Our vision is to diversify, supplement and make the energy matrix more competitive: Minister of Mines and Energy

Our vision is to diversify, supplement and make the energy matrix more competitive: Minister of Mines and Energy

  • Regarding renewable energy generation, which is based on unconventional sources, the country will go from 50 to 1,500 megawatts in terms of its installed capacity.

Ministry of Mines and Energy. Bogota D.C. November 28th, 2018.  During the forum known as "2018-2022 Energy for Competitiveness," the Minister of Mines and Energy, Maria Fernanda Suarez Londoño, presented the sector's vision for the next four years before the executives and members of Asoenergia, the trade association that groups large consumers of electricity nationwide.

"We want to prepare the country for the transition towards the fourth industrial revolution, by modernizing the electricity sector with new technologies that contribute to energy efficiency and environmental protection. This transition implies opening spaces for different technologies, guaranteeing a balance between competitiveness, reliability and sustainability," she argued.

The Minister stated that during these four years the goal will be to diversify, supplement, and boost the competitiveness of the energy matrix, thus promoting the generation of unconventional renewable energy sources. "That is why our goal is to increase the installed capacity for this type of energy, by going from 50 megawatts, currently required by a city such as Ibague, to 1,500 megawatts, equivalent to the requirements of Cali and Medellin together," she explained.

According to the official, boosting competitiveness and sector modernization requires an increasingly efficient management of energy usage, stimulating good consumer practices. "Smart metering devices, for example, may contribute to this take and self-generation will play a very important role. There must be benefits so that we can have an increasingly active demand," she said.

A mining and energy sector committed to environmental protection

Colombia –which produces 0.4% of global CO2 emissions, 13% of which is represented by the mining and energy sector- is one of the most vulnerable countries to climate variations. This is why the Minister asked the participants to contribute from the industry in order to comply with the goals of the Plan for the Comprehensive Management of Climate Change.

 "Our sector is the first one nationwide that has prepared a clear roadmap to reduce carbon dioxide emissions and adapt to climate change. The goal is to reduce CO2 emissions by 11.2 million tons by the year 2030, equivalent to the absorption carried out by the Department of Amazonas over 15 years," she stated.

Likewise, during her presentation at the Second Energy Forum of the Colombian Engineer Society, the Minister, Maria Fernanda Suarez, underlined that the national energy policy vision for 2030 seeks neutrality and competition.

 "All technologies must compete as we work on accelerating the entry of solar and wind power. We need to secure access and reliability, environmental sustainability and guaranteeing that the electrical sector remains its level of competitiveness," Suarez Londoño said.  

Finally, the Minister highlighted the quality of national engineering, saying "we believe that Colombian engineering is prepared to face the challenges of the future."

Wednesday, November 28, 2018, Cundinamarca, Bogotá D.C., Source: MinMinas
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