Colombia Wholesale Energy Market Price
Wholesale Energy Spot Market: Maximum Bag Price
Wholesale Energy Spot Market: Maximum Bag Price data was reported at 108.310 COP/kWh in 04 May 2025. This records an increase from the previous number of 103.080 COP/kWh for 03 May 2025. Wholesale Energy Spot Market: Maximum Bag Price data is updated daily, averaging 357.930 COP/kWh from Jan 2020 (Median) to 04 May 2025, with 1951 observations. The data reached an all-time high of 2,675.540 COP/kWh in 05 Nov 2024 and a record low of 87.290 COP/kWh in 17 Oct 2021. Wholesale Energy Spot Market: Maximum Bag Price data remains active status in CEIC and is reported by XM Compañía de Expertos en Mercados S.A. E.S.P.. The data is categorized under Global Database’s Colombia – Table CO.P001: Wholesale Energy Market Price. In normal operating conditions, it corresponds to the highest offer price of the units with centralized sale that have been programmed to generate in the ideal sale and do not present variations. It represents a single price for the interconnected system in each hourly period. When the bag price exceeds the scarcity price, it generates a sign that there is a critical situation in the system and activates the prices to regulate at which energy is purchased.
| Last | Frequency | Range |
|---|---|---|
| 396.260 21 Mar 2025 | daily | 01 Jan 2020 - 21 Mar 2025 |
View Colombia's Wholesale Energy Spot Market: Maximum Bag Price from 01 Jan 2020 to 21 Mar 2025 in the chart:
Wholesale Energy Spot Market: Scarcity Price
Wholesale Energy Spot Market: Scarcity Price data was reported at 724.310 COP/kWh in 04 May 2025. This stayed constant from the previous number of 724.310 COP/kWh for 03 May 2025. Wholesale Energy Spot Market: Scarcity Price data is updated daily, averaging 751.310 COP/kWh from Jan 2020 (Median) to 04 May 2025, with 1951 observations. The data reached an all-time high of 1,037.230 COP/kWh in 30 Aug 2022 and a record low of 303.840 COP/kWh in 29 Jun 2020. Wholesale Energy Spot Market: Scarcity Price data remains active status in CEIC and is reported by XM Compañía de Expertos en Mercados S.A. E.S.P.. The data is categorized under Global Database’s Colombia – Table CO.P001: Wholesale Energy Market Price. The Colombian Energy Exchange, managed by XM, in which generators and traders participate, selling and buying energy at the exchange price, has a ceiling price for the sale of energy called scarcity price, which corresponds to the maximum value that the country's demand can pay for energy. This price is calculated monthly according to the calculations established in the regulation that defines the reliability charge scheme. The scarcity price is determined according to the variable costs associated with the SIN (Sistema Interconectado Nacional) and the price of the fuel
| Last | Frequency | Range |
|---|---|---|
| 770.550 21 Mar 2025 | daily | 01 Jan 2020 - 21 Mar 2025 |