government.
Read moreThe Massachusetts Institute of Technology (MIT) released the third edition of its Green Future Index 2023, an annual comparative ranking of 76 territories based on their ability to develop sustainable and low-carbon futures for their economies and societies.
Read moreThe Ministry of Environment (MinAmbiente) announced an important decision to advance with the Colectora Transmission Line project.
Read moreAES Colombia announced the suspension of operations at the Chivor Hydroelectric Plant in response to unprecedented flooding caused by intense and continuous rainfall in southeastern Boyacá.
Read moreThe Ministry of Mines and Energy (MinEnergia) announced the official inauguration of the H2-Diplo office, marking a significant step in the country's efforts to advance green hydrogen production.
Read moreIn a significant step towards sustainability and carbon neutrality, Alpina announced the launch of its first solar farm in Sopó, Colombia.
Read moreGovernor Eduardo Verano of the Atlantic Region, speaking at the ACP Sustainability Congress, outlined initiatives in renewable energy being spearheaded in the department, aiming for an energy transition with projects such as a port for green hydrogen and wind energy.
Read moreJohn Maya Salazar, General Manager of EPM, revealed the company's new plans to use hydrogen in cooking across Colombia for food preparation during the Hombro a Hombro panel discussion at the Innovation Land Summit 2024, organized by ANDI.
Read more
El Niño made it clear that Colombia needs more, non-hydro, generating capacity as climate change increases the risk of drought. Government policy and good environmental stewardship say that will not be thermal. But if the answer says “other nature-based renewables” then the country risks trading one type of variability for another. We looked at XM data from 2023 to see what we could learn.
Read moreGreenYellow inaugurated the Coveñas Solar Park at Ocensa's hydrocarbons transport terminal, a subsidiary of Ecopetrol (NYSE: EC).
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 moreLa Guajira, one of Colombia's most diverse regions, is a paradox of cultural richness and significant unmet needs.
Read moreOrlando Velandia, president of the National Hydrocarbons Agency (ANH), confirmed the agency's plans to advance renewable energy efforts, focusing on the potential of white (naturally occurring) hydrogen in Colombia.
Read moreIn Bogotá, transportation trends have shifted dramatically in recent years.
Read moreThe National Hydrocarbons Agency (ANH) has once again postponed the timeline for the qualification stage of interested parties for offshore wind energy.
Read moreEDP Renewables is currently constructing the Alpha and Beta wind farms in La Guajira, which, with a combined installed capacity of 504MW, will be the largest in Colombia.
Read more
Now that El Niño fades in the rearview mirror (really?) questions arise about the next climate event and whether Colombia has enough of a pipeline for new capacity to handle it.
Read more
On May 30, Colombia will host the 'GlobalHydro Forum: Energy Transition with Small Hydroelectric Plants (SHP) – Innovation and Digitalization,' bringing together experts and leaders from the global energy sector to promote sustainable hydroelectric energy development, with a special focus on Colombia.
Read moreDespite the abundance of solar energy reaching Earth, only a meager 15% of it is harnessed by the global population.
Read moreIn Villa Rica, Cauca, a significant step towards sustainable energy was taken with the inauguration of a solar farm at one of Harinera del Valle’s plants.
Read more
Our recent article about the viability of renewable energy investments leaned heavily on Levelized Cost of Energy or LCOE and, coincidentally, the Energy Institute (EI) updated its LCOE estimates for a range of technologies. For comparison and for local flavor, we found the UPME LCOE’s on the website (with some questions pending) and the International Energy Agency’s (IEA) estimates.
Read moreColombia is making significant strides in adopting electric buses, with a fleet of 1,590 electric buses out of a total of approximately 13,890 buses, according to a study by E-Bus Radar.
Read moreBarranquilla recently hosted the "Seventh Latam Renewables Meeting and Fair," where experts discussed the sector's challenges and opportunities for 2024.
Read moreEcopetrol (NYSE: EC) is considering its potential direct participation in the country's first offshore wind energy auction.
Read moreIn the race towards a more sustainable energy future, blue hydrogen emerged as a protagonist with immense potential.
