Wind Energy in Colombia

A Framework for Market Entry

Walter Vergara, Alejandro Deeb, Natsuko Toba, Peter Cramton, Irene Leino, Philippe Benoit

• Publisher: World Bank Publications
• Year: 2010
• Topic: Business
• eBook ISBN:
  9780821385081
• Subtopic: Energy Industry
• Index: Business

The wind regime in Colombia has been rated among the best in South America. However, under the current circumstances, and on its own, the interconnected system would not likely promote wind power. This report is targeted to analysts, planners, operators, generators and decision makers in Colombia and other countries in the region and provides a set of policy options to promote the use of wind power. The potential instruments assessed in this study include financial instruments, government fiscal mechanisms, and adjustments to the regulatory system. The single most effective policy instrument to promote wind power in Colombia consists on valuing the firm energy offered by wind, its potential complementarity to the hydrological regime and enabling wind power an access to reliability payments.

Table of contents

• Title
• Copyright
• Contents
• Preface
• Acknowledgments
• Acronyms and Abbreviations
• Executive Summary
• CHAPTER 1 Introduction
• CHAPTER 2 CHAPTER 2 Summary of Findings from First Stage Report: Nonconventional Renewable Energy Barrier Analysis
• CHAPTER 3 Cost Comparison of Alternative Power Sources Based on the Expansion Plan for 2008–2025
• CHAPTER 4 Wind Power Costs Outlook
• CHAPTER 5 Wind and Hydro in Colombia: Complementarity Analysis
• CHAPTER 6 Options to Aid Market Entry of Wind Energy in the Country’s Power Mix
• CHAPTER 7 Assessing the Effectiveness of Policy Instruments and Policy Options: Impact on a 300 MW Wind-Powered Power Plant Operating in the Wholesale Energy Market
• CHAPTER 8 Conclusions
• References
• Appendixes