International. Colombia is ranked number eight and Uruguay number ten among the top ten countries in the World Economic Forum's (ECEC) Global Energy Architecture Performance Index, which ranks the performance of countries' energy systems, as well as observing trends in the global energy transition.
Colombia is the first non-European country to rank in the top 10. It has a large supply of natural resources and therefore has the advantage of being able to boost its economy and provide its population with safe and low-cost energy. Colombia is also a net exporter of energy, reflecting the surplus of its natural resource endowment.
Uruguay has made great strides in the performance of its energy sector since 2009, having formulated a long-term direction for its energy sector and committed significant investment in this transition.
The top 10 ranking is as follows:
1. Switzerland
2. Norway
3. Sweden
4. Denmark
5. France
6. Austria
7. Spain
8. Colombia
9. New Zealand
10. Uruguay
This year's report includes findings from 127 countries on 18 indicators covering three key areas:
1. Economic growth and development: the extent to which a country's energy architecture, or the way its energy is obtained, managed and managed, increases or decreases economic growth.
2. Environmental sustainability: the environmental impact of energy supply and consumption.
3. Access to energy and security: the extent to which an energy supply is secure, accessible and diversified.
Source: World Economic Forum.