Uruguay new solar rates

Uruguay’s solar PV capacity has grown from virtually zero in 2013 to 248 MW in 2020. The government aims to increase solar PV capacity to 1 GW by 2025. Residential on-grid solar installations are growing, supported by net metering. [pdf]

FAQS about Uruguay new solar rates

How much electricity does Uruguay have in 2021?

In 2021, Uruguay had, in terms of installed renewable electricity, 1,538 MW in hydropower, 1,514 MW in wind power (35th largest in the world), 258 MW in solar power (66th largest in the world), and 423 MW in biomass. In 2023, 98% of Uruguay's electricity comes from renewable energy.

How much does unused energy cost in Uruguay?

In Uruguay, unused energy sometimes cost the utility as much as $90 million a year, according to officials. But it also allowed them to stabilize the grid and, according to the energy think tank Ember, accomplish something no country besides Denmark and Luxembourg has: shoot beyond 40 percent for wind and solar.

How much electricity does Uruguay generate from wind & solar?

Uruguay generates nearly half of its electricity from wind and solar, more than any other country in Latin America and the Caribbean. Source: Visual Capitalist: Solar & Wind Power by Country © 2020 The World Bank, Source: Global Solar Atlas 2.0, Solar resource data: Solargis.

What percentage of Uruguay's electricity is renewable?

As of 2020, renewables accounted for 75.8% of Uruguay's electrical capacity, while non-renewable sources made up the remaining 24.2% (down from 29% in 2016).

How much electricity does Uruguay produce?

In 2020, Uruguay produced 13.5 TWh of electricity, with 40% coming from wind energy, 30% from hydro, 20% from biomass, 6% from fossil fuels, and 4% from solar. As of 2020, 100% of the population has access to electricity. The UTE is spending $960 million between 2020-2025 for installing new electrical transmission infrastructure.

Where does Uruguay get its energy from?

Uruguay primarily imports natural gas from Argentina via the Gasoducto Cruz del Sur. As of May 2021, there are no new projects proposed for oil and gas in Uruguay. Uruguay generates nearly half of its electricity from wind and solar, more than any other country in Latin America and the Caribbean.