Colombia | Colombian electricity sector: challenges and opportunities

Summary

We conducted a diagnosis of the Colombian electricity sector, identifying the challenges and opportunities that result, thanks to the country's potential and the international context, to promote an energy transition based on Non-Conventional Renewable Energy Sources and mitigate some of the sector's risks.

Key points

• Key points:
• The energy transition in the world is moving towards the use of cleaner energies, in line with decarbonization and the objectives set forth in different international agreements.
• Non-Conventional Renewable Energy sources are the focus of the energy transition due to its low or zero emissions and availability.
• In Colombia, the energy transition is already in progress with the renewable auction awarded in 2019 and the proposed schedule for the coming years, however, it is necessary to give it greater prominence.
• The country's potential for the exploitation of Non-Conventional Renewable Energy Sources is high due to its climatic and geographic conditions.

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