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

Santiago Hoyos (), Sebastián Ruíz (), Andrés Felipe Montoya Rendón (), Yesika Gutiérrez (), Jorge Hugo Barrientos Marín () and Mauricio Alviar Ramìrez ()
Additional contact information
Santiago Hoyos: Faculty of Engineering. Research Group on Technology and Environment (GITIMA), Antioquia Institute of Technology (TdeA), Colombia,
Sebastián Ruíz: Faculty of Engineering. Research Group on Technology and Environment (GITIMA), Antioquia Institute of Technology (TdeA), Colombia,
Andrés Felipe Montoya Rendón: Faculty of Engineering. Research Group on Technology and Environment (GITIMA), Antioquia Institute of Technology (TdeA), Colombia,
Yesika Gutiérrez: XM, Expertos en Mercados, Operations Analyst, Commercial Exchange System, National Interconnected System Operator and wholesale Administrator in Colombia, Colombia,
Jorge Hugo Barrientos Marín: Faculty of Economics Science. Manejo Eficiente de la Energía Group (GIMEL). University of Antioquia, Colombia,
Mauricio Alviar Ramìrez: Ex-Secretary of Education of Antioquia and Former Rector of the University of Antioquia, Colombia.

International Journal of Energy Economics and Policy, 2026, vol. 16, issue 2, 854-864

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.

Keywords: Communities Energy; Environment and Economy Effects; Simulation Model (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

Downloads: (external link)
https://econjournals.com/index.php/ijeep/article/download/22644/9824 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:v:16:y:2026:i:2:id:22644

Ordering information: This journal article can be ordered from
https://econjournals.com/index.php/ijeep

DOI: 10.32479/ijeep.22644

Access Statistics for this article

More articles in International Journal of Energy Economics and Policy from International Journal of Energy Economics and Policy
Bibliographic data for series maintained by Monica Sinhat ().