Electricity, Regulation & Policy Jun 3, 2026 3:50 PM
Nencol 5, the 2,240 MWp gas-fired thermal plant awarded a firm energy obligation in the May 22 reliability charge auction, is nominally the most consequential single result of that process -- representing 55% of the 4,069.7 MWp of new capacity assigned and 4.5% of all firm energy committed. However, El Tiempo's investigation into the project and the man behind it raises serious doubts about whether any of that will materialize.