Energías renovables
7 Estrategic actions that are in the way
Colombia is firmly committed to renewable energy, supported by a robust ecosystem, modern regulations, and a long-term vision for sustainable development.
Contenido del acordeón
Tax benefits for blue hydrogen and green hydrogen projects. Competence to FENOGE to finance and implement projects.
Promotion of carbon capture, utilisation and storage technologies.
Electric vehicles will have benefits that promote electric mobility.
Resolution defining hydrogen as a zero-emission fuel.
Actions that encourage the transition to zero- and low-emission technologies.
CONPES 4075 on Energy Transition and the PND 2022-2026 promote hydrogen competitiveness and establish actions to achieve carbon neutrality by 2050.
This policy promotes actions for the development of production, storage and distribution infrastructure for low-emission hydrogen projects and its derivatives.
Exclusion of VAT on goods and services for the use of FNCE and destined to energy efficiency projects.
Income tax deduction of up to 50% of the investment made in the following 15 years.
Exemption from tariff payments for goods not produced by domestic industry.
Declaration of public utility and social interest in green hydrogen projects.
Beneficiaries of the accelerated depreciation scheme for assets.
25% discount on rent for investments in environmental control, conservation and improvement.
Exempt income for the sale of electricity generated with FNCE.
To develop lines of research on Energy Transition issues.
Source: Ministry of Mines and Energy; ProColombia; Law 1715 of 2014 (amended by Law 2099 of 2021 and Law 2294 of 2023)
Bogota – Cundinamarca
Bogotá Region: A leading renewable energy hub
Bogotá-Region has strong potential for energy generation, thanks to its abundant solar, hydro, biomass, and geothermal resources, even surpassing the global average.
Annual energy demand is projected to grow by 3% by 2025, requiring 1,800 MW in distributed generation.
Ten municipalities are authorized for the development of renewable energy projects, with a primary focus on solar energy. The first project will be implemented in the municipality of Guatavita.
The transmission network is already completed, and ambitious expansion plans are currently underway to further strengthen the region’s energy infrastructure.
Source: UPME.
Solar energy potential map – Colombia
Bogota-Region is a strategic location for solar and biomass energy projects.
Thanks to its high levels of ultraviolet radiation (UVR), the region ensures greater energy efficiency.
Source: IDEAM.
Bogotá Region is working to become a national leader in the energy sector:
Alignment of the Development Plan with climate action, circular economy, and green growth goals.
80% of Bogotá’s waste is not yet utilized. The UAESP aims to generate energy from bioethanol, biomass, and biogas starting in 2026.
The city’s urban structure is favorable for solar energy projects, especially distributed generation and energy communities.
The growth of renewable energy projects in Bogotá is driving employment, generating high-quality, value-added job opportunities.
Colombia, is a strategic player in latam with exceptional renewable resources, abundant coal and natural gas reserves, its geographical location and a regulatory framework
Exceptional renewable resources
Average wind speed of 9 m/s (2 times the world average).
Solar radiation +60% of world average.
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Geographical location
Privileged in the center of the continent.
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Colombia is located in a strategic geographical enclave. Colombia is the nexus between Central and South America and is linked by transport, distribution and trade networks with five other countries. It has an electricity network interconnected with neighbouring countries that will be extended in the next decade with an additional interconnection with Ecuador and a new line with Panama. Colombia also has a natural gas pipeline network of more than 7500 km in length and a distribution network that supplies a national demand of 911 MPCD18.
Abundant coal and natural gas reserves
To produce low-emission hydrogen.
Regulatory framework and politically stable
Colombia is a country committed to reducing its emissions by 51% by 2030.
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Source: Ministerio de Minas y energía.
The rules of the attraction
Colombia has an attractive legal framework for energy investments
Contenido del acordeón
50% income tax deduction on the investment made in the project certified by the UPME.
Accelerated depreciation maximum 33.3% per annum.
Exclusion of VAT on goods and services for the use of FNCER (Non-Conventional Energy Source) and for GEE (Energy Efficiency Management) projects.
Exemption from tariff payments for goods not produced by domestic industry destined to renewable energy projects
25% rent rebate for investments in environmental monitoring, conservation and improvement.
Exempt income tax from the sale of electricity generated with renewable energy.
Ensure that at least 10% of wholesale agents’ energy purchases are from Renewable energy.
A Background for Bogotá and Cundinamarca
Bogota-Region has a high energy generation potencial with abundant solar, water, biomass and geothermal resource
High energy generation potential with abundant solar, water, biomass, and geothermal resources, exceeding the world average.
Annual energy demand is expected to grow by 3% by 2025, requiring 1,800 MW of distributed generation.
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Ten municipalities will offer spaces for the development of renewable energies, prioritizing solar energy, starting with the project in the municipality of Guatavita.
The transmission grid has been completed and there are ambitious expansion plans in place.
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