Renewables for supporting supply adequacy in Colombia

This paper aims to provide a better understanding of the impact of the rapid and large-scale inclusion of renewables in electricity markets. This depends significantly on the initial technology composition of each market. For instance, when there is a large hydroelectricity component, with significant reservoir capacity (i.e., storage capability that behaves as a battery to the system), the inclusion of renewables can apparently be achieved more quickly, and further it seems that a secure and low-cost transition to a 100% renewable power system can be achieved. A computational model was implemented for policy analysis of alternative capacity expansion scenarios, particularly seeking supply adequacy in the Colombian electricity context. This paper concludes that by 2035 a 100% renewable power system is feasible in Colombia, and that the complementarity between hydro, solar and wind energies is key for achieving supply adequacy – and without the need for fossil fuel facilities as a backup.

• Tipo de recurso: Article of journal
• Fecha de publicación: 2022
• Institución: Universidad de Bogotá Jorge Tadeo Lozano
• Repositorio: Expeditio: repositorio UTadeo
• Idioma: eng
• OAI Identifier: oai:expeditiorepositorio.utadeo.edu.co:20.500.12010/28042
• Acceso en línea: https://ideas.repec.org/a/eee/energy/v239y2022ipcs0360544221024051.html; http://hdl.handle.net/20.500.12010/28042
• Palabra clave: Renewables for supporting supply; Recursos energéticos renovables; Recursos naturales renovables; Transición energética
• License: Abierto (Texto Completo)