Key Market Indicators
Colombia's renewable energy generation is projected to experience significant growth over the next five years. According to recent data, the country's renewable generation is expected to reach approximately 3.9 terawatt-hours by the year 2028, up from around 3.1 terawatt-hours in 2023. This represents an annual compound growth rate of 3.5%. Historically, Colombia's renewable energy supply has demonstrated a robust upward trend. Since 1980, the country has seen an average annual increase of 7.4% in its renewable energy output. This consistent growth underscores Colombia's ongoing commitment to expanding its renewable energy capabilities.
