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
Country Report
Colombia upstream summary slides
To complement our more detailed Colombia upstream summary we provide a slide-pack of the key issues in country.
$5,700
Insight
Autonomous vehicles are taking off: How will they impact energy markets?
New software and platforms mean that AEVs can achieve cost-parity with existing Transport-as-a-Service (TaaS) by 2027.
$1,250
Insight
Trump’s impact on thermal coal markets after half a year in office
Trump's pro-coal policies show some marginal support. 5 mine expansions add 120+ Mst reserves.
$1,100
