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Comisión de Regulación de Energía y Gas

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Namestring
Comisión de Regulación de Energía y Gas
Legal namestring
Comisión de Regulación de Energía y Gas
Websiteurl
creg.gov.co
Company typeenum
Public
Founded yearint
1994
Descriptiontext

Comisión de Regulación de Energía y Gas (CREG) is a Special Administrative Unit (Unidad Administrativa Especial) of Colombia's Ministry of Mines and Energy, established in 1994 under Laws 142 and 143. It functions as Colombia's autonomous technical regulator for electricity, natural gas, liquefied petroleum gas (LPG), and liquid fuels, with statutory responsibility for tariff-setting, market rule approval, and oversight of generation, transmission, distribution, and commercialization activities. The Commission is governed by a collegiate body of six expert commissioners appointed by the President of Colombia for four-year terms, plus an Executive Director, operating with technical independence while reporting to the Ministry of Mines and Energy. Its regulatory reach extends to approximately 17.34 million electricity subscribers and 11.53 million natural gas subscribers across Colombia.

CREG operates a portfolio of digital platforms for regulatory functions: SCIR (Sistema de Cargue de Información para Regulación) for regulated entities to submit compliance data, SICT (Sistema Integrado de Cargos de Transporte de Gas Natural) for gas transport charges, APLIGAS for gas sector management, and the Gestor Normativo online portal for publishing and accessing resolutions and regulatory documents. The agency also issues major regulatory frameworks such as the Cargo por Confiabilidad reliability charge auction, battery storage integration rules, remote self-generation participation rules, hydrogen blending regulations, and electric mobility coordination frameworks. The May 2026 firm energy auction awarded 4,069.7 MW of net effective capacity (including nearly 1.8 GW of solar/wind and 2,276.8 MW thermal) across 77 generation plants, triggering COP 16 trillion (USD 4.34 billion) in investment obligations.

CREG is a non-commercial government entity funded through the Colombian national government budget; it does not charge fees for its regulatory services. Its primary beneficiaries are end-use consumers (residential and industrial) and regulated market participants including generators, transmitters, distributors, and commercializers in the four subsectors. Distribution of regulatory instruments occurs through the official website (creg.gov.co), the Gestor Normativo platform, regional public hearings in cities such as Barranquilla, Cartagena, Bucaramanga, and Riohacha, and social media channels. Recent strategic priorities include El Niño drought mitigation, renewable energy and battery storage integration, demand-side participation mechanisms, modernization of user rights protection, and reconfigurable auctions to ensure supply reliability through 2028–2029.

Short descriptiontext

CREG is Colombia's autonomous energy and gas regulator, established in 1994 under the Ministry of Mines and Energy, governing electricity, natural gas, LPG, and liquid fuels markets serving 17.34 million electricity and 11.53 million gas subscribers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersBogotá, Colombia
HQ citystring
Bogotá
HQ countrystring
Colombia
HQ regionstring
Latin America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
energy regulation, gas sector regulation, utility market oversight, electricity market rules, regulatory framework
Industry3 codes
1Energy, Utilities & Natural Resources Regulators
CodeBPAIAOAJPrimaryYes
2Rate Application, Tariff Setup & Billing Determinants Management
CodeEUAJAHAIPrimaryNo
3Regulatory Compliance & Market Surveillance (ISO/RTO Rules, Reporting)
CodeEUAGALAKPrimaryNo
NAICS code1 code
  • Regulation and Administration of Communications, Electric, Gas, and Other Utilities92613
Product category
Energy Regulatory Services
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Infrastructure, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

CREG regulates Colombia's energy and gas public services across electricity, natural gas, LPG, and liquid fuels sectors by issuing binding regulatory frameworks, resolutions, and market mechanisms. The Commission sets tariffs, approves market rules, oversees sector participants, and protects consumer rights for approximately 17.34 million electricity subscribers and 11.53 million gas subscribers, while operating digital platforms (SCIR, SUI, APLIGAS, SICT) for regulatory information management.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 40% potential electricity bill discount for households reducing consumption during El Niño phenomenon
+2 more records
Product overview1 text field

CREG operates as Colombia's Energy and Gas Regulation Commission, a technical government agency that regulates the electricity, natural gas, LPG, and liquid fuels sectors. Rather than offering commercial products, CREG issues regulatory resolutions, frameworks, and mechanisms that govern the energy sector. Key regulatory frameworks include: the electricity market with reliability charge auctions and spot market participation; battery storage system integration; remote self-generation rules; user protection regimes; and hydrogen blending initiatives. CREG also operates digital platforms for regulatory information submission (SCIR, SICT, APLIGAS) and manages the Gestor del Mercado de Gas Natural. The agency conducts public auctions for firm energy (most recently securing ~1.8 GW of solar/wind and 2,276.8 MW thermal), and publishes regulatory resolutions affecting ~17.34 million electricity users and ~11.53 million gas users in Colombia.

