Colombia Power Q4 2018
Colombia’s power sector will remain vulnerable to deficits during periods of drought as it continues to depend onhydroelectric power to supply more than 70% of its demand. The government’s plans to develop non-hydroelectric renewablepower sources and expand the national grid into areas with high potential for solar and wind-generated power will presentinvestment opportunities in the coming decade. While this offers an upside risk to our forecasts, we maintain our view thatColombia’s power sector will require considerable investment in order to avoid deficits.
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