Weekly Report - 10 March 2016 (WR-16-10)

Colombia’s Santos launches great national energy crusade

Colombia’s President Juan Manuel Santos warned this week that his government could be compelled to introduce rationing unless daily energy consumption is reduced by 5%. Santos made the announcement during a national address from the presidential palace Casa de Nariño when he admitted that the weather phenomenon El Niño had left reservoirs at minimum levels. Shortly beforehand Santos had held a meeting with the directors of the country’s main power generating companies and distribution firms, as well as the mayor of Bogotá, Enrique Peñalosa, who was invited to attend given the capital’s large energy consumption. Santos’s hands-on approach followed the resignation a day earlier of the mining and energy minister, Tomas González, in the wake of fierce criticism.

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