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Colombian Draft Decree Limiting the Amount of Renewable Energy Power Generators Can Allocate to Spot Contracts Raises Concerns of Violations of International Obligations

February 28, 2025

The Colombian Mines and Energy Ministry recently issued for public commentary a draft Decree proposing that renewable energy power plants' owners can sell no more than 5% of such energy in the wholesale market for immediate or near term delivery ("Draft Decree"). If enacted the Draft Decree could imply the violation of local and international obligations.

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