Rehabilitation and optimisation of hydropower in Colombia
Introduction
Colombia's energy mix rebalancing plan aims to increase solar and wind power and reduce the share of hydropower due to relatively limited storage capacity and the risk of drought.
In order to increase the share of solar and wind power, which have more irregular production, it is important to maintain and develop the current hydropower base.
Swedfund has been asked to contribute to Colombia's supply of flexible renewable energy production which will positively impact societal development and lead to to enable development for society and reduce carbon emissions in the energy system. The project includes a review of the status of five hydropower plants to strengthen the reliability and capacity of power generation.
Facts
SDG in Focus
No Poverty
End poverty in all its forms everywhere.
Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
Climate Action
Take urgent action to combat climate change and its impacts.
Value creation
Expected Impact
Contribute to Colombia’s access to flexible renewable power generation, thereby enabling an increasing penetration of renewable generation and economic development for society.