6th
largest coal exporter in the world
≡ Menu ≡
This analysis includes a comprehensive Colombia energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2021 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
Immediate by e-mail
Price without VAT. Depending on your statute and location, VAT might be applicable. Get in touch with us for more information.
Highlights
6th
largest coal exporter in the world
+4 GW
of hydro capacity since 2010
90%
reduction in GHG emissions by 2050
Abstract
Institutions & Energy Policy
The energy sector is under the responsibility of the Ministry of Mines and Energy (MME). UPME (Mining and Energy Planning Unit) is a special administrative unit of MME in charge of coordinating the planning of the sector.
Energy Supply
Gas:
The production of natural gas increased slightly -by 2%- in 2021 (12 bcm) after a 12% drop in 2020. Previously, it had remained stable since 2015 at around 14 bcm.
Energy Prices
Oil:
The prices of gasoline and diesel increased by around 10% in 2021 to US$0.91/l and US$0.66/l, respectively. A 2008 decree established a fund for the stabilisation of the fuel prices charged to final consumers (FEPC), which has accumulated a large amount of money due to relatively high prices in the country.
Energy Consumption
Per capita consumption is around 0.8 toe, including 1 500 kWh of electricity (2021).
Total energy consumption increased in 2021 to 39 Mtoe (+5%) after a 15% drop in 2020. Previously, it had fluctuated around 39-44 Mtoe between 2015 and 2019.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Issues & Prospects
According to the National Energy Plan 2020-2050, energy demand will increase by 21 to 28% by 2050, with electricity and gas consumption increasing faster than oil consumption. Most of the electricity consumption rise will be linked to an increasing use of wind and solar technologies.
Below is a list of the Colombia energy market report graphs:
In the Colombia energy market report you will find the following tables:
The Colombia energy market data since 1990 and up to 2021 is included in the Excel file accompanying the Colombia country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
The Colombia country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
Secured payment by