Wind Energy in Colombia: A Framework for Market Entry

Wind Energy in Colombia: A Framework for Market Entry book cover

Wind Energy in Colombia: A Framework for Market Entry

Author(s): Walter Vergara (Contributor), Alejandro Deeb (Contributor), Natsuko Toba (Contributor), Peter Cramton (Contributor), Philippe Benoit (Contributor)

  • Publisher: World Bank Publications
  • Publication Date: 7 July 2010
  • Edition: Illustrated
  • Language: English
  • Print length: 120 pages
  • ISBN-10: 0821385046
  • ISBN-13: 9780821385043

Book Description

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.

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