Product and service6 records
1Regulación de Energía Eléctrica
CategoryRegulatory Framework
Description

Regulatory framework governing electricity generation, transmission, distribution, and commercialization activities in Colombia's National Interconnected System (SIN), including tariff setting, market rules, and reliability mechanisms.

2Regulación de Gas Natural
CategoryRegulatory Framework
Description

Regulatory framework for the natural gas sector covering transportation, distribution, commercialization, and market operator functions in Colombia.

3Regulación de Gas Licuado del Petróleo (GLP)
CategoryRegulatory Framework
Description

Regulatory framework governing LPG (propane/butane) distribution via cylinders and stationary tanks to residential and commercial users across Colombia, including safety standards.

4Regulación de Combustibles Líquidos
CategoryRegulatory Framework
Description

Regulatory framework for liquid fuels (gasoline, diesel) including wholesale and retail distribution margins and pricing mechanisms in Colombia.

5Sistema de Cargue de Información para Regulación (SCIR)
CategoryDigital Platform
Description

Web-based platform for regulated entities to submit regulatory information and compliance data to CREG.

6Sistema Único de Información de Servicios Públicos (SUI)
CategoryDigital Platform
Description

Unified public utilities information system for service quality monitoring and consumer data management in Colombia.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

U.K. energy regulator overseeing electricity and gas markets with tariff-setting, consumer protection, and decarbonization mandates structurally similar to CREG's portfolio.

TypeDirect peer
Description

U.S. federal regulator of interstate electricity and natural gas markets, with tariff-setting, market oversight, and reliability mandate directly analogous to CREG's role in Colombia.

TypeDirect peer
Description

Mexican energy regulatory commission overseeing electricity and hydrocarbons markets; peer regulator with similar tariff and market-rule authority in another Latin American jurisdiction.

TypeDirect peer
Description

EU-wide energy regulatory coordination body that supports national regulators on cross-border electricity and gas market rules; comparable as an institutional peer shaping energy and gas market frameworks.

TypeRegional player
Description

Colombian utility oversight body that monitors service quality and consumer complaints in the same sectors CREG regulates; an institutional counterpart rather than a direct competitor, operating alongside CREG in the same jurisdiction.

6ANEEL (Agência Nacional de Energia Elétrica)
TypeDirect peer
Description

Brazilian federal electricity regulator responsible for tariff setting, concession oversight, and market rules; directly comparable to CREG's electricity sector mandate in a neighboring Latin American market.

7CNE (Comisión Nacional de Energía) – Chile
TypeDirect peer
Description

Chilean energy commission responsible for energy policy coordination and market rule design; comparable Latin American peer in a heavily renewable electricity system.

TypeDirect peer
Description

Costa Rican public services regulator with authority over electricity, fuel, and water tariffs and service quality; comparable regional peer for energy/gas regulatory design.

TypeOthers
Description

Colombian energy planning unit that defines generation and transmission expansion plans which CREG then implements through market rules; comparable as a peer institutional actor in Colombia's energy regulatory ecosystem.

TypeDirect peer
Description

Spanish national regulator with energy sector oversight including tariff and market-rule authority, operating in a comparable mixed thermal/renewable power system.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles8 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Comisión de Regulación de Energía y Gas

Energy Regulatory Servicescreg.gov.co

CREG is Colombia's autonomous energy and gas regulator, established in 1994 under the Ministry of Mines and Energy, governing electricity, natural gas, LPG, and liquid fuels markets serving 17.34 million electricity and 11.53 million gas subscribers.

What Comisión de Regulación de Energía y Gas does

Comisión de Regulación de Energía y Gas (CREG) is a Special Administrative Unit (Unidad Administrativa Especial) of Colombia's Ministry of Mines and Energy, established in 1994 under Laws 142 and 143. It functions as Colombia's autonomous technical regulator for electricity, natural gas, liquefied petroleum gas (LPG), and liquid fuels, with statutory responsibility for tariff-setting, market rule approval, and oversight of generation, transmission, distribution, and commercialization activities. The Commission is governed by a collegiate body of six expert commissioners appointed by the President of Colombia for four-year terms, plus an Executive Director, operating with technical independence while reporting to the Ministry of Mines and Energy. Its regulatory reach extends to approximately 17.34 million electricity subscribers and 11.53 million natural gas subscribers across Colombia.

