MinEnergia talks energy transition

Regulation & Policy, Renewables    Jun 28, 2021 4:12 PM

The Minister of Mines and Energy (MinEnergia), Diego Mesa, talked about the energy transition process in the country.

Mesa recalled that the government established a plan to deliver energy to 100,000 families, located in remote areas of Colombia, Valora Analitik reported.

“We reached 54,000 new users in June 2021; about 17,000 have been thanks to solar projects in remote regions,” Mesa highlighted.

The expert said that the progress of the initiative has allowed to seek new goals, so that new projects will be set to bring energy to 62,000 additional families. This will represent investments of CoP$1T that will be complemented with the private sector.

Mesa said that the expansion plan has allowed Colombia to be a regional leader, creating a more competitive, resilient and sustainable generation matrix.

“We went from having only one solar farm, in August 2018, to having 13 solar farms and generating the energy consumed by close to one million Colombians. These farms represent a reduction of 370,000 tons of CO2 emissions per year,” Mesa said.

The expert recalled that Colombia achieved an eight-fold increase in the installed capacity of unconventional renewable energy sources by 2020. Mesa said that the goal is to double it during this year.

Mesa said that the new auction of long-term contracts for unconventional renewable energies represents a huge opportunity for the country.

“This auction will be an opportunity to leverage Colombia’s wind and solar potential. The awarding of the auction will be before the end of October this year,” Mesa said.

MinEnergia said that the government will announce the hydrogen roadmap in 2H21, identifying internal and external markets, bottlenecks and regulatory frameworks.

Bottom-Line: The government has done a great job to boost renewable energy in the country, and the increase in installed capacity is proof of this.

However, authorities should not forget that it is essential to improve the issue of prior consultations, environmental licensing and security, as these issues are delaying the projects’ development.

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