Bogota at night arial view

Colombia Renewable Energy: A note from AFRY Management Consulting

The majority of installed capacity in Colombia comes from Hydro, making the country exposed to extreme weather-related events. In an effort towards diversifying its energy mix and realizing its high solar and wind potential, in October 2019, Colombia held its first renewable auction.
In this note, AFRY Management Consulting revisits the renewable auction, analysing the rules, the participation and the results of this process, which was a milestone in the energy sector of the country. 

For further information please contact

Julia Dupuy

Senior Consultant, AFRY Management Consulting

Nuno Silva

Principal, AFRY Management Consulting

Dorian de Kermadec

Senior Principal, AFRY Management Consulting