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The Ministry for the Ecological Transition opens the design phase of a competitive process focused on floating offshore wind, incorporating non-price criteria, as industry players call for regulatory certainty amid a growing project pipeline.
CAMMESA received eight applications in a new round of the Renewable Energy Term Market, although only 50 MW have full, unrestricted evacuation capacity. Five of the eight projects are solar and are competing for space in corridors with technical limitations.
The new mechanism introduces technology-specific products, extends commissioning deadlines to 2035, and formally recognises energy storage as a core asset for power system reliability. The revised rules aim to correct past design flaws and attract new players to the Colombian electricity market.