BMI View: Colombia turns to hydroelectric sources of power for the majority of its electricity requirements, and while this strategy suffices in times of abundant rainfall, it does leave Colombia vulnerable to outages in dry years. In terms of diversification, the regulator CREG has plans to construct a liquefied natural gas re-gasification plant on the Atlantic coast, and this could create opportunities for increased gas-fired power. While the electricity interconnection between Panama and Colombia has been put to one side, talks have begun between Colombia and Venezuela to improve existing and create new electricity interconnections, which create opportunities for investment. …
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