Colombia is currently facing an energy supply risk due to its dependence on hydropower, as lower water levels in reservoirs and increasing energy demand have shifted the matrix to thermal, driving up energy costs, particularly in coastal regions.
Read moreAmid changing climate conditions, John Maya Salazar, General Manager of EPM, issued a warning about the possibility of energy rationing in certain areas of Antioquia by 2025 and 2026.
Read moreJosé Camilo Manzur, president of the Colombian Association of Electric Energy Distributors (Asocodis), highlighted the precarious situation faced by Colombia’s public utility sector due to the lack of resources to cover energy subsidies.
Read moreBanco de Bogotá, in partnership with Banco Popular, has signed a syndicated loan agreement for CoP$80B to refinance the PCH Doña Teresa hydroelectric plant located in Segovia, Antioquia.
Read moreInstalling solar panels at home can lead to savings of up to 90% on electricity costs, making renewable energy an increasingly attractive option for households and businesses alike.
Read moreCelsia, a subsidiary of Grupo Argos, reached a significant milestone in its commitment to renewable energy in Colombia.
Read moreThe European Investment Bank (EIB) has taken a significant step towards enhancing Colombia's renewable energy capacity by granting a US$300M loan to the Italian energy giant Enel Group.
Read moreThe Colombian Association of Electric Power Generators (Acolgen) stands out as an organization committed not only to economic development but also to gender equity in Colombia.
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As Bogotá eagerly awaits the rains to replenish reservoirs and alleviate the ongoing water rationing, the National Oceanic and Atmospheric Administration (NOAA) offered a less-than-optimistic forecast regarding the La Niña weather phenomenon.
Read moreThe Colombian Minister of Mines and Energy (MinEnergia), Andrés Camacho, inaugurated the country's first three Health Energy Communities in the department of Cesar.
Read moreColombian President Gustavo Petro described the country’s clean energy potential, particularly in the Caribbean region, as a significant opportunity for industrialization and attracting foreign investment.
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Time for our quarterly update of XM key indicators. Demand continues to rise – at least regulated i.e. household and small business demand – and the issues with hydro cause the matrix to shift in response.
Read moreStarting October 31, the Cartagena SPEC regasification plant will undergo its annual maintenance, lasting five days and concluding on November 4, 2024.
Read moreThe Ministry of Mines and Energy (MinEnergia) released a draft decree to modify Decree 1073 of 2015, which addresses geothermal energy development for electricity generation.
Read moreIn response to a mandate from the Atlantic Administrative Tribunal, the Energy and Gas Regulatory Commission (CREG) initiated significant reforms to address energy tariffs in Colombia’s Caribbean region.
Read moreEcopetrol (NYSE: EC) is set to become a strategic partner in an ambitious project that aims to position Barranquilla as a hub for artificial intelligence (AI) in Latin America.
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The Colombian government and Ecopetrol (NYSE: EC) inaugurated the La Cira Infantas solar farm in Barrancabermeja, Santander.
Read moreThe Mining and Energy Planning Unit (UPME) announced a second package of five energy transmission projects aimed at enhancing the reliability of Colombia's energy supply in regions facing critical shortages, as identified by system operator XM.
Read moreCarlos Pascual, Vice President of Energy at S&P Global, discussed the concerns raised by Colombian businesses over the ongoing energy crisis in the country.
Read morePresident Gustavo Petro has highlighted the potential of Colombia's Atlantic coast to become a hub for clean energy and foreign investment.
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