Topic

Fuel oils

Fuel oils News

Friday, May 29, 2020

• Colombia climbed 9 positions in the Energy Transition Index of the World Economic Forum 2020, going from position 34 to position 25, in the last year, among 115 countries. • After Uruguay (11), we are the second country in Latin America and the Caribbean that appears in this ranking, surpassing countries such as Chile and Costa Rica. • Access to Energy and Security , due to the increased electrification of the communities and the decrease in the use of firewood for cooking food, as well as the Regulation and Political Commitment for the regulation for renewable energy and energy efficiency, are two of the variables with the greatest advance. • In 2019, Colombia made a historic leap in the incorporation of non-conventional sources of renewable energy into its electricity matrix, going from less than 50 megawatts to more than 2,500 megawatts of installed capacity in solar and wind energy, which will represent about 12 % of the matrix as of year 2022. • In the course of the Government of President Iván Duque, more than 30 thousand homes have had access, for the first time, to the electric power service and the substitution of the use of firewood by gas has been achieved for more than 46 thousand families. More

Colombia to hire energy consultants for COVID-19 impact studies
Friday, May 29, 2020

According to the Inter-American Development Bank, the country is seeking to mitigate the "medium and long-term" effects of lockdown measures on stakeholders and energy consumers. More


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