Insight
Energy transition in Colombia: beyond the targets
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
In early 2023, Colombia introduced a forward-looking National Development Plan to transform its energy landscape. The plan focuses on five key actions, including shifting away from coal and oil dependence while using their revenue to fund the transition. Currently, Colombia relies on hydroelectric power, while its exports are dominated by emission-intensive resources. Colombia has substantial untapped potential for renewable energy due to abundant solar and wind resources and attractive tax incentives. However, obstacles like institutional complexities and social conflicts hinder renewable energy projects. Despite recent changes like halting new exploration contracts and increased taxes, the oil and gas sector still plays a crucial role in the Colombian economy.
Table of contents
- Executive summary
Tables and charts
This report includes the following images and tables:
-
Wind potential in Colombia
What's included
This report contains:
Other reports you may be interested in
Insight
India's energy roadmap: 5 key themes are emerging
5 key themes that remain on watch for India's energy landscape until 2035
$1,250
Insight
CCUS: Asia Pacific Policy and Regulation
2025 CCUS policy readiness assessment across 15 Asia Pacific countries
$1,250
Insight
Europe upstream in brief
Vår Energi approves new subsea projects in Norway
$1,350
