Brazil

Colombia faces a potential energy deficit by 2027, largely due to delays in the Hidroituango dam project.Expert Santiago Arango Aramburo, speaking with Sputnik, highlighted this risk, emphasizing the importance of timely project completion.Since Hidroituangos 2018 emergency, concerns about the countrys energy future have grown.The project, critical for meeting 17% of national energy needs, was initially set to start in 2018.Empresas Pblicas de Medelln, in charge of Hidroituango, aims to activate four turbines by November 30, generating 1,200 megawatts.The goal is to operationalize the project with eight turbines by 2027 fully.
This year is pivotal, not just for Hidroituango but also for other essential energy projects across Colombia.Research from the National University of Colombia in Medelln has outlined five energy scenarios.The best scenario involves completing 362 planned projects, providing 19,234 megawatts.
Hidroituango is key in these plans, greatly influencing Colombias energy capacity.Even if all goes as planned, an energy deficit is projected by 2034 due to increasing demand and potential climate issues.Colombias Looming Energy Crisis by 2027.
(Photo Internet reproduction)A more immediate deficit from 2033 is foreseen if only conflict-free projects are completed.
Excluding Hidroituangos second phase brings the deficit forward to 2030.The most concerning scenarios predict deficits as early as 2027, with significantly lower energy capacities.Solar energy emerges as a solution, but it faces challenges in storage, operation, and costs.Arango Aramburo calls for proactive measures to prevent these scenarios.He underscores the importance of the upcoming reliability charge auction, determining key energy supply projects from 2027 to 2028.Any delays could negatively impact sector investments.
Continuous project monitoring, implementation, and transmission network expansion are essential.Particular focus is needed in areas like Choc and the Caribbean, where unresolved conflicts and high unmet demand persist.





Unlimited Portal Access + Monthly Magazine - 12 issues


Contribute US to Start Broadcasting - It's Voluntary!


ADVERTISE


Merchandise (Peace Series)

 


Peru's Companies in 2025: Reputation and Risk Take Center Stage


Peñico: Peru's 3,500-Year-Old City Sheds Light on Ancient Trade and Survival


[Brazil] - Left-Wing Activism Linked to Sharp Rise in Antisemitic Incidents in Brazil


Conservative Momentum: Kast Emerges as Main Rival to Chile’s Communist Bid


Chinese Cars Flood Mexican Market, Creating Record Trade Gap


Chile’s Startup Surge Stalls as Regional Rivals Gain Ground


[Brazil] - BRICS Summit in Rio: Few Leaders, Vague Statements, No Major Moves


[Brazil] - Brazil's Trade Surplus Shrinks as Imports Rise and Export Prices Fall


[Brazil] - Brazil and China Move to Unlock Uranium Potential With New Mining Partnerships


[Brazil] - Modi's Brazil Visit Shows BRICS Wants More Control Over Trade


[Brazil] - Brazil's Industry Struggles as High Interest Rates Hurt Confidence


Brazil’s Workers’ Party Faces Crucial Vote as Over 1.6 Million Members Choose New Leader


Football Games for Sunday, July 6, 2025: Match Schedule and Live


A.I.'s Imperial Quest: Echoes of the East India Company's Ruin


Football Games for Saturday, July 5, 2025: Match Schedule and Live


[Brazil] - Dollar Holds Firm Against Real as IOF Uncertainty and Weak Trade Data Shape Market


Brazil’s B3 Sets New Record the Second Day in a Row on July 4


Crypto Market Enters Q3 with Cautious Stability Amid ETF Shifts and Altcoin Volatility


Latam Airlines Overtakes Lithium Giant as Chile's Most Traded Stock


Nile Basin Tensions Rise as Ethiopia Completes Africa’s Largest Hydroelectric Dam


Venezuela Begins Making Russian Ammo: Why This Factory Matters


Copa Airlines Grows Routes, Strengthens Panama’s Position as Key Connector in the Americas


LatAm’s Longest Overwater Bridge Project in Brazil Faces Hurdles


Gold Holds Firm as Market Eyes U.S. Policy and Global Risks


[Brazil] - Brazilian Real Strengthens as Commodities and Policy Shape Market


Bitcoin Holds Above 109,000 as ETF Inflows and Technicals Steady the Market


Ibovespa Sets New Record as Commodities and Wall Street Drive Gains


[Brazil] - Petrobras Launches Major $5 Billion Drive to Boost Diesel and Jet Fuel Output in Rio


[Brazil] - Mercosur: Milei's Iron Curtain Speech, the Clash with Lula, and What's at Stake


Big Beautiful Bill Passes House, Leading to the Largest Tax Cut in American History


[Brazil] - Huge Deals, Fewer Moves: Brazil&& s M A Market Shifts in 2025 Brazil's mergers and acquisitions market in 2025 is seeing larger offers however less of them. Main figures show that the overall value of M&A transactions leapt 40% to


Pompeo Calls on Latin America to Decide Between U.S. and China


[Brazil] - Brazil's Navy Boosts Gulf of Guinea Security to Safeguard Trade Routes


Peso's Rally Pauses: U.S. Economic Strength Lifts Dollar Against Mexican Currency


Colombian Peso Extends Rally as Dollar Faces Renewed Pressure


Iron Ore Prices Surge as Supply Adjustments and Technical Breakout Drive Market


Breakout Above Key Averages Propels Silver Higher


Copper Maintains Upward Momentum with Steady Price Increases


Oil Prices Rise on July 2 as Geopolitical Tensions and Supply Data Drive Markets


Gold Defies Downward Pressure, Signals Renewed Buying Momentum


Dollar Slides to 11-Month Low Against Real as Commodities and US Data Shift Market Balance


Bitcoin Holds Above $109,000 as ETF Flows and Technicals Drive Market Action


[Brazil] - Brazil's B3 Falters as Fiscal Tensions and Banking Pressure Offset Commodity Gains