Summary of Private Sector Participation
Colombia has had a liberalized energy market since 1995. The sector is characterized by an unbundled generation, transmission, distribution, and commercialization framework.
With 66 registered electricity producers, private companies own 60 percent of the installed generation capacity and account for 43 percent (measured in number of consumers) to 49 percent (measured in kWh sales) of energy supplied to the interconnected grid. Transmission is carried out by seven different public companies, while distribution and commercialization are in the hands of over 60 companies, both public and private.
| Activity | Private participation (%) |
|---|---|
| Generation | 60% |
| Transmission | 0% |
| Distribution | n/a |
Read more about this topic: Energy In Colombia
Famous quotes containing the words summary and/or private:
“Product of a myriad various minds and contending tongues, compact of obscure and minute association, a language has its own abundant and often recondite laws, in the habitual and summary recognition of which scholarship consists.”
—Walter Pater (18391894)
“Municipal laws are a supply to the wisdom of each individual; and, at the same time, by restraining the natural liberty of men, make private interest submit to the interest of the public.”
—David Hume (17111776)