Juan Antonio Rozas

Colombia’s progress in renewable energy Carlos Correa Flórez, Director of the Unit of Mining and Energy Planning (UPME), opened the “Colombia Toward a Sustainable Energy Future” forum by outlining the nation’s advancements in energy transition. He emphasized the relevance of infrastructure, stating, “the energy transition is key to mitigating climate change, but it cannot succeed without robust transmission infrastructure,” La Republica reported. Correa highlighted the government’s action plan with the slogan, “Without transmission, there is no transition.” This initiative has led to significant progress in transmission system upgrades, with the awarding of multiple transmission contracts to boost energy distribution across the country... #renewableenergy #renewablenergy #renewablepower #energyindustry #epowercolombia #energy

Data compiled by BloombergNEF shows increasing competition for power purchase agreements https://shorturl.at/uoQBa #EnergíaLimpia #AcuerdosDeCompraDeEnergía#CompetenciaEnergética #BloombergNEF#EnergíaRenovable #Sostenibilidad #MercadoEnergético

The publication discusses YPF's recent move to divest 15 conventional oil and gas fields, grouped into six clusters, across various provinces in Argentina. The company has signed agreements with several operators, including Petróleos Sudamericanos, Petroquímica Comodoro Rivadavia, Velitec, PECOM, Bentia Energy, and Ingeniería Sima. These agreements are contingent upon approval from the respective provincial governments. The divestment process, initiated in February, aims to streamline YPF's portfolio and focus on more profitable unconventional assets. The high number of bids received highlights the attractiveness of the offer. The move aligns with industry best practices, as large companies like YPF often find it less efficient to operate mature fields, leaving them to smaller operators who can continue production.

🇦🇷 #Argentina: President Javier Milei's recent tour highlighted his focus on boosting Argentina's energy sector, particularly through shale gas region Vaca Muerta. The new #LNG plant in Río Negro, part of a joint venture between state controlled YPF and PETRONAS, reflects his push for major energy exports. Milei criticized former President Kirchner's decision to halt gas exports to #Chile, which he argues damaged Argentina's reputation and economic stability. In Santiago de Chile, he reinforced his commitment to free-market principles, promising to restore Argentina’s credibility and attract global investment. Praising Chile's consistent economic policies, Milei stressed that leveraging Argentina’s energy resources can drive significant growth and energy independence, contrasting sharply with previous administrations. "Milei tours Vaca Muerta and Chile with a focus on energy investments" https://lnkd.in/d-W3RR26

🔉#Uruguay stands at the cusp of a significant opportunity in the international #greenhydrogen market, according to a recent report by the #Energy and Sustainable Development Observatory of the Catholic University of Uruguay. 👉 FOLLOW H2 EnergyNews.biz 👈