Economy & Business - August 2026

ECUADOR/COLOMBIA | Electricity exports resumed. Ecuador’s environment and energy ministry announced on 5 August that the country has once again begun receiving electricity imports from Colombia, after electricity transfers were suspended by Bogotá in January amid a trade war between the two countries. Ecuador’s government announced that it was planning to import 288 megawatts from Colombia on 5 August, which would cover 6.2% of Ecuador’s daily energy needs. It said that this electricity was being purchased at US$0.33 per kilowatt hour (kWh), which it said was “approximately 67% lower than in previous operations, when the price reached US$0.99 per kWh”. The statement added that the electricity transfer agreement enables “the exchange of energy when this is convenient for the operation of the [electricity] system, guaranteeing the operational security of electricity grids and respecting the conditions of availability in each nation”. Droughts in both countries have caused drops in hydroelectricity production in recent years, with Ecuador particularly affected.

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