Enabling Conditions for Bioenergy Finance and Investment in Colombia.

• Author: OECD.
• Place / Publishing House: Paris : : Organization for Economic Cooperation & Development,, 2022.; Ã2022.
• Year of Publication: 2022
• Edition: 1st ed.
• Language: English
• Physical Description: 1 online resource (123 pages)

Colombia has set forth a number of important policy strategies to achieve its clean energy ambitions, including the 2018 Green Growth Policy, the 2019 National Circular Economy Strategy and the 2022 Energy Transition Policy. These strategies all note the role sustainable bioenergy and waste-to-energy can play in supporting decarbonisation objectives. This report looks at the enabling conditions to encourage development of these clean energy solutions and mobilise the necessary finance and investment.

Table of Contents

Intro -- Preface -- Foreword -- Abbreviations and acronyms -- Executive summary -- Actions to unlock the opportunity for sustainable bioenergy development -- 1 Energy sector trends and clean energy prospects -- Introduction -- Colombia is rich in natural resources, with large untapped renewable energy potential -- Residues and waste can play a supporting role in clean energy development. -- Bioenergy can help decarbonise the energy mix, which is dominated by fossil fuels -- Power sector development and bioenergy opportunities -- Secure and affordable electricity supply requires more diverse capacity -- Clean energy solutions can help to achieve secure and reliable electricity supply -- Bioenergy capacity additions need a kick-start if they are to reach their potential -- References -- Notes -- 2 Planning and governance for bioenergy development -- Increasing institutional co-ordination will facilitate bioenergy development -- Strategic planning can spell out the opportunities for bioenergy projects -- Bioenergy targets in the clean energy agenda will support project development -- Climate commitments are an opportunity to improve bioenergy capacity -- Electricity planning can do more to facilitate bioenergy capacity additions -- Emphasis should focus on shaping a vision for clean, reliable and affordable electricity -- Facilitating planning and approval can help build up a pipeline of bioenergy projects -- References -- Notes -- 3 Regulatory measures to improve the case for sustainable bioenergy -- Early bioenergy cogeneration stresses the importance of a clear regulatory framework -- Clarifying the regulatory environment for bioenergy will support greater project development -- Connection rules and procedures can do more to facilitate bioenergy capacity -- Renewable portfolio targets can work with bioenergy projects, rather than against them.

Stronger waste management regulation will encourage greater energy recovery -- The cost of waste disposal directly influences appetite for bioenergy solutions -- Firm disposal rules and higher fees will improve the business case for waste recovery -- References -- Notes -- 4 Improved competition, innovation and finance for bioenergy development -- Fair market competition will improve the business case for bioenergy projects -- The wholesale market is open, but options are limited for some bioenergy projects -- Use of more targeted measures can facilitate bioenergy access to market -- Innovation and capacity building can improve the business case for bioenergy -- Improved access to finance will increase capacity for bioenergy development -- Tackling the cost of finance will support a stronger pipeline of bioenergy projects -- Public funds and blended finance can de-risk projects and leverage private capital -- Capital markets are an untapped opportunity for clean energy development -- References -- Notes -- 5 Insights for enabling greater finance and investment for bioenergy solutions -- Notes -- References -- Notes -- Annex A. Global experiences with bioenergy development -- Brazil: from waste to energy in the cement industry -- Alternative fuel use for cement production in Brazil -- Policy measures to enable co-processing in cement production -- Lessons learned and implications for the Colombian context -- Chile: international collaboration for better waste management -- The Reciclos Organicos programme -- An enabling policy environment for market development -- Lessons learned and implications for the Colombian context -- Colombia: lessons from cogeneration in the sugar industry -- Use of sugar cane for cogeneration activities: the experience of Manuelita -- An enabling policy environment for market development.

Lessons learned and implications for opportunities moving forward -- India: foreign investment for paddy straw to biogas in Punjab -- The Verbio biogas project -- Financing biogas development -- Lessons learned and implications for the Colombia context -- Turkey: biogas production from livestock manure -- The experience of Energrom Energy in developing biogas capacity -- An enabling policy environment for bioenergy market development -- Lessons learned and implications for the Colombian context.