We 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 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.
Read moreLa Guajira, Colombia’s preeminent department for renewable potential, is set to embark on a significant initiative at the onset of 2024 with the launch of the Energy Communities program.
Read moreThe Indigenous community in Colombia's La Guajira region has reservations about the wind energy initiatives, despite the region's enormous potential for wind power.
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Dialogo Canada is an annual forum to exchange ideas between Colombia and Canada about business and related policy issues. Organized by the Colombia-Canada Chamber of Commerce, the 13th edition was held on November 15th in Bogotá. After the introductory speeches, the first panel was on hydrogen (H2), a major topic for MinEnergia and investors, both local and international.
Read morePresident Gustavo Petro announced the implementation of a clean energy pilot project in five neighborhoods of Barranquilla. The initiative aims to kickstart a shift in the model of electrical energy production on the Caribbean coast by encouraging residents to replace their roofs with solar panels.
Read moreA team from the Inspector General’s Office journeyed to Puerto Nariño, Amazonas, a two-hour boat ride from Leticia, to confirm that a robust electrical distribution system has been supplying power to its residents for at least 15 years, but instead found an irregularity with a solar project.
Read moreA recent study by researchers at the National University sheds light on Colombia's electrical system and its ability to meet future energy demands.
Read moreA team of 9 experts and 40 crew members aboard the ARC Roncador vessel set sail from the port of Tumaco to conduct a scientific research mission in Colombian Pacific Ocean waters, aiming to study the El Niño phenomenon and assess its potential impacts on the country.
Read moreThe global push towards achieving carbon neutrality targets set by nations is accelerating. Among the key sectors requiring transformation is the energy sector, which accounts for the highest volume of emissions worldwide, even though this isn't the case for Colombia.
Read moreIn a recent discussion during the VI Summit on Oil, Gas and Energy, sector experts gathered to discuss the obstacles in the transition of Colombia's transportation fleet to sustainability, as well as the measures needed to accelerate this process.
Read moreDuring the VI Oil, Gas, and Energy Summit, sector experts shed light on the significance of hydrogen (H2) in the energy transition and the opportunities to drive demand for this fuel.
Read moreIn a significant step towards sustainable energy solutions, the Arca pilot solar project has been successfully installed in La Guajira, Colombia.
Read moreSpectrum, the company spearheading the ambitious Andes solar project situated between Barrancabermeja and Bucaramanga in Santander, is poised to make significant strides in solar energy in Colombia.
Read moreDespite governmental enthusiasm for expanding renewable energies in Colombia and the opportunities this presents, regulatory rigidity, bureaucratic setbacks, and other obstacles are putting pressure on investors.
Read moreThe landscape of renewable energy contracts with unconventional sources in Colombia is currently marked by uncertainty.
Read morePresident Gustavo Petro recently addressed energy tariffs, proposing methods to reduce user costs on their utility bills. One of his suggestions involved the installation of solar panels, citing a successful case in a school during his tenure as Mayor of Bogotá.
Read moreIn a parallel situation to the Windpeshi wind farm by Enel Green Power in La Guajira, another company has opted out of a solar project, this time in the municipality of Girardot, about two hours by car south of Bogotá.
Read moreIn a recent address at the Assembly of Energy and Public Services Users, Colombia's Minister of Mines and Energy, Omar Andrés Camacho, made statements regarding the privatization of the electric energy sector.
Read moreCementos Argos, in collaboration with Celsia, inaugurated a solar farm at a cement plant featuring over 2,100 solar modules.
Read moreIn a significant development for Colombia's energy sector, the International Energy Agency (IEA) has recommended the introduction of long-term renewable energy auctions.
Read moreColumnist Amat Zuluaga wrote an analysis of the viability of marine energy in Colombia.
Read moreA Joint Endeavor by Ocensa and Enercer propels Colombia's energy sector toward decarbonization
Read moreIn a significant move towards renewable energy exploration, Colombia's Ministry of Mines and Energy (MinEnergia), along with the Maritime Directorate (Dimar) and the National Hydrocarbons Agency (ANH), announced a move to boost offshore wind projects.
Read moreThe Arhuaca indigenous community in the northern Colombian department of Cesar is set to construct a self-sustained village equipped with solar energy generation facilities.
Read moreSchneider Electric launched innovative tool to calculate data center carbon footprint.
Read moreWith substantial investments in solar parks, the department of Atlántico is leading Colombia's transition to renewable energy sources.
Read moreThe Caribbean region has the potential to lead Colombia's energy transition due to its abundant renewable resources that can be sustainably harnessed to generate clean energy and reduce dependence on fossil fuels.
Read moreIn a significant step towards sustainable energy practices, Indumil, a State-owned company under the Social and Business Group of the Ministry of Defense (GSED), officially inaugurated the first solar park in Boyacá.
Read moreSilvia Alejandra Pinto, the visionary entrepreneur behind Homes Sun, is leading the charge in Colombia's solar energy sector.
Read moreColombia played host to the V Regional Conference of the Intergovernmental Panel on Climate Change (IPCC) from July 12th to 14th, in Bogotá. During this gathering, scientists unveiled the climate scenarios confronting Latin America due to escalating global temperatures.
Read moreOver 10 years ago, Bogotá saw the launch of a pioneering electric taxi pilot program in Colombia and Latin America.
Read moreThe Colombian Geothermal Association (AGEOCOL), UNESCO IGCP 636 project, and the University of Medellin announced the release of the highly anticipated educational video series in cartoon format titled "Kutani and the Geothermal Mission."
Read morePresident Gustavo Petro recently took to Twitter to emphasize the urgent need for a transformation in the mass transportation systems of cities.
Read moreThe General Maritime Directorate (DIMAR) and the National Hydrocarbons Agency (ANH) have signed an agreement to promote offshore wind energy projects in Colombia.
Read moreExperts and government officials talked about the delay in implementing renewable energy projects, according to experts.
Read moreSies Salud and Mamita Santa María Foundation have installed solar panels in a school located in the rural village of Comejenes, inhabited by members of the Wayuu indigenous community in La Guajira.
Read moreEnlaza, a subsidiary of Grupo Energía Bogotá (GEB), has initiated the construction of the Colectora 500kV electric power transmission project.
Read moreColombia is making progress in the production of biogas and biomethane, although it is still in the early stages of development.
Read moreThe Ministry of Mines and Energy (MinEnergia) announced progress in the document for the energy transition roadmap.
Read moreBancolombia's calculations suggest that several regions could experience higher electricity prices due to the El Niño phenomenon.
Read moreThe energy transition has met with resistance in La Guajira, creating challenges for authorities and the private sector.
Read moreDuring his visit to La Guajira, President Gustavo Petro met with authorities from the Wayúu community in the Nazareth district of Uribia.
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The World Economic Forum (WEF) published its most recent report of the Energy Transition Index (ETI), with worrying results for Colombia.
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The Ministry of Mines and Energy (MinEnergia) released a report highlighting the energy generation potential in La Guajira.
Read moreColombia is poised to create 15,000 jobs in the hydrogen industry by 2030, according to the Hydrogen Chamber, a strategic alliance between Andi and Naturgas.
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