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Modernizing Colombia’S Electricity Market For The Energy Transition: Flexibility, Resilience, And Co

the World Bank Colombia has Released a tender for Modernizing Colombia’S Electricity Market For The Energy Transition: Flexibility, Resilience, And Co in Consultancy. The tender was released on Feb 28, 2025.

Country - Colombia

Summary - Modernizing Colombia’S Electricity Market For The Energy Transition: Flexibility, Resilience, And Co

Deadline - Mar 17, 2025

GT reference number - 104155607

Product classification - Research and development services and related consultancy services

Organization Details:

  Address - Colombia

  Contact details - 565656565

  Tender notice no. - 76454545

  GT Ref Id - 104155607

  Document Type - Tender Notices

Notice Details and Documents:

Description - Description: Colombia’s electricity market, restructured in 1994 through Laws 142 and 143, transitioned from a state-controlled model to a competitive framework with unbundled activities, regulation by the CREG, and the creation of the Wholesale En ergy Market (MEM). While this model has been recognized for ensuring supply reliability and attracting investment, it now faces significant challenges in the context of the energy transition. Integrating non-conventional renewable energy sources (FNCER), incorporating technologies like storage and smart grids, and addressing tariff equity require substantial regulatory changes to ensure the system’s flexibility, resilience, and sustainability.

Gt Ref Id - 104155607

Deadline - Mar 17, 2025

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