More solar energy, better quality of life for Colombians

Regulation & Policy, Renewables    Sep 30, 2019 5:48 PM

Vice Minister of Mines and Energy (MinEnergia), Diego Mesa, spoke about the government’s plan to achieve energy coverage in Colombia’s most neglected areas, thanks to solar energy.

According to Mesa, investments in renewable energy sources like wind and solar energy, will reach US$3.6B by 2022.

Half of the resources will come from projects awarded in this year’s energy auction, where firms like Emgesa, Enel and Eolos Energía committed to generate 1,396MW as of 2022, El Colmbiano said.

Authorities expect to get another 1,500MW from this month’s energy auction, where national and international energy firms like Celsia, EPM and Enel will participate.

Industry expert, Carlos Yepes, told El Nuevo Siglo that the upcoming energy projects will not only be important to increase the country’s competitiveness in the region, but to increase the quality of life of inhabitants of Colombia’s most neglected areas.

He catalogued Colombia as a country with “an outstanding energy potential” given its geographical location, explaining that if approved, upcoming projects can not only provide energy for Inter-Connected Areas, but can reach Non-Interconnected Zones (ZNI).

“There is a belief that implementing solar energy projects is very expensive, but it is not. What happens is that, as in any technological advance, its use has had a learning and development curve that initially concentrated these initiatives in the hands of a few players, and had exaggerated their costs,” he said, calling for the government to boost the development of energy projects.

Bottom-line: Colombia’s location is indeed an advantage for the energy sector. We are sure that after declaring void the first energy auction, the government learned its lesson and will soon report on the success of this month’s tender.

The participation of top global firms in the project calls for better results, which will translate into a better quality of life for locals in rural areas.

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