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Data & Statistics

Colombia: Installed Electricity Capacity and Generation [free access]

March 12, 2019

As of June 2018, Colombia had an effective installed generation capacity of 17,721 MW. Despite being South America's largest coal producer, coal-based power plants account for only 10 per cent of the country’s capacity. Almost 69 per cent of the installed capacity is based on hydroelectric sources and the remaining on natural gas and renewable energy resources.

 

Since 2014, the country’s installed capacity has grown at a compound annual growth rate (CAGR) of 3.12 per cent. The power generation segment has a good mix of state- and privately-owned companies, with about 50 per cent of the installed capacity in the hands of private generators. The top five power generators in Colombia are Emgesa, Empresas Públicas de Medellín (EPM), ISAGEN, Gecelca and Empresa de Energía del Pacífico (EPSA).

 

Table 1: Growth in installed electricity capacity (MW)

 

2014

2015

2016

2017

2018

Hydro

10,920

11,501

11,606

11,726

 12,258

Coal

1,172

1,348

1,356

1,369

  1,727

Gas and others

3,581

3,635

3,635

3,742

    3,736

Total

15,673

16,484

16,597

16,837

 17,721

Annual growth rate (%)

7.7

5.2

0.7

1.4

   5.3

 

Note: 2018 data is as of June 2018.

Source: Unidad de Planeación Minero Energética (UPME); Expertos en Mercados (XM); Sistema de Información Eléctrico Colombiano (SIEL or Colombian Electric Information System); Global Transmission Research

 

Between January 2018 and June 2018, 33,542 GWh of electricity was generated in the country. Based on this trend, the country’s generation is expected to have reached 67,083 GWh at the end of 2018. During the three-year period spanning 2014-17, power generation grew at a CAGR of only 1.2 per cent, from 64,328 GWh in 2014 to 66,667 GWh in 2017.

 

Figure 1: Growth in electricity generation (GWh), 2014-2018 

Note: The 2018 figure is estimated based on the actual six-month data provided till June 2018.
Source: Unidad de Planeación Minero Energética (UPME); Expertos en Mercados (XM); Sistema de Información Eléctrico Colombiano (SIEL or Colombian Electric Information System); Global Transmission Research