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Colombia Attracts Global Interest in Offshore Wind Energy Auction

Colombia’s first offshore wind energy auction has attracted global corporations, including firms from Belgium, the UK, China, and Spain. The initiative seeks to diversify energy sources, with plans for at least 1 gigawatt of capacity and a long-term goal of 7 gigawatts by 2040. The deposit submission deadline is set for the end of May, with project awards still pending a date.

Colombia has announced its inaugural offshore wind energy auction, which has garnered interest from international corporations eager to develop 69 offshore locations. This initiative was disclosed by the National Hydrocarbons Agency (ANH) and is part of President Gustavo Petro’s objectives to diversify Colombia’s energy portfolio and reduce dependence on traditional fossil fuels like oil and coal.

The list of interested entities includes firms from Belgium, the United Kingdom, China, and Spain, in addition to local companies such as Ecopetrol. Following the viability assessments of their proposals, successful applicants will be able to bid on preferred areas, with each potentially securing two projects.

The auction aims to establish a minimum capacity of 1 gigawatt through awarded projects, each expected to deliver no less than 200 megawatts. The comprehensive plan set forth by President Petro envisions achieving an impressive offshore wind capacity of 7 gigawatts by 2040.

While the overall schedule for this energy project remains unspecified, submissions for deposits will be accepted until the end of May. However, the precise timeline for awarding the projects has not yet been announced.

In summary, Colombia’s first offshore wind energy auction represents a significant step towards energy diversification, attracting global interest in its development. By aiming for a minimum capacity of 1 gigawatt, and a long-term goal of 7 gigawatts by 2040, this initiative will strengthen the country’s renewable energy sector while reducing reliance on fossil fuels.

Original Source: www.indexbox.io

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