By Mauricio Torres According to a recent publication on Platform X by Dr. Adrián Correa, Director of the Mining and Energy Unit (UPME), as of July 2024, Colombia has an installed capacity of 1,820 GW of renewable energy (solar and wind) connected to the grid. Of...
Energy Law (Legal News eng)
February Newsletter 2024
Tax treatment of foreign companies with significant economic presence – PES As of January 1, 2024, the provisions of Law 2277 of 2022, regulated by Decree 2039 of 2023, will be implemented with respect to non-residents with significant economic presence (PES) in...
Energy and Gas Regulatory Commission (CREG) Arbitration Award – Resolution 501 001, dated January 20, 2023
COMMENT In exercise of the arbitration powers granted by paragraph (p) of Article 23 of Law 143 of 1994 and regulated by CREG Resolution 067 of 1998, the CREG defined the dispute between the company CENTRAL HIDROELECTRICA DE CALDAS S.A. E.S.P. – CHEC as Network...
New Measures to Control Energy Prices in Colombia
On September 16, 2022 the government announced the following specific measures, to be implemented as of November 2022, to contrul the rising prices resulting from workshops with different actors in the sector: Draft resulution 701 017, for a 12-month period....
One step closer to Energy Transition in Colombia
The Colombian Senate has passed Bill 365 of 2020 establishing new mechanisms and goals for energy transition in the country and aiming at a safe way to transition from traditional energy sources to the use of renewable resources. The three main pillars of Law 365 of...
New guidelines for tax incentives on renewable energy
By Gabriela Mancero and Andres Felipe Gomez Peña Mancero Lawyers November 24, 2015 To promote the so-called non-conventional energy sources, the Ministry of Mines presented the decree 2143 of 2015 which regulates tax incentives from the investment in Conventional...