The Nationwide Hydrocarbons Company of Colombia is getting ready for Colombia’s first spherical of geothermal power auctions by the 2nd quarter of 2024.
Orlando Velandia Sepúlveda, President of Colombia’s Nationwide Hydrocarbons Company (Agencia Nacional de Hidrocarburos/ANH), has introduced that Colombia will conduct its first spherical of auctions for geothermal power initiatives by the second semester of 2024. The particular areas that will probably be put up for the tender haven’t been recognized but, as this is a component that’s nonetheless below examine by the Colombian Geological Service.
Velandia Sepúlveda, nevertheless, talked about that there’s vital potential within the western mountain vary, corresponding to within the municipalities of Paipa and Iza in Boyaca. “We’re going to look in these areas to see if the potential will permit it, however there are firms which have knocked on our doorways to say, when will geothermal power come?” he added.
“We’ve made quite a lot of progress and we’re seeing what will probably be like. This isn’t a sort of supply like with different photo voltaic and hydro energies, this has its particularities and we’re working. However the problem that Minister Andrés Camacho left us is that this yr, within the second semester, we’re launching our first spherical of geothermal power,” stated Velandia, emphasizing that the company is working with the Geological Service and have invested a major quantity of its sources in figuring out the geothermal potential of Colombia.
“It’s a problem that we’ve got to have the ability to make the most of our potential, it is a gigantic job that the Ministry is main, clearly with the companies and the Colombian Geological Service. We’re engaged on all fronts,” stated Velandia Sepúlveda.
“…these of us who’re geologists know that we’ve got [the potential], however we’ve got to quantify them, we’ve got to delimit them and, after we name on events, have the ability to say what the potentials actually are.”
Colombia presently solely has one geothermal energy facility working – the 100-kW geothermal energy unit by Parex Assets. Earlier this yr, Parex was awarded a license for a geothermal energy venture in Casanare. State-owned petroleum firm Ecopetrol can be actively pursuing geothermal improvement with drilling of a pair of wells deliberate in Caldas.
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