Introduction to the Energy Situation in Colombia
The Centro Regional de Estudios de Energía (Cree) has released new projections indicating that Colombia’s electricity demand will surpass existing energy sources starting from 2027 to 2028. According to data from the Unidad de Planeación Minero-Energética (Upme) and XM, the combined output from thermal, solar, and wind energy sources will be insufficient to meet the projected demand until 2037.
Growing Demand and Limited Energy Source Expansion
The demand for electricity in Colombia is expected to rise continuously until 2037. However, the growth of existing energy sources, including thermal, solar, and wind components, will be significantly lower. This imbalance between demand and supply poses a challenge for ensuring reliable energy services.
Impact on Gas Sector and Economic Consequences
The energy crisis extends beyond electricity, affecting the gas sector as well. According to Cree’s projections, Colombia has already faced a gas deficit since 2024. To address this shortage, the country has been importing liquefied natural gas (LNG) from Sociedad Portuaria El Cayao, a Promigas affiliate located in Cartagena.
The gas deficit is expected to worsen until 2028 and persist through 2030, as per Cree’s forecasts. This situation will not only influence energy tariffs but also negatively impact the Gross Domestic Product (GDP), according to studies by Fedesarrollo.
Policy Recommendations for Sustainable Energy Solutions
Cree emphasizes the necessity of implementing public policies that encourage the development and integration of new energy sources. By doing so, Colombia can ensure a stable and sustainable energy supply to meet the growing demand.
Key Questions and Answers
- What does the Cree’s report reveal about Colombia’s energy situation? The report indicates that from 2027 to 2028, Colombia’s electricity demand will exceed existing energy sources, including thermal, solar, and wind components.
- How will this energy imbalance affect the country? The growing demand for electricity and limited expansion of existing energy sources will challenge the reliability of energy services. Additionally, a gas deficit since 2024 has led to increased LNG imports, which will worsen until 2028 and impact both energy tariffs and the GDP.
- What actions should Colombia take to address these challenges? Cree recommends implementing public policies that incentivize the development and integration of new energy sources to ensure a stable and sustainable energy supply.
