Colombia s shared solar container policy subsidy standards

What is energy policy in Colombia?

Energy policy in Colombia is defined by the National Energy Plan (PEN) 2020–2050, which includes solar and wind in its diferent scenarios, including for both grid-connected and unconnected areas. Electricity planning is outlined by the 15-year Generation and Transmission Expansion Plans, which are updated yearly.

What is Colombia's energy transition policy?

Colombia’s energy transition policy making is an inspiring example of a fossil fuel producing country committed to climate action, based on a long-term decarbonisation pathway and a policy of energy and economic diversification and a just transition.

Does Colombia have a guide for saving water and energy?

Colombia also has a guide for saving water and energy in buildings. The PND 2022-2026 requires an energy audit of all government administrative facilities every four years and energy saving targets to be achieved through energy efficiency measures and the deployment of non-conventional renewables (GoC, 2023).

How much solar power does Colombia need?

ranging from 3700 to 4578 MW of wind power and 1963 to 4662 MW of solar power. The 2019–2023 Electric Coverage Expansion Plan estimates that the investments needed to achieve universal access to electricity in Colombia include COP 3.2 trillion (about USD 665 million) in solar home systems.

Will Colombia's energy plans reduce international demand for coal?

However, Colombian energy plans recognise the potential longer term reduction of international demand for coal in the context of the energy transition. The Petro government has banned investment in new coal mines and introduced a tax on coal use for combustion as of 1 January 2023.

What is Colombia's energy supply in 2021?

Renewable sources of energy accounted for around 25% of Colombia’s total energy supply in 2021, substantially above the IEA average of 14%, thanks to abundant hydropower (72% of total electricity generation) and a significant role of bioenergy, sugar cane and palm oil.