Mercado de Energía Mayorista (Colombia SIN)

Colombia. Status: operational.

Wholesale design: A centrally dispatched day-ahead energy pool (Bolsa) based on generator offers operates alongside bilateral contracts; deviations are settled through the wholesale market.

Operator
XM
Pricing granularity
single system
Settlement interval
60 minutes
Nominal frequency
60 Hz
What a battery can sell

What ancillary services can a battery sell in Mercado de Energía Mayorista (Colombia SIN)?

Mercado de Energía Mayorista (Colombia SIN) has 2 ancillary-service products, across 2 families — frequency containment and automatic frequency restoration: Regulación Primaria de Frecuencia, Regulación Secundaria de Frecuencia / AGC. Response timing, direction and eligibility for each are in the cards below, as the official sources state them.

Facts below are stated as the official sources state them. A missing line means the source does not state that value — never that the value is zero.

Frequency containment

  • Regulación Primaria de Frecuencia RPF

    operational

    Automatically contain frequency deviations through local governor or plant controls.

    Direction
    symmetric
    Stated response
    Technical parameters are resource- and code-specific; no current universal value verified in the cited public report
    Trigger / range
    Governor/control response around nominal frequency under the Colombian operating code; the code does not publish one universal threshold.
    Eligibility
    Centrally dispatched generating units subject to the applicable technical rules.
    Typical procurement
    System-operational requirement
    Pricing
    Mandatory technical service under system rules

Automatic frequency restoration

  • Regulación Secundaria de Frecuencia / AGC RSF/AGC

    operational

    Automatically restore frequency and scheduled interchange using centralized AGC.

    Direction
    symmetric
    Stated response
    No current universal activation time verified in the cited public sources
    Trigger / range
    Central AGC control signal and system area-control requirements.
    Eligibility
    XM-qualified units enabled for AGC.
    Typical procurement
    Hourly system requirement
    Pricing
    AGC availability offers and market settlement under XM rules
Getting paid to exist

Does Mercado de Energía Mayorista (Colombia SIN) have a capacity mechanism?

Mercado de Energía Mayorista (Colombia SIN) has 1 capacity/adequacy arrangement: Cargo por Confiabilidad / Obligaciones de Energía Firme. The official sources do not say whether it is a central capacity market. Responsibility sits with CREG / XM.

Cargo por Confiabilidad / Obligaciones de Energía Firme

operational

Generators receive reliability remuneration in exchange for a firm-energy obligation during scarcity conditions. The obligation is energy per day, not MW capacity.

auction pay as clear

Responsibility
CREG / XM
Unit of obligation
GWh/day of Obligación de Energía Firme (OEF)
Auction held in 2025
Yes () — Dated from the day the auction ran.
Where this comes from

Official sources

Rules

Service specification

Market explainer

Capacity-mechanism explainer

Current as of · from the Global Electricity Market Catalogue v1.2.0 (compiled to , CC BY 4.0). Facts belong to the linked official authorities; verify the current rules before design or bidding decisions.

Questions

Common questions about Mercado de Energía Mayorista (Colombia SIN)

Who operates Mercado de Energía Mayorista (Colombia SIN)?
XM operates Mercado de Energía Mayorista (Colombia SIN), covering Colombia.
Was a qualifying capacity event held in Mercado de Energía Mayorista (Colombia SIN) in 2025?
Yes. Cargo por Confiabilidad / Obligaciones de Energía Firme: a qualifying 2025 event is recorded (2025-04-21). Dated from the day the auction ran.
How is energy traded, priced and settled in Mercado de Energía Mayorista (Colombia SIN)?
Mercado de Energía Mayorista (Colombia SIN): A centrally dispatched day-ahead energy pool (Bolsa) based on generator offers operates alongside bilateral contracts; deviations are settled through the wholesale market. pricing granularity — single system; settlement interval — 60 minutes.
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