As Glencore leaves Colombia, the country starts its energy transition

Colombia's Ministry of Energy and Mines reported another undertaking that targets making news strides towards decarbonizing the country's electrical lattice. Through its Mining-Energy Planning Unit, the Ministry delivered a call for proposition to make the country's first battery stockpiling framework, which ought to have a limit of 45 MWh and would be introduced in the northern Atlántico Department. Pursue THE ENERGY DIGEST In detail, the framework would be situated in the city of Barranquilla and the thought is that it gives power to in any event one hour when the office's electrical matrix fizzles. THE CALL FOR PROPOSALS FOR THE BATTERY STORAGE SYSTEM WAS MADE IN THE SAME WEEK GLENCORE SAID IT WILL HAND ITS COAL MINING CONTRACTS BACK TO THE REPUBLIC OF COLOMBIA "This specific venture tries to abstain from turning to producing power locally and persuasively – which can be more costly when transmission lines fizzle," the Planning Unit said in a media explanation. As per the public authority office, this is the principal call for recommendations of this sort both in Colombia and in Latin America. Albeit at first the energy stockpiling framework would be associated with the current 34.5-kV-El Silencio substation, the thought is that at last it is utilized to store the force created by some wind and sun powered tasks that have just been arranged and that are to produce 2500 MW of power each year. The public authority's call for proposition was introduced in the very week that Glencore (LON: GLEN) reported that its Colombian unit will hand its mining contracts back to the Republic of Colombia. As indicated by the digger and items dealer, a survey found that its two coal mineshafts in the South American nation, Cerrejón and Calenturitas, were uneconomic to recommence activities. Glencore said its auxiliary Prodeco has just begun the deliberate excess program and its mines will stay on consideration and upkeep until the conventional interaction of surrendering the agreements is finished.