Environment in Colombia
-
COLOMBIA, 2015/12/28
Severe droughts caused by the El Niño weather pattern, which is expected to be one of the strongest on record, have started to affect Colombia’s electricity generation and distribution systems, with hydroelectric generators operating well below normal levels and spot wholesale electricity prices up 10-fold.
Water shortages
According to ratings agency Fitch, with hydroelectric power accounting for additional than 70% of Colombia’s total installed capacity, droughts have strained the country’s normally adequate power supply and driven up wholesale spot prices from an average of $30-50 to $400 per MWh.
In September local power wholesaler XM noted that hydropower’s contribution to the national electricity grid (Sistema Interconectado Nacional, SIN) reached its lowest rate for the month in 15 years, down 33% from its historical average.
-
COLOMBIA, 2013/03/01
The New Year in Huila started as 2012 finished, with the National Authority of Environmental Licenses’ (ANLA) refusal to hold the energy company Enel-Endesa-Emgesa accountable for failing to comply with the environmental license for the Quimbo Hydroelectric Project.
