|
|
 |
|
Viewing report
|
|
|
|
Columbia Market Briefing
London Economics, Nov 2007
The Columbia market briefing provides a concise overview of the country power sector, providing up to date information on regulation, generation, transmission, market operation, distribution, and retail supply; a list of market participants in each market segment is provided as well as a list of useful websites.
- Colombia is the fourth largest country in South America. Its electricity comes mainly from
hydro-generation plants and a minor proportion from thermal generation plants.
- Key legislation in the reform process was the Public Utilities Law and the Electricity Law, both passed in 1994.
- In recent years, the private sector has taken on a more active role in the energy markets, particularly in the generation sector, and to a lesser extent in the distribution sector.
- Energy demand rose in 2006, as has been the case since 2000, reaching 50,814.6 GWh.
- The growth in 2006 was the highest in the country's history, and represented a 4.1% increase from 2005.
- The Wholesale Energy Market (“MEM”) is divided in two sectors: the Bilateral Contract Market (long term) and the Energy Exchange, Bolsa (short term).
- Colombia has 66 registered electricity producers. 45% of the installed capacity is owned by the private sector and 55% by the public sector.
- In 2006, the ten-year capacity charge scheme was replaced by the reliability charge (“RC”) methodology by resolution CREG 071 passed December 2006. This new mechanism preserves the essential factors of settlement, billing and collection that guaranteed the successful payment to generation companies under the previous scheme. In addition, RC has developed an auction system with a three year transmission (2007-2009) which settled at 0.0647 $/KWh.
- Installed capacity in 2006 was 13,277 MW with a reduction of 71 MW from 2005.
- Total generation in 2006 was 52,340 GWh, 81.2% from hydro,
18.3% from thermal units (14.2% from gas and 4.05% coal).
- There is free access to transmission and distribution networks.
- The National Transmission System consists of 10,999 km of transmission lines operating at 220 y 230 kV and 1449 km of lines operating at 500 kV.
- ISA, which belongs to the government, owns 72% of the National Transmission System's networks; Transelca owns 12.4%, EEPPM owns 6.5%, EEB owns 5.6% and EPSA 2.2%.
- In 2006 the "reach" of the network was increased 20% from 2005.
- Colombia is a net power exporter. In 2006, exports capacity for Ecuador was 336 MW, and 285 MW for Venezuela.
- The construction of a transmission line with Panama (“Puebla Panama Plan”), linking the country to Central America, is carried out by ISA and ETESA, and is expected to be on line in 2010.
- In 2006, the number of attacks on tension lines of 110 kV or more increased by 31.7%, totalling 133 by the end of the year.
a- Currently there are 28 commercializing companies in the country. 22 firms are engaged in
distribution and wholesale operations. While 8 firms have vertically integrated generation, distribution and wholesale operations and 3 firms run completely integrated activities.
- The total number of customers in 2006 was 8,779,000, a 2.6% increase from 2005.
- Total market transactions in 2006 totalled $2,848.4 million; of which 31% was related to the energy exchange, Bolsa, and 69% to contracts.
- The average price of energy in Bolsa was 0.036115 $/kWh. The lowest price, 0.026491 $/kWh, was registered in June; the highest, 0.063896 $/kWh, was registered in October.
- In 2006, the average price of energy was 0.035619 $/kWh, a 1.7% increase over 2005.
Customers who bought this item also bought
Energy Generation Equipment and Transmission Services in Italy: A Strategic Reference, 2006
The World Market for Transmission & Distribution Equipment & Systems
Electricity Suppliers of the World - Generation, Transmission, Distribution and Supply
Electricity Transmission and Distribution in China
Energy Generation Equipment and Transmission Services in Greece: A Strategic Reference, 2007
Indian Power Sector (2006)
Electricity Generation, Transmission and Distribution in Eastern Europe
Electricity Generation, Transmission and Distribution in Latin America
Distributed Solar Energy Generation
China Energy Sector Analysis
Electricity Generation, Transmission and Distribution in the Far East and South East Asia
Nanotechnology: Micro Generation Of Energy Stored in Thin Film Batteries World Energy Market Shifts, Forecasts, and Strategies, 2007-2013
|
|
|
|
