More energy in 2020?

Energy, Renewables    Feb 26, 2020 9:59 AM

The Ministry of Mines and Energy (MinEnergia) announced a program to bring energy to thousands of families in Colombia’s rural areas during this year.

The entity said that more than 23,300 families in 18 departments of the country will have energy in their homes for the first time.

This, thanks to the development of rural electrification projects financed through the General Royalty System (SGR) and the Todos Somos Pazcífico Fund, MinEnergia said in a statement.

MinEnergia María Suárez said that incorporating unconventional renewable sources such as sun and wind energies will be key in the process, explaining that they are sustainable alternatives that can help the government close inequality gaps.

“The electrification projects will benefit 16,344 families in the departments of Cauca, Nariño, Caquetá, Meta and Guaviare. Energy service transforms lives and generates equality and development,” Suárez highlighted.

Authorities also expect to bring energy service to more than 6,300 families this year, thanks to solar projects.

“More than 27,000 families have received energy in the 18 months of this government. The energy transition process is a reality, as the country will go from generating less than 1% of its energy from unconventional renewable sources, to more than 12%, going from less than 50MW of installed capacity for renewable energy generation, to more than 2,500MW in 2022,” Suarez added.

Bottom-Line: Renewable energies represent a great alternative for s sustainable growth, and prove this administrations will to ‘make things happen’ in the industry.

Colombia’s potential in unconventionals is undeniable, will the government be able to assure legal and social stability for investors?

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