Does Colombia have a coal policy?

From 2019 to 2021, domestic energy supply of coal decreased by 36% and the use of coal for electricity generation fell by 45%. Coal resources belong to the state and their exploitation is controlled by the MME. Colombia’s energy and climate policy strategies do not include specific phase-out targets for coal production or consumption.

How does Colombia ensure security of electricity supply?

The main mechanism to ensure security of electricity supply is Colombia’s reliability charge, which has also seen increasing participation from renewable energy capacity since 2019. The scarcity pricing formula was reformed in 2015/16 and today reflects the cost of the oldest diesel generator.

Could Colombia benefit from a normative energy system?

Colombia could benefit from the development of a normative energy system scenario that is consistent with the legislated goal of net zero emissions by 2050, set out in the Climate Action Law (2169/2021).

Why did Colombia adopt new security of gas supply rules in 2021?

In 2021, the Colombian government adopted new security of gas supply rules. Resolution 40280 of 30 August 2021 updated the framework for the MME to regulate gas demand constraints and rationing of the supply of natural gas to satisfy essential demand of priority consumers. refineries.

What Reindustrialisation policy is pursuing in Colombia?

Colombia is pursuing a reindustrialisation policy with the aim to shift from an extraction economy to a productive and sustainable knowledge economy. In parallel to the elaboration of the PND, the government is preparing a national just energy transition road map.

Does Colombia have a fuel price stabilisation policy?

Colombia has a fuel price stabilisation policy. Created in 2006, the FEPC is used for mitigating price volatility of gasoline and diesel on the international market. However, in practice, since 2020, international prices are no longer reflected in national prices. National gasoline prices increased marginally, diesel prices not at all.