This is how the energy contracting mechanism between generators and marketers, from the Mercantile Exchange, will work
María Inés Agudelo Valencia, president of the Mercantile Exchange of Colombia, presents the new energy market manager. Photo: Courtesy: Mercantile Exchange of Colombia.
TL;DR
- The Creg has established new regulations for energy contracts facilitated by Conexión Energética, a subsidiary of the Mercantile Exchange.
- The mechanism introduces an additional regulated alternative for anonymous energy contracting between generators and marketers.
- This aims to ensure a more efficient and orderly supply of energy to end-users and address price volatility.
- The initiative seeks to provide greater tariff stability for regulated users by allowing marketers to enter into long-term contracts with stable prices.
- The new platform will operate with clear rules, a uniform guarantee system, and standardized procedures to reduce discretion and create a more balanced market.
- This mechanism does not replace existing energy exchange or bilateral contracts but complements them by expanding available options.