New measures to cut back vitality charges in Colombia – 2024-06-26 19:35:31

by times news cr

2024-06-26 19:35:31

The Ministry of Mines and Power and the Power and Fuel Regulatory Fee (CREG) have introduced a sequence of latest measures with the goal of decreasing electrical energy charges in numerous areas of the nation.

Earlier this month, an settlement was reached with seven vitality buying and selling corporations to cut back charges for house service on the Colombian Caribbean coast. The Ministry of Mines and Power has obtained alerts from different corporations excited about becoming a member of this initiative, suggesting that there’ll quickly be extra progress on this route.

In an announcement, the Ministry of Power stated: “The Ministry has obtained alerts from different corporations that additionally want to be part of these initiatives (to cut back tariffs) and new achievements on this regard will likely be introduced shortly.”

Among the many commitments made with customers on the Caribbean coast and different areas, is the definition of a brand new tariff framework. The regulatory measures and initiatives adopted with the CREG embrace:

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Reliability Cost Scarcity Worth, Evaluation of Adjustment Alternate options: The CREG, in its 1321st session, authorized the publication of doc CREG 901 098 of 2024. This doc seeks to outline the alerts within the most shortage costs for every technology expertise. This ensures that customers don’t pay larger costs than technology vegetation once they can ship their vitality at low costs.

CREG Decision Mission 701 038 of 2024: This commonplace establishes the remuneration for the exercise of promoting electrical vitality to regulated customers within the Nationwide Interconnected System. The prices reported by the agent are disaggregated, the acknowledged prices are affected with an effectivity mannequin, service high quality incentives are built-in, the portfolio danger premium is up to date and the variables are up to date to supply liquidity to the market.

Draft Decision CREG 701 049: This challenge seeks to confirm and alter the utmost value of the inventory market in order that it by no means exceeds the technology value of the final thermal plant dispatched. This measure goals to cut back the costs of the technology part of the speed to the tip person.

Minister Andrés Camacho emphasised the significance of those actions by stating: “It’s arduous work that seeks to reply to the Nationwide Authorities’s dedication to tariff justice. With measures, efforts and dialogue, we advance in measures that make it attainable to reply to the discount of vitality prices for customers.”

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