An analysis of the economic consequences of the lack of coverage of non-conventional renewable energy in Colombia
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Abstract
One of the challenges of the Non-Conventional Renewable Energy market in Colombia is to guarantee power supply to remote regions. Although the country has presented initiatives for the promotion of renewable energy, there are regions which do not have access to power supply yet. The lack of energy infrastructure and supply causes issues in terms of the number of users receiving the service, industrial development and environmental conditions affecting competitiveness in the regions. This article presents an analysis of the consequences of the lack of energy coverage in remote areas of the country. The authors developed a simulation model which they used for the analysis of data, in order to understand and suggest political options to the implications of the lack of power supply. According to the results, it has an impact on the competitiveness indexes of a country or region, which prevents the appropriate use of non-conventional energy technologies, such as sun, biomass and wind energy.
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