CREG operates a portfolio of digital platforms for regulatory functions: SCIR (Sistema de Cargue de Información para Regulación) for regulated entities to submit compliance data, SICT (Sistema Integrado de Cargos de Transporte de Gas Natural) for gas transport charges, APLIGAS for gas sector management, and the Gestor Normativo online portal for publishing and accessing resolutions and regulatory documents. The agency also issues major regulatory frameworks such as the Cargo por Confiabilidad reliability charge auction, battery storage integration rules, remote self-generation participation rules, hydrogen blending regulations, and electric mobility coordination frameworks. The May 2026 firm energy auction awarded 4,069.7 MW of net effective capacity (including nearly 1.8 GW of solar/wind and 2,276.8 MW thermal) across 77 generation plants, triggering COP 16 trillion (USD 4.34 billion) in investment obligations.

CREG is a non-commercial government entity funded through the Colombian national government budget; it does not charge fees for its regulatory services. Its primary beneficiaries are end-use consumers (residential and industrial) and regulated market participants including generators, transmitters, distributors, and commercializers in the four subsectors. Distribution of regulatory instruments occurs through the official website (creg.gov.co), the Gestor Normativo platform, regional public hearings in cities such as Barranquilla, Cartagena, Bucaramanga, and Riohacha, and social media channels. Recent strategic priorities include El Niño drought mitigation, renewable energy and battery storage integration, demand-side participation mechanisms, modernization of user rights protection, and reconfigurable auctions to ensure supply reliability through 2028–2029.

Comisión de Regulación de Energía y Gas firmographics

Firmographics
Name
Comisión de Regulación de Energía y Gas
Legal name
Comisión de Regulación de Energía y Gas
Website
https://creg.gov.co
Company type
Public
Founded year
1994
Operating status
Operating
Headcount range
11–50 employees
Short description
CREG is Colombia's autonomous energy and gas regulator, established in 1994 under the Ministry of Mines and Energy, governing electricity, natural gas, LPG, and liquid fuels markets serving 17.34 million electricity and 11.53 million gas subscribers.
Ownership category
akta.pro rank

Comisión de Regulación de Energía y Gas industry classification

Industry
Product category
Energy Regulatory Services
NAICS
Regulation and Administration of Communications, Electric, Gas, and Other Utilities (92613)
akta.pro primary industry
Energy, Utilities & Natural Resources Regulators (BPAIAOAJ)
akta.pro secondary industries
Rate Application, Tariff Setup & Billing Determinants Management (EUAJAHAI), Regulatory Compliance & Market Surveillance (ISO/RTO Rules, Reporting) (EUAGALAK)

Keywords

  • Energy regulation
  • Gas sector regulation
  • Utility market oversight
  • Electricity market rules
  • Regulatory framework

Where Comisión de Regulación de Energía y Gas is headquartered

Location

Headquarters

HQ city
Bogotá
HQ country
Colombia
HQ region
Latin America

Offices1 record

Markets served

Comisión de Regulación de Energía y Gas business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Infrastructure, Others

Distribution channels3 records

Marketing channels7 records

Comisión de Regulación de Energía y Gas product offering

Product offering

Core offering

CREG regulates Colombia's energy and gas public services across electricity, natural gas, LPG, and liquid fuels sectors by issuing binding regulatory frameworks, resolutions, and market mechanisms. The Commission sets tariffs, approves market rules, oversees sector participants, and protects consumer rights for approximately 17.34 million electricity subscribers and 11.53 million gas subscribers, while operating digital platforms (SCIR, SUI, APLIGAS, SICT) for regulatory information management.

Product overview

CREG operates as Colombia's Energy and Gas Regulation Commission, a technical government agency that regulates the electricity, natural gas, LPG, and liquid fuels sectors. Rather than offering commercial products, CREG issues regulatory resolutions, frameworks, and mechanisms that govern the energy sector. Key regulatory frameworks include: the electricity market with reliability charge auctions and spot market participation; battery storage system integration; remote self-generation rules; user protection regimes; and hydrogen blending initiatives. CREG also operates digital platforms for regulatory information submission (SCIR, SICT, APLIGAS) and manages the Gestor del Mercado de Gas Natural. The agency conducts public auctions for firm energy (most recently securing ~1.8 GW of solar/wind and 2,276.8 MW thermal), and publishes regulatory resolutions affecting ~17.34 million electricity users and ~11.53 million gas users in Colombia.