Read moreColombia’s president, Gustavo Petro, extended an invitation to the United Arab Emirates (UAE) to participate in the development of clean energy projects in La Guajira, particularly in the realm of green hydrogen.
Read moreAt the end of February, we wrote about the importance of storage for highly variable renewable energy sources especially solar whose efficiency depends on latitude, location and sun’s angle to generate energy. And we noted the importance of finding greener solutions than the existing lead-acid and lithium-ion batteries to do this. In the meantime, we found a company in Panama selling a supercapacitor-based storage solution that meets these challenges.
Read moreSchrader Camargo announced that it will be responsible for constructing what is considered Colombia's second largest solar plant.
Read moreThe pursuit of energy self-sufficiency and environmental preservation stands as top priorities on Colombia's agenda. In this light, the first round for the allocation of blocks for offshore wind energy generation has sparked deep national and international interest.
Read moreColombia emerges as a potential leader in the global energy transition, leveraging its abundant natural resources.
Read moreThe Ministry of Mines and Energy (MinEnergia) and the Institute for Planning and Promotion of Energy Solutions (IPSE) officially opened a solar power plant in the rural area of Puerto Cachicamo, located in the municipality of San José del Guaviare, Guaviare.
Read moreIn the heart of Colombia's Atlántico department lies the Bosques de Bolívar Solar Farm, a green energy generation project set to contribute 100MW to the National Interconnected System (SIN).
Read moreIn the journey towards energy transition with alternative sources, encouraging achievements reflect a growing global awareness of the issue.
Read moreScotiabank announced acall for proposals for the Net-Zero Research Fund across the countries where it operates.
Read moreThe outlook for renewable energy in Colombia is promising, as it reflects a significant proportion of these alternatives, signaling a commitment to transitioning towards a cleaner and more sustainable energy system.
Read moreThe urgency for Colombia to accelerate its energy transition and decarbonize its economy has been a topic of much discussion. This transition involves the implementation of projects utilizing unconventional renewable energy sources. Despite delays in these initiatives, a significant milestone has been reached this year.
Read moreWe return to the book The Price is Wrong by Brett Christophers to look at his conclusions and recommendations as well as the implications for Colombia and President Gustavo Petro’s policies.
Read moreColombia is taking significant strides in the green hydrogen sector, establishing itself as a vital partner for Germany.
Read moreLatin America holds significant untapped potential in geothermal energy, but its utilization remains low, according to a report by Rystad Energy.
Read moreDuring a geography lecture at the La Boétie Institute in France, environmental activist and professor Andrés Malm praised the government of Gustavo Petro for positioning Colombia as a pioneer in environmental conservation efforts.
Read moreI am reading a new book by geographer, Brett Christophers, called The Price is Wrong: Why Capitalism Won’t Save the Planet. He argues that, despite their now low theoretical cost per kilowatt-hour, solar and wind power, will not achieve investor profitability targets, resulting in under investment, certainly insufficient investment to displace fossil-fuel-based generation. That means either governments must continue to subsidize solar and wind power or – probably Colombian President Gustavo Petro’s preferred solution – state-owned enterprises will transform the energy matrix.
Read moreEcopetrol (NYSE: EC) completed the construction of a solar farm at the Cartagena Refinery, marking a significant milestone as Latin America's first solar farm located within a refinery.
Read moreThe Fund for Non-Conventional Energies and Efficient Energy Management (Fenoge) announced the appointment of its new executive director.
Read moreThe absence of appointed commissioners and experts at the Commission for Energy and Gas Regulation (CREG) has left the organization without effective leadership.
Read moreColombia is poised to witness a surge in green employment opportunities, aligning with global efforts toward environmental consciousness.
Read moreAs the global energy transition gains momentum, clean energy mobility is accelerating, with hydrogen emerging as a significant player in enabling vehicles to operate without harming the environment.
Read moreColombia and Germany established the Steering Committee of the High-Level Group for Green Hydrogen to promote renewable energy projects.
Read morePromigas and its subsidiary Surtigas have unveiled plans for the construction of a solar plant for Lamitech, a company based in Cartagena.
