Government of Colombia issues decree with new regulations on geothermal exploration and exploitation

By : Franyi Sarmiento, Ph.D., Inspenet, July 29, 2022

The National Government of Colombia, through the Ministry of Mines and Energy, has established new decrees that provide an institutional framework for the development of the hydrogen market and has established procedures for requesting geothermal exploration and exploitation permits.

Articles 14, 15, 21 and 23 of the Energy Transition Law have been issued. In addition to defining the permitting process and requirements, the new decree also establishes the geothermal registry, where permits for geothermal exploration and exploitation will be registered.

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The details of the registry include the duration of the permits, the activities included in the exploration and exploitation phases, the information that the developer must report, the rules for the overlapping of projects and the sanctioning regime.

The regulation will provide legal certainty to the development of geothermal energy generation projects, thus providing security to investors.

The new regulation also includes guidelines for the development and export of zero and low-emission hydrogen in Colombia. In addition, it defines the powers and responsibilities of the different ministries in this new market segment.

This material from the PiensaGeotermia portal has been edited for clarity, style and length.

Source : https://www.piensageotermia.com/colombia-establece-nuevas-regulaciones-sobre-exploracion-y-explotacion-geothermica/