Title: Effects of electricity market regulations on the promotion of non-conventional energy sources in Colombia's power mix

Authors: Adriana M. Valencia

Addresses: University of California, 310 Barrows Hall, Berkeley, CA 94720–3050, USA

Abstract: This article investigates the regulations and incentives that hinder the development of non-conventional energy sources in Colombia. To this end, the article first discusses the environmental, health and financial benefits to be had from the application of renewable energy sources, both in general terms and in the specific Colombian context. It then describes the available energy resource potential for Colombia. The main part of the article reviews existing Colombian energy regulations related to renewable power sources and provides insights from interviews with representatives of Colombia|s public and private energy sector institutions. On this basis, suggestions are made for possible regulatory reform so that Colombia can make greater use of non-conventional energy sources.

Keywords: electricity markets; energy regulation; non-conventional power; alternative energy; renewable energy; policy incentives; Colombia; environmental benefits; health benefits; financial benefits; regulatory reform; public policy.

DOI: 10.1504/IJPP.2009.021548

International Journal of Public Policy, 2009 Vol.4 No.1/2, pp.76 - 99

Published online: 30 Nov 2008 *

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