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 moreIn a groundbreaking move, Marcopolo Superpolo introduces two models of buses, expanding its manufacturing capabilities to include the assembly of electric and hydrogen buses.
Read moreThe International Energy Agency (IEA) underscored the imperative of increasing renewable energy investments in emerging and developing economies outside of China, emphasizing the need to overcome significant hurdles related to affordable financing.
Read moreLa Guajira, blessed with abundant wind and solar radiation, stands as Colombia's prime location for unconventional renewable energy projects.
Read moreEcopetrol (NYSE: EC) made significant strides in its commitment to low-emission hydrogen production.
Read moreColombia stands at a crucial juncture regarding its future energy landscape, particularly due to the El Niño phenomenon and mini solar farms is an attractive alternative to face this situation.
Read moreCesar, a department in Colombia, celebrated the inauguration of its maiden biogas power generation plant, a significant step towards climate change mitigation and fostering sustainability in the palm oil agroindustry.
Read moreColombia has the potential to quintuple its capacity to generate energy through unconventional renewable energy projects, particularly in solar energy. However, bureaucratic hurdles are impeding the execution of multimillion-dollar investments.
Read moreAmid Barranquilla's commitment to energy transition, a new project emerges focusing on clean energy, job creation, and venturing into new sectors like agriculture.
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 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 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 moreInitiated by the Mining-Energy Planning Unit (UPME) in a 2014 bidding process, the 383-kilometer infrastructure has encountered licensing difficulties and opposition from communities concerned about potential environmental impacts.
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 moreAs part of its commitment to energy transition, Ecopetrol (NYSE: EC) is doubling down on renewable energy sources to diversify its generation matrix.
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 moreAt the beginning of 2024, approximately 15 renewable energy projects were undergoing testing to integrate into Colombia's national interconnected system (SIN).
Read moreBanco de Bogotá provided a credit line with significant resources to EPM for an energy efficiency project.
Read moreAs the U.S. sees a surge in large-scale solar project development, a recent study conducted by Berkeley Lab, Michigan State University, and the University of Michigan delves into the intricate landscape of community perceptions surrounding these renewable energy ventures.
Read moreUnderstanding Colombia's current political landscape can be a challenging task for businesses, especially when key ministers propose conflicting measures.
Read moreePC readers know our skepticism about Colombian President Gustavo Petro’s idea of doing away with utility companies, generating all power with rooftop solar. National newspaper El Tiempo picked up a Washington Post article about a “zero electricity bill” community in Florida (Hunters Point) so we thought we would have a look again at the topic.
Read moreColombia is gearing up for a significant boost in renewable energy, with 66 projects potentially joining the national electricity matrix throughout 2024.
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 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 Territorial Development Bank (Findeter) announced a new credit line for energy efficiency.
Read moreEcopetrol (NYSE: EC) is setting sail on a new venture – a dedicated business line delving into renewable energies.
Read moreNestled in the picturesque landscapes of San Juan de Arama, the Gateway to the Sierra de la Macarena in the Meta department, the synergy of agriculture and livestock intertwines to create a region of rich biodiversity.
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 moreThe government is committed to advancing a fair energy transition, emphasizing the alignment of relative prices between new energy sources and fossil fuels, as outlined in the National Energy Plan for 2052.
Read moreColombia is on the cusp of a transformative energy shift, exploring its potential in the emerging hydrogen sector, echoing global aspirations for a cleaner, more sustainable future.
Read moreErco Energía, a pioneering firm in Colombia's digital energy sector, achieved a significant milestone with the launch of its two large-scale solar plants in Tolima, marking a significant step in sustainable energy production for the region.
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 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 moreBarranquilla and Atlántico played host to the Colombia Investment Summit, the country's primary event for foreign direct investment. These regions, alongside other Colombian territories, were presented as potential hotspots for attracting new businesses and investments.
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 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 alliance between GreenYellow and the Barranquilla Port marked a significant stride toward greener operations.
Read moreThe setbacks in energy projects in La Guajira have been triggering a series of effects on companies and the electricity market.
Read more