GEB’s Green Agenda

Company News, Energy, Renewables    Oct 19, 2020 2:50 PM

The President of Grupo Energía Bogotá (GEB), Juan Ortega, presented a proposal for a ‘Green Agenda’ in the coming years.

The official explained that the department of La Guajira can become the biggest great energy hub in Colombia, explaining that the region has the potential to boost national economic development and close poverty gaps in the north of the country.

Among the initiatives proposed by GEB is the need to advance in the de-carbonization process, which is why he highlighted the importance of Colombia setting a goal to be carbon neutral by 2035.

Ortega also proposed to convert the heavy load vehicle fleet with more than 20 years of use to a Euro VI technology, and for Natural Vehicular Gas (NGV) and Liquefied Natural Gas (LNG) stations to be installed.

This adds to the development of green hydrogen, which he considered essential to leverage the great potential of areas like the Atlantic Coast, and particularly La Guajira.

Finally, he highlighted that the energy sector is key for the economic reactivation process, explaining that upcoming projects represent investments of CoP$8T and close to 30,000 jobs.

“The energy supply must be complemented and assured through the Pacific Regasification Plant. It is necessary to ensure the interest of investors in the call, and it is essential to include the mechanism for receiving the expected income in the event of delays due to force majeure, alteration of public order or delays in environmental procedures,” he concluded.

Bottom-line: Ortega has a point, and we do not doubt La Guajira’s potential for eolic and solar projects for a second.

Social issues in the region, however, are a different story, as La Guajira’s green energy potential is as big as its public order issues and communities’ mistrust of industry and authorities.

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