Compact power station factory in Colombia

How much electricity does Colombia produce?

Colombia’s installed electric power generation capacity currently stands at 17,771 MW, with hydro accounting for 68 percent, gas and coal-fired power plants accounting for 31 percent, and the remaining one percent from wind and solar units. The country’s energy matrix is clean but highly dependent on climatic conditions to generate hydro power.

Will Sloane build a coal plant in Colombia?

In July 2018, it was reported that UK-based Sloane Energy Groupplanned to build a coal plant in Cesar Department, Colombia. Plans called for three ultra-supercritical coal-fired units of 375MW each, fueled with coal produced at Sloane's adjacent La Luna coal mine , where production was set to begin in late 2019.

What is Colombia's energy transition process?

Colombia’s energy transition process is underway. Former President Ivan Duque set a goal to increase non-conventional renewable energy installed capacity from one percent to more than 12 percent of the energy matrix by 2022.

Will Colombia build a hydrogen value chain?

With abundant natural gas reserves and the largest coal producer in Latin America, Colombia is focusing on blue hydrogen production as a base from which to start building the hydrogen value chain. In 2022, Colombia published its roadmap for offshore wind development, part of a broader plan to wean the country off hydropower and fossil fuels.