Differentiator

Problem solved

Functional benefit

Products and services

  • Regulación de Energía Eléctrica Regulatory framework governing electricity generation, transmission, distribution, and commercialization activities in Colombia's National Interconnected System (SIN), including tariff setting, market rules, and reliability mechanisms.
  • Regulación de Gas Natural Regulatory framework for the natural gas sector covering transportation, distribution, commercialization, and market operator functions in Colombia.
  • Regulación de Gas Licuado del Petróleo (GLP) Regulatory framework governing LPG (propane/butane) distribution via cylinders and stationary tanks to residential and commercial users across Colombia, including safety standards.
  • Regulación de Combustibles Líquidos Regulatory framework for liquid fuels (gasoline, diesel) including wholesale and retail distribution margins and pricing mechanisms in Colombia.
  • Sistema de Cargue de Información para Regulación (SCIR) Web-based platform for regulated entities to submit regulatory information and compliance data to CREG.
  • Sistema Único de Información de Servicios Públicos (SUI) Unified public utilities information system for service quality monitoring and consumer data management in Colombia.

Quantifiable outcome

  • 40% potential electricity bill discount for households reducing consumption during El Niño phenomenon
  • +2 more outcomes

Companies that use Comisión de Regulación de Energía y Gas

Customer profile

Segments5 records

Ideal customer profiles3 records

Comisión de Regulación de Energía y Gas technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Comisión de Regulación de Energía y Gas partnerships and signals

Strategic signal

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Comisión de Regulación de Energía y Gas competitors and assessment

Company assessment

Direct peers

  • Ofgem: U.K. energy regulator overseeing electricity and gas markets with tariff-setting, consumer protection, and decarbonization mandates structurally similar to CREG's portfolio.
  • Federal Energy Regulatory Commission (FERC): U.S. federal regulator of interstate electricity and natural gas markets, with tariff-setting, market oversight, and reliability mandate directly analogous to CREG's role in Colombia.
  • CRE (Comisión Reguladora de Energía): Mexican energy regulatory commission overseeing electricity and hydrocarbons markets; peer regulator with similar tariff and market-rule authority in another Latin American jurisdiction.
  • ACER (Agency for the Cooperation of Energy Regulators): EU-wide energy regulatory coordination body that supports national regulators on cross-border electricity and gas market rules; comparable as an institutional peer shaping energy and gas market frameworks.
  • ANEEL (Agência Nacional de Energia Elétrica): Brazilian federal electricity regulator responsible for tariff setting, concession oversight, and market rules; directly comparable to CREG's electricity sector mandate in a neighboring Latin American market.
  • CNE (Comisión Nacional de Energía) – Chile: Chilean energy commission responsible for energy policy coordination and market rule design; comparable Latin American peer in a heavily renewable electricity system.
  • ARESE (Autoridad Reguladora de los Servicios Públicos): Costa Rican public services regulator with authority over electricity, fuel, and water tariffs and service quality; comparable regional peer for energy/gas regulatory design.
  • CNMC (Comisión Nacional de los Mercados y la Competencia): Spanish national regulator with energy sector oversight including tariff and market-rule authority, operating in a comparable mixed thermal/renewable power system.

Regional players

Others

  • UPME (Unidad de Planeación Minero Energética): Colombian energy planning unit that defines generation and transmission expansion plans which CREG then implements through market rules; comparable as a peer institutional actor in Colombia's energy regulatory ecosystem.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Comisión de Regulación de Energía y Gas social profiles

Digital presence

Comisión de Regulación de Energía y Gas compliance and trust

Trust signal

Compliance3 records

Comisión de Regulación de Energía y Gas financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Comisión de Regulación de Energía y Gas leadership team

Management profile

Number of profiles

Profiles8 records

Comisión de Regulación de Energía y Gas funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Comisión de Regulación de Energía y Gas M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Comisión de Regulación de Energía y Gas

What does Comisión de Regulación de Energía y Gas do?

CREG regulates Colombia's energy and gas public services across electricity, natural gas, LPG, and liquid fuels sectors by issuing binding regulatory frameworks, resolutions, and market mechanisms. The Commission sets tariffs, approves market rules, oversees sector participants, and protects consumer rights for approximately 17.34 million electricity subscribers and 11.53 million gas subscribers, while operating digital platforms (SCIR, SUI, APLIGAS, SICT) for regulatory information management.

