Assessing the obstacles to the participation of renewable energy sources in the electricity market of Colombia

The research showed the most important barriers are costs of investment and operating, lack of public and private coordination and lack of development planning for renewable energy sources. The most influenced (hindered by barriers) sources are wind power and geothermal power. However, the experts did not fully agree on those results and differences are discussed. The paper ends with some recommendations for overcoming the main obstacles against the participation of renewable energy sources in the Colombian electricity market.