In 2023, almost 90 percent of the electricity generated in Uruguay was from … Contact online >>
In 2023, almost 90 percent of the electricity generated in Uruguay was from
Energy and Climate Databases
Energy - Climate Forecasts
Energy - Climate Scenarios
Climate Strategy and Policy Evaluation
Download the Table of Contents
This analysis includes a comprehensive Uruguay energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
Institutions & Energy Policy
The Ministry of Industry, Energy, and Mines (MIEM) oversees the energy sector through the National Energy Department (DNE). However, the Salto Grande hydroelectric plant, shared between Uruguay and Argentina, falls under the direct management of the Ministry of Foreign Relations.
Similar to its immediate neighbours, Uruguay has significant hydroelectric resources, particularly along the Uruguay River, which it partially exploits in collaboration with Argentina. Out of theoretical resources of 32 TWh, only 7.2 TWh are considered economically exploitable.
In 2023, the prices of gasoline and diesel declined slightly to US$1.87/l and US$1.4/l. they had increased by 43% and 53%, respectively, between 2020and 2022. These prices are among the highest in South America.
Graph: GASOLINE & DIESEL PRICES (US$/l)
The average primary energy consumption per capita stood at 1.7 toe in 2023, including around 3 600kWh/cap of electricity.
Total energy consumption rose to 5.9 Mtoe in 2023 (+7%) after remaining stable in 2022 and growing by 7% in 2021.
The country expects to greatly exploit its gas reserves.
The Uruguay energy market data since 1990 and up to is included in the Excel file accompanying the Uruguay country report. It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
Statista R identifies and awards industry leaders, top providers, and exceptional brands through exclusive rankings and top lists in collaboration with renowned media brands worldwide. For more details, visit our website.
Industry-specific and extensively researched technical data (partially from exclusive partnerships). A paid subscription is required for full access.
[español] • [português]
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).[1][2] In terms of actual power generation, 94% of Uruguay''s electricity was generated from renewable sources in 2020; fossil fuels, which generated nearly 40% of Uruguay''s electricity a decade ago, now account for a much smaller fraction.[1][3]
The Uruguayan government states they are focused on reducing emissions from the energy sector so as not to disrupt the agricultural systems which make up 76% of their emissions and 70% of national exports.[4] As of 2017, Uruguay had reduced its greenhouse gas emissions by 88% compared to the 2009-2013 period average.[5] Uruguay aims to be carbon neutral by 2030.[6]
However, the government was still finalizing their national decarbonization strategy as of COP 26 in November 2021.[7]
MIEM (Ministerio de Industria, Energía y Minería) is responsible for formulation and promotion of industrial, energy and mining policies of Uruguay.
DINAMA (Dirección Nacional de Medio Ambiente) issues permits for any project that would be potentially disruptive to the environment.
URSEA (Unidad Reguladora de Servicios de Energía y Agua) is responsible for the regulation of the electrical and water sector.
UTE (Administración Nacional de Usinas y Trasmisiones Eléctricas) is responsible for the electrical grid of Uruguay including generation, transmission, distribution, commercialization, and technical assistance.
ANCAP (Administración Nacional de Combustibles, Alcohol y Portland) is the state-owned company responsible for importing, refining and distributing petroleum products.
As of November 2018, the renewable energy sector employed more than 11,000 workers in Uruguay.[8]
About Electricity market uruguay
As the photovoltaic (PV) industry continues to evolve, advancements in Electricity market uruguay have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Electricity market uruguay for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Electricity market uruguay featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
