Friday, May 15, 2020

National Development Plan And Green Growth Plan - 983 Words

Colombia’s energy sector is an important part of their sustainable development platform and their ability to reach success in the SDGs. Energy is a key part of the National Development Plan: creating effective energy infrastructure management within the National Development Plan and Green Growth Plan is important for Colombia’s growth Multiple different forms of energy, dirty and renewable, are in use in Colombia and each have their own challenges. Energy infrastructure is lacking in Colombia due to the FARC violence mentioned in earlier parts of this report; various attacks in the early 2000s were carried out against electric power plants which severely hinders the present Colombian energy sector (Lynch, 2003). There are a variety of†¦show more content†¦Despite the environmental damages that coal can cause, â€Å"Colombia was one of the first Latin American countries to implement legislation requiring environmental impact assessments (EIAs)† (Finkelman , 2006). Hydroelectric power is Colombia’s main source of energy, though it is not used so much as a sustainable, environmentally friendly energy alternative as it is an easy accessible and exploitable resource in the country. 70% of Colombia’s energy needs are supplied entirely by hydropower (International Hydropower Association, 2016). The Magdalena River basin is the largest resource for hydropower, holding over 60% of the country’s total capacity (International Hydropower Association, 2016). Colombia’s demand for secure hydroelectric power plants is so large that seven new plants were built in 2015 alone, adding key megawatts to rural areas of the country that had been without electricity. The National Development Plan, Green Growth Plan, and commitment to the SDGs ensure that policy is set in such a way that the building of hydroelectric infrastructure is easy. Colombia also has a capacity in other forms of renewable energy. Wind power has great potential in Colombia, particularly offshore (Cramton, 2010). However, despite experts opinions that the nation has more than enough wind to be a competitive world wind power superpower,Show MoreRelatedOverview of Sustainable Industry in Malaysia.655 Words   |  3 PagesOverview of Sustainable Industry in Malaysia. The 2014 was a huge success to government which a total 396.61MW of renewable energy approved by the Sustainability Energy Development Authority and its represent a total 466% year-on-year growth. The increase of the renewable energy represent years of planning and execution by relevant authorities to regulate and draft policies that suits Malaysian environment. 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