Renewable energy in Colombia

This article needs to be updated. Please help update this article to reflect recent events or newly available information. (March 2019)

Renewable Energy in Colombia is rapidly emerging as a pioneer in the clean energy transition, showcasing a remarkable commitment to climate action despite its status as a fossil fuel-producing nation. With a robust National Energy Plan extending to 2050, the country has set ambitious targets for diversifying its energy mix by incorporating wind, solar, and geothermal resources. The nation's resolve was further solidified at COP26 with the announcement of a net zero target and a Nationally Determined Contribution (NDC) aiming for a 51% reduction in greenhouse gas emissions by 2030. Significant investments in renewable energy infrastructure, particularly through long-term auctions for large-scale solar and wind projects, are transforming Colombia's energy landscape.^[1]

Colombia, as of 2019, has 28.1 Megawatt installed capacity of renewable energy (excluding large hydropower), consisting mainly of wind power, which supplies 1% of the country's needs.^[3] The country has significant wind and solar resources that remain largely unexploited. According to a study by the World Bank’s Energy Sector Management Assistance Program (ESMAP), exploiting the country’s significant wind potential alone could cover more than the country’s current total energy needs.^[4] With abundant natural resources, including vast untapped wind and solar potential, Colombia is poised to become a leader in renewable energy, setting an inspiring example for other nations in the transition towards a sustainable and diversified energy future.^[1]