Women and the energy transition process

Regulation & Policy    Mar 25, 2020 2:14 PM

The Ministry of Mines and Energy (MinEnergia) highlighted the role of Colombian women in the country’s energy transition process.

MinEnergia María Suarez has led the energy transition process, managing to go from 50MW of unconventional renewable energy in 2018, to a forecasted 2,500MW by the end of 2022.

“This milestone was achieved thanks to the Reliability Charge auction and the first long-term contracts auction in Colombia. The process will represent a 30% decrease in energy generation prices in the medium term,” Suarez said in a statement.

The work of Vice Minister of Mines and Energy, Carolina Rojas, has also been key to achieve structural changes in Colombia’s energy sector.

Rojas has led the diversification of the mineral production matrix to leverage the country’s potential in gold and copper deposits.

“Copper will play a key role in the energy transition process, since only a 3-MW wind turbine needs 4.7 copper tons, while each megawatt of solar capacity needs 45 copper tons,” the entity explained.

The President of the National Mining Agency (ANM), Silvana Habib, led the construction of the new mining management system in Colombia, called ‘AnnA Minería ‘.

Habib has been in charge of the entity since 2015.

Terpel’s President, Sylvia Escovar, is now leading the firm’s new strategy, which promotes the implementation of a sustainable mobility in Colombia.

Ecopetrol’s (NYSE: EC) Gas Vicepresident, Yeimy Báez is working to strengthen and develop the NOC’s natural gas strategy.

The NOC is strengthening its portfolio to increase natural gas participation to up to 30%.

Bottom-Line: We like to report on follow-ups to current energy projects that are taking place in Colombia. It is good to know that there is a group of empowered women behind the initiatives’ success.

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