energy
March 17, 2026
Lights out by 2030? Colombia needs investments of up to US$2.308 million to cover the firm energy shortfall
Electric energy Photo: Nikola Johnny Mirkovic Z - Unsplash
TL;DR
- Colombia's electricity consumption is growing faster than its firm generation capacity, creating a potential energy deficit.
- Covering the projected firm energy shortfall requires investments of approximately US$576 million in combined-cycle gas plants or US$2.308 million in solar capacity.
- Variable renewable sources like solar have a lower contribution to firm energy due to their intermittent nature, especially during peak demand hours.
- Significant delays in the execution of new generation and transmission projects are worsening the challenge.
- In 2023 and 2024, the rate of new capacity entering operation was significantly lower than planned due to regulatory, environmental, construction, financing, and social issues.
- Delays in transmission infrastructure are leading to operational restrictions and are projected to increase in the coming years.