The move has been brought in by the National Energy Control Center which claims it is necessary to safeguard energy security during the Covid-19 public health crisis. Critics say the authorities are using the pandemic as an excuse to extend a pattern of action against the renewables industry.
After being “temporarily suspended” in early December, Mexico’s fourth long-term energy auction has been cancelled. The government said the action was taken in compliance with its legal framework and took into account technical, economic and energy planning considerations.
Colombia is blessed with an abundance of natural resources. According to data from the Colombia’s National Mining and Energy Planning Unit, UPME and the Institute of Hydrology, Meteorology and Environmental Studies (IDEAM), hydro potential is estimated at 56 GW countrywide, while solar is close to 42 GW and wind 15 GW in the Guajira region alone. Today, hydroelectric sources make up 65% of the energy mix, while wind and solar account for just 0.11% and 0.06%, respectively. As these numbers underscore, Colombia has barely scratched the surface of its renewable potential.
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