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Effects of the Energy Communities: A Case of Application in Colombia

Author

Listed:
  • Hoyos, Santiago

    (Faculty of Engineering. Research Group on Technology and Environment (GITIMA), Antioquia Institute of Technology (TdeA), Colombia,)

  • Ruíz, Sebastián

    (Faculty of Engineering. Research Group on Technology and Environment (GITIMA), Antioquia Institute of Technology (TdeA), Colombia,)

  • Montoya Rendón, Andrés Felipe

    (Faculty of Engineering. Research Group on Technology and Environment (GITIMA), Antioquia Institute of Technology (TdeA), Colombia,)

  • Gutiérrez, Yesika

    (XM, Expertos en Mercados, Operations Analyst, Commercial Exchange System, National Interconnected System Operator and wholesale Administrator in Colombia, Colombia,)

  • Barrientos Marín, Jorge Hugo

    (Faculty of Economics Science. Manejo Eficiente de la Energía Group (GIMEL). University of Antioquia, Colombia,)

  • Ramìrez, Mauricio Alviar

    (Ex-Secretary of Education of Antioquia and Former Rector of the University of Antioquia, Colombia.)

Abstract

This article examines the environmental and economic effects of energy communities, considering both short- and long-term impacts. For the long-term analysis, a simulation model was developed to observe the behaviour of variables within the electricity market and their impacts over a 20-year evaluation period. The environmental impact was quantified through avoided emissions in Mt of CO? equivalent. In economic terms, the savings from self-generation and the expected revenues from surplus energy sales were calculated, alongside a profitability analysis per user. The results indicate that energy communities could avoid 25 MtCO?e, while the regulated market could achieve savings $ 18.5 Billion USD, in addition to potential revenues of $ 2 Billion USD. These outcomes arise from the aggregated implementation of photovoltaic systems in households and small businesses within the framework of energy communities.

Suggested Citation

  • Hoyos, Santiago & Ruíz, Sebastián & Montoya Rendón, Andrés Felipe & Gutiérrez, Yesika & Barrientos Marín, Jorge Hugo & Ramìrez, Mauricio Alviar, 2026. "Effects of the Energy Communities: A Case of Application in Colombia," International Journal of Energy Economics and Policy, Econjournals, vol. 16(2), pages 854-864, January.
  • Handle: RePEc:eco:journ2:v:16:y:2026:i:2:id:22644
    DOI: 10.32479/ijeep.22644
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