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Colombia Launches First Geothermal Auction

Unleashing Colombia's Geothermal Potential: A Step Towards Sustainable Energy By: Robert Buluma Colombia, renowned for its natural beauty and diverse landscapes, is gearing up for a groundbreaking endeavor in the realm of sustainable energy. In an announcement that reverberates with promise, the Agencia Nacional de Hidrocarburos (ANH) disclosed plans for the nation's inaugural geothermal round and auction slated for the latter half of 2024. The significance of this initiative cannot be overstated. It represents a pivotal stride towards harnessing Colombia's untapped geothermal potential, a move poised to redefine the country's energy landscape while championing environmental sustainability. Orlando Velandia Sepúlveda, President of ANH, underscored the magnitude of this endeavor, citing it as a concerted effort to capitalize on Colombia's inherent strengths. Collaborating seamlessly with the Ministry and the Servicio Geológico Colombiano, ANH has embarked on an exhau