Colombian Energy Minister: Latin America eyes 70% of renewable energy by 2030

Sep 26, 2019 – Latin American countries have set a joint renewable energy goal at 70% until 2030, more than twice as large as the European Union’s plans, Colombian Energy Minister Maria Fernanda Suarez told Reuters.

“It’s the most ambitious goal in terms of a global region. Right now nine countries in the region have agreed to this plan and we will continue to get more countries to be part of this goal ahead of the upcoming (UN Climate Change) summit,” she said and added that the European Union‘s target for renewable energy is 32%

Chile, Peru, Ecuador, Costa Rica, Honduras, Guatemala, Haiti, the Dominican Republic, and Colombia are already participants of the pact. Panama and Brazil are still evaluating the possibility of participation. Colombia intends to add 4 GW of renewable energy to the regional target of 312 GW in 2030.

“The introduction of viable renewables, meaning wind, solar, biomass or other clean energy, is the first priority,” said Suarez and added that about 70% of electricity in Colombia is already generated by hydropower plants, but the country aims to rapidly increase the share of solar and wind energy to 9% (1.5 GW) by mid-2022.