Take it to the limit: UPME calculates the transition scenarios

Thursday Thoughts    Jul 26, 2023 7:56 PM

The government’s mining and energy think-tank (Unidad de Planeacción Minera-Energetica) updated its long term forecasts of the sector out to 2052. This will not satisfy calls for short-term forecast updates in the face of El Niño but does give investors planning scenarios for the medium and long term. And it is Irene Véléz’s parting shot at the energy sector, an intriguing mix of class struggle, apocalyptic fearmongering and hard-headed realism about things like the role of thermogeneration.

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