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Colombia: electrification could avoid $190mn in gas imports by 2030

A report forecasts that improved industrial energy efficiency and residential electrification could significantly reduce Colombia’s need for imported gas by 2030.

Colombia: electrification could avoid $190mn in gas imports by 2030

SectorGaz, Mobilité, Gaz naturel
ThemeMarchés & Finance, Analyse sectorielle

Colombia could reduce its growing dependence on natural gas imports by 2030 by investing in energy efficiency and the electrification of household uses, according to a new joint study conducted by Transforma and Ember. The country, facing a projected supply deficit of 14,556 Giga British Thermal Units (GBTU) by 2030, would risk increased vulnerability to international gas price fluctuations if no demand reduction measures are implemented.

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