By Oliver Griffin
BOGOTA (Reuters) – Colombia’s majority state-owned power firm Ecopetrol is analyzing its potential direct participation within the Andean nation’s first-ever offshore wind public sale, the corporate stated in a press release to Reuters.
The federal government of President Gustavo Petro, Colombia’s first leftist chief, has stated it desires to wean the Andean nation from its dependence on fossil fuels whereas making certain power self-sufficiency.
Bidders within the public sale for concessions off the nation’s Caribbean coast are required to show some type of partnership settlement with a public or mixed-ownership firm – reminiscent of Ecopetrol – with the intention to be awarded a concession.
But it surely had not been identified whether or not Ecopetrol would search to qualify for the public sale course of as a bidder itself.
“Ecopetrol is finishing up the technical, financial and authorized analyses of its potential participation within the offshore wind public sale course of,” the corporate instructed Reuters in a press release in response to questions on its participation.
Potential non-public bidders will be capable of select from quite a lot of firms with public participation, power minister Andres Camacho instructed Reuters in December.
Public or mixed-ownership firms that later be part of non-public firm bids usually are not topic to analysis on the qualification stage beneath the phrases of the public sale.
A supply with data of the matter had instructed Reuters that Ecopetrol was exploring its personal qualification.
Public or mixed-ownership firms should qualify alongside different companies which have technical expertise, the corporate stated.
“The qualification stage requires Ecopetrol to take part collectively with a companion,” it stated within the assertion.
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Ecopetrol is speaking with numerous firms concerning potential partnerships to develop offshore wind tasks, the corporate stated, although it declined to call any companies it has spoken to.
Ecopetrol – the nation’s greatest oil producer – is participating in numerous forays into renewable power, reminiscent of inexperienced hydrogen pilots and powering its operations with photo voltaic power.
Offshore wind power represents a great alternative to include non-conventional renewable power into Ecopetrol’s operations, the corporate stated.
“Taking part within the offshore wind public sale will enable us to entry dependable renewable power to leverage the entry of inexperienced hydrogen tasks and their derivatives,” the assertion added.
The public sale course of is being overseen by the federal government’s Nationwide Hydrocarbons Company (ANH) and the registration deadline is June 21.
