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AFRY is supporting Colombia in offshore renewable energy incorporation

Wed, 20/12/2023 - 09:30 CET

AFRY’s will support the Colombian Government in the identification of offtake mechanisms for commercialisation of offshore wind energy in Colombia. The commercial and regulatory tasks carried out by AFRY will contribute to the attainment of operational offshore renewable energy farms in Colombia in coming years.

In 2022 Colombia established the regulatory framework for the first seabed leasing process and now, the definition of mechanisms to trade offshore wind energy is crucial to provide financial stability and certainty for the project developers.

AFRY’s support will allow the Colombian government to formulate the mechanisms that support offshore wind energy commercialisation with a long-term outlook. In particular, AFRY will define the commercialisation mechanisms for electricity generated by offshore wind after reviewing different international commercialisation and financial mechanisms used to promote offshore wind. AFRY’s work will also include the regulatory measures required to adopt and implement these mechanisms.

This work converges the capabilities of AFRY offices in Oxford, Madrid, and Colombia, in a close interaction with the Colombian Government to benefit from AFRY’s cutting-edge expertise in delivering offshore wind advisory services.

“This project with the Colombian government reinforces AFRY's position as the reference consulting company to go to for energy markets expertise. At AFRY, we are fortunate to have experts that cover all aspects of energy-related projects, providing us with a 360-degree view of our client projects that allows us to quickly gain an understanding of the optimal way forward. We are pleased that we can contribute to this exciting project with the World Bank Group and the Colombian Government and be part of Colombia’s transition towards a clean energy future” says Jimena Díaz, Country Manager Colombia, AFRY Management Consulting.

AFRY provides engineering, design, digital and advisory services to accelerate the transition towards a sustainable society. We are 19,000 devoted experts in industry, energy and infrastructure sectors, creating impact for generations to come. AFRY has Nordic roots with a global reach, net sales of 24 BSEK and is listed on Nasdaq Stockholm.

Making Future

For further information, please contact:

Jimena Diaz, Country Manager Colombia, AFRY Management Consulting

+34 68 065 14 32, Jimena.Diaz@afry.com

For press inquiries:

Abigail Speak, Head of Communications, AFRY Management Consulting