Caribbean Coast

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Colombian Energy Minister Edwin Palma announces Air-e financial crisis measures and El Niño preparations at a press conference.
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Energy Minister Palma advances Air-e crisis measures amid El Niño threat

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Colombia’s Mines and Energy Minister Edwin Palma defended his handling of the Air-e financial crisis—ongoing since early 2026 with $1.6 trillion in debts—and announced key steps: a targeted $8/kWh surcharge on high-income users, a Creg proposal for more energy contracting ahead of El Niño, and calls for structural reforms in the Caribbean region's electricity sector.

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