Renewable Energy
It is a real regulatory and counterparty risk. Changes from CREG can alter the prices or terms under which surplus energy is settled.
For the investor: a project with a fixed, indexed PPA is partly protected from spot price moves, but not from a structural regulatory change. That is why the financial model includes sensitivity analysis on the surplus price.
Full guide
Solar surplus energy: how it is settled in Colombia
What happens to the solar energy you produce and don't use. CREG's three regimes, what the PDE and the AGPE limit are, and which one applies to you.
Read the guide