Private Investment in Wind Power in Colombia*

ii The contents of this paper are the authors' sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its members. This publication may be reproduced in part for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgment of the source is made. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the Oxford Institute for Energy Studies. Preface This study was carried out under a grant from the UK Foreign and Commonwealth Office Prosperity Fund for Latin America to the Oxford Institute for Energy Studies (OIES) for the implementation of the project entitled: Colombia: Developing a Framework to Promote Renewable Power. David Robinson (OIES) directed the project team. Alvaro Riascos (Quantil SAS) led the financial modelling work and David Harbord (Market Analysis Ltd.) advised on the Colombian firm energy market. We thank Lucía Martínez for her research on Colombian land and indigenous peoples issues, and Ivan Cadena and Mauricio Romero of Quantil for their research assistance with the financial model. We also thank the following people for reading and commenting on parts of the report: the Global Wind Energy Council and other anonymous reviewers for meeting with us and/or for helpful discussions. The contents of this paper are the authors' sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its Members.