Colombia’s energy ministry ponders new renewables auction - report

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January 7 (Renewables Now) - Colombia’s Ministry of Mines and Energy is doing an internal analysis with respect to a potential new auction for renewable energy, minister Diego Mesa said in an interview with local publication Portafolio when asked whether a new renewables tender is planned.

According to the article, there could be a joint renewable energy and reliability charge auction.

Mesa said that there is an important pipeline of renewable energy projects and that the date of their entry into operation is key to an auction decision. He added the ministry is studying whether to hold a reliability charge auction before the end of the administration's term this year. According to him, it is prudent for a joint auction to be held for 2025-2026.

Mesa also said that offshore wind projects could take part if the commissioning date is in 2024.

Colombia’s third renewable energy auction was completed in October 2021 with power purchase agreements (PPAs) going to 11 solar projects representing 796.3 MW of combined capacity.

This week, Colombian regional power distributor Air-e said that 22 domestic and international companies had reached the pre-qualification stage in its privately organised renewable energy auction.

According to recent data, the country’s share of clean power was 86.5% in November last year.

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Browse all articles from Plamena Tisheva

Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

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