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The inclusion of battery energy storage systems in Colombia’s upcoming long-term auction shifts the debate from technology to revenue structure, raising concerns over project finance viability and bankability under the current regulatory framework.
The new framework allows independent aggregators to combine demand, generation and storage to participate in electricity markets, strengthening demand-side response and supporting renewable energy integration in line with EU Directive 2019/944.
Energy consultants say the Federal Electricity Commission’s mixed contracts could accelerate project delivery and unlock investment in renewables and grid infrastructure, as electricity demand is set to rise 3–5% annually.






