Next renewables auction

Regulation & Policy, Renewables    Apr 12, 2021 5:25 PM

Authorities plan a new renewable energy auction, and the projects will focus on four areas of the country.

The Ministry of Mines and Energy (MinEnergia) said that the regions contemplated for the development of new solar and wind projects are Córdoba, Sucre, Llanos Orientales and the southern region of the departments of Bolívar, Atlántico and Magdalena.

The Mining-Energy Planning Unit (UPME) and MinEnergia, consider that these areas are ideal for the new clean generation projects thanks to the high-levels of solar radiation and wind speeds.

The entities explained that these regions offer an additional advantage in speed with respect to the environmental licensing process, in addition to the smooth development of prior consultations, and finally the low cost in the value of the land.

“The country increase by about 50 times the installed capacity in 2018, thanks to the auctions we developed in 2019,” MinEnergia Diego Mesa highlighted.

Mesa said that Colombia will continue to diversify its energy matrix thanks to the new auction.

The auction will consider projects from Unconventional Renewable Energy Sources (FNCER) that have a capacity equal to or greater than 5MW.

Projects with a capacity between 5MW and 20MW that wish to participate must declare that they accept, for the duration of the contract, centralized dispatch.

Bottom-Line: The government demonstrated, with actions, its commitment to promoting the development of renewable energies in the country.

Authorities must leave a solid regulatory framework to continue with this process in the medium and long term.

Environmental licensing and prior consultations are two of the main obstacles to advance in the development of projects in Colombia so we wonder if these issues have been prescreened by the UPME or if the research institute merely anticipates fewer problems with them than, say La Guajira.

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