Colombia’s government has introduced a new pricing mechanism for electricity on the country’s energy exchange, aiming to stabilize prices. Under the new rules, plants with low operating costs, such as those powered by coal, hydro, solar, and wind, will face significantly lower price caps. In contrast, high-cost plants using natural gas, diesel, or imported fuels will continue to operate under traditional scarcity pricing. This approach is designed to prevent price hikes for cheaper energy sources while ensuring stability in the electricity market.
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