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Uruguay leads Latin America in sales of renewable energy

Montevideo, Oct 3 (Prensa Latina) Energy exports to Argentina from Uruguay have gone beyond expectations, as part of the latter’s leading position in Latin America as first exporter of renewable sources.

With its dams at full capacity, Uruguay has recovered its hydroelectric potential and the possibility of supplying the neighboring country, now the main costumer for the Administración Nacional de Usinas y Transmisiones Eléctricas, the state-owned UTE (National Administration of Power Plants and Electric Transmissions).

Up to September, sales to the rest of Latin America totaled 104 million dollars, of which 95 million corresponded to placements in Argentina and the rest to Brazil.

Unlike previous years, according to El Observador, Argentina has so far paid for all its purchases.

Electricity imports from Uruguay will continue in the coming months, according to Argentina’s contingency plan to avoid power cuts during the summer, when consumption increases due to high temperatures.

At present, Uruguay makes daily offers of energy blocks to Argentina and Brazil, which they take or not as they see fit to optimize their systems at specific times.

So far this year, 50.5 percent of Uruguay’s energy demand has been supplied by hydroelectric sources. This is complemented by wind (32.8 percent), biomass (12.7 percent), solar (2.8 percent) and thermal energy (1.2 percent).

Uruguay is in its second stage of energy transition, with emphasis on decarbonizing the economy and achieving greater efficiency, in addition to promoting electric mobility.

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