Uruguay Energy Storage Power Production

What is Uruguay's energy strategy?

In 2005, Uruguay initiated a dramatic shift in its energy strategy, moving from petroleum-based electricity generation to renewable sources. In 2024, Uruguay generated 99 percent of its electricity from renewable sources using hydropower (42 percent), wind (28 percent), and biomass (26 percent).

Why is Uruguay a net importer and net exporter of electricity?

Incorporating new, local, and renewable sources into its electricity matrix transformed Uruguay from a net importer to a net exporter of electricity, positively impacting the country's energy independence and resolving historical supply issues.

How much solar energy does Uruguay get?

Uruguay receives an average 1,700 KW per square meter of sunlight a year, on par with Mediterranean countries although solar represents only a fraction of the country’s total electricity production. Uruguay’s Investment Promotion Law offers incentives for investing in solar manufacturing, systems implementation, and solar energy utilization.

Could green hydrogen production improve Uruguay's environmental sustainability & energy security scores?

Green hydrogen production could strengthen Uruguay’s Environmental Sustainability and Energy Security scores by diversifying energy generation and enabling large-scale energy storage. This initiative supports domestic emission reduction goals and allows Uruguay to contribute to global decarbonization commitments.