We have witnessed the increase in the use of non-conventional renewable energy and we have not ignored this change. Recognizing that the availability of natural resources in terms of quality and quantity is essential for our operations, we have invested in a diversified, efficient energy matrix in line with the current needs of our stakeholders, having all the technology to generate the energy you want in our portfolio.
To turn our commitments into actions, we promote projects for the optimization of energy generation, water conservation in the areas where we operate, as well as electric power generation with alternative sources of energy, such as solar and wind power; the use of which reduces the pressure on non-renewable sources of energy.
In accordance with the above, we have established the following commitments for comprehensive water management in the Environmental Policy.
- Conserve the watersheds in the areas of influence.
- Use water efficiently and assess the water risk in areas of operation and in new projects.
- Measure the water footprint in all operations and implement the measures necessary to decrease its intensity.
- Promote projects to improve the water supply for different uses in the value chain.
Additionally, we keep assessing the risk of water shortages with the methods of the World Business Council for Sustainable Development (WBCSD), specifically with the Global Water Tool (GWT). Said methods have confirmed that none of our operations are in areas of water stress.
Additionally, the water risks related to our operations are constantly assessed with the Aqueduct tool of the World Resources Institute (WRI), which shows us that most of the power plants have low/medium risk.
In addition, we are measuring the water footprint, we continue to adhere to the initiative of the CEO Water Mandate, which promotes the Global Compact, and to CDP Agua, which means that we develop a systemic water management with the option of improving its sufficient use.
We present the results of the Water Footprint in the years in which the measurement was performed.
Facing climate phenomena (such as El Niño-Southern Oscillation-ENSO), the company plans the generation in the reservoirs., Through which energy is guaranteed for the system and the impacts of said phenomena on the communities are minimized, because hydroelectric plants with reservoirs facilitate the regulation of water and alleviate droughts in the dry season (El Niño phenomena) and crests in the rainy season (La Niña phenomena). Moreover, by preparing the plants Environmental Management Plans, the Organization seeks to prevent or mitigate possible conflicts that may arise with other basin users. To do so, we agree on management measures with the communities.
Risks from weather phenomena are also monitored via a commercial management process, assessing their impact on margins of operations. This allows us to identify opportunities for energy sales (for purchase or sale) or the need to purchase additional fuel for greater thermal energy generation to cover the portfolio’s exposure from unfavorable water conditions.
In Integrated Report 2019 you can find our management.
In Celsia we are aware that water is a strategic resource for your business and an axis of development for the regions, through our Environmental Policy, the company has established commitments for its integral management. To convert its commitments into actions, Celsia promotes projects to optimize the generation of energy, the conservation of water in the areas where we operate, as well as the generation of electrical energy with alternative sources of energy, such as solar and wind energy; the use of which reduces the pressure on non-renewable energy sources
Consult here about water stress
In compliance with the regulatory demands, the organization actively participates through different mechanisms to cover our needs, such as: the sales process, mainly with producers and third parties on the secondary market; and the procurement of infrastructure for importing Liquefied Natural Gas (LNG) on international markets. This has allowed us to back up our energy obligations for the reliability charge and for the daily operation of our thermal power plants.