IAHL Corporation (IAHL)

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Renewables take time to develop and therefore cannot immediately start meeting the country’s electricity demands. To lower emissions in the meantime, the country can turn to natural gas as a transition energy source, says Tomás González, CREE’s director and a former minister of Mines and Energy. Emissions per unit of energy from natural gas are 40% lower compared to coal, which Colombia is using to power some energy plants, and also emits up to 20% less than oil, which is ubiquitous in the transport sector. According to González, Colombia’s energy transition strategy should include a gas production increase of 50% by 2040, and then shrink to around half of what it is today by 2050, when new renewables can take on a larger generating capacity.