economy
Government admits there is an 'imminent risk' of a blackout in Colombia: these were the alerts found
Portafolio Journalist 05/16/2026 11:31 Updated: 05/18/2026 17:56
TL;DR
- The Ministry of Mines and Energy has alerted the CREG about a projected firm energy deficit, with deficits estimated at 1.97 TWh-year for 2025-2026 and 3.9 TWh-year for 2026-2027.
- Regulatory restrictions, particularly in the Cargo por Confiabilidad auction (Resolution CREG 101 of 2007), are limiting the participation of existing plants like Hidroituango in offering additional firm energy.
- New climate projections from NOAA indicate a 95% probability of El Niño returning by June 2026, increasing the risk of hydrological events affecting electricity generation.
- The Ministry is requesting urgent regulatory adjustments to expand the base of agents participating in reliability auctions and to incentivize early entry of new generation capacities.