Is Comisión de Regulación de Energía y Gas a public or private company?

Comisión de Regulación de Energía y Gas is a public company. It is classified as state government owned and is currently operating.

When was Comisión de Regulación de Energía y Gas founded?

Comisión de Regulación de Energía y Gas was founded in 1994. It employs 11 to 50 people.

Where is Comisión de Regulación de Energía y Gas based?

Comisión de Regulación de Energía y Gas is headquartered in Bogotá, Colombia, in the Latin America region.

Who are Comisión de Regulación de Energía y Gas's main competitors?

Direct peers on record are Ofgem, Federal Energy Regulatory Commission (FERC), CRE (Comisión Reguladora de Energía), ACER (Agency for the Cooperation of Energy Regulators), ANEEL (Agência Nacional de Energia Elétrica), CNE (Comisión Nacional de Energía) – Chile, ARESE (Autoridad Reguladora de los Servicios Públicos) and CNMC (Comisión Nacional de los Mercados y la Competencia). Superintendencia de Servicios Públicos Domiciliarios (SSPD) is listed as a regional player. UPME (Unidad de Planeación Minero Energética) is listed as an others.

Does Comisión de Regulación de Energía y Gas have an API?

No public API is recorded for Comisión de Regulación de Energía y Gas.

What industry is Comisión de Regulación de Energía y Gas in?

Comisión de Regulación de Energía y Gas's product category is Energy Regulatory Services. Its primary akta.pro industry code is BPAIAOAJ, Energy, Utilities & Natural Resources Regulators, with a secondary code of EUAJAHAI, Rate Application, Tariff Setup & Billing Determinants Management. Its NAICS code is 92613.

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Live signals
Portafolio.coCreg cambia de mando: Adriana Jiménez asume la dirección ejecutiva por los próximos 12 mesesLa Comisión de Regulación de Energía y Gas (Creg) eligió a Adriana Jiménez Delgado como nueva directora ejecutiva por un período de 12 meses, reemplazando a Antonio Jiménez Rivera, quien continuará como experto comisionado. La nueva gestión se centrará en ampliar la oferta de gas natural, actualizar regulaciones del GLP y los combustibles líquidos, y fortalecer la matriz energética, con énfasis en tarifas, protección de usuarios y incorporación de tecnologías.LarepublicaAdriana Jiménez será directora ejecutiva de la Creg en el periodo 2026-2027Colombia's Minister of Mines and Energy Edwin Palma confirmed the election of Adriana Jiménez as executive director of the Comisión de Regulación de Energía y Gas (Creg) for the 2026-2027 term, replacing Antonio Jiménez Rivera. Jiménez, an economist with a master's degree in Economics and Public Policy, brings over 26 years of experience in public policy design, energy sector economic regulation, environmental evaluation, and infrastructure project management. She has previously held positions at the DNP, Creg, the Ministry of Mines and Energy, ANLA, and has consulted on infrastructure projects in Argentina.RenewablesnowColombia secures nearly 1.8 GW of new solar, wind in firm energy auctionColombia's energy and gas regulator CREG, managed by grid operator XM, concluded a firm energy auction that secured nearly 1.8 GW of new solar and wind capacity along with 2,276.8 MW of thermal generation. The auction awarded firm energy obligations to 77 generation plants representing 4,069.7 MW of new net effective capacity, requiring an investment of approximately COP 16 trillion (USD 4.34bn). The awarded obligations begin December 1, 2029, and are designed to ensure electricity supply reliability for Colombia's hydro-dominant grid during periods of scarcity such as El Niño droughts.StrategicenergyColombia updates key electricity market rules after more than a decadeColombia's energy regulator, CREG, has launched a public consultation to comprehensively update the Electricity Metering Code, marking the most significant revision since 2014. The proposed changes aim to redefine technical standards for measuring power injection and consumption to accommodate the rapid growth of distributed generation and solar PV systems. This regulatory overhaul is intended to ensure data reliability and legal certainty for market settlements as Colombia's electricity system transitions toward renewable energy sources.BNamericas.comColombia unveils rules to jumpstart battery storageColombia's energy ministry has published draft rules for integrating large-scale battery storage into its power grid, establishing a framework for planning, operating and remunerating storage systems. The proposal gives UPME and XM three months to identify feasible service combinations and instructs CREG to establish payment mechanisms within nine months to create bankable revenue streams for developers. The regulations aim to address regulatory barriers that have stalled projects, citing that Canadian Solar shelved a 45MWh project in Barranquilla due to unfavorable economics under existing rules.