Paraguay energy report

• The country aims at reducing its fossil fuel consumption by 20% and at reaching 60% of renewables in its energy mix in 2030.
• Almost all the capacity is based on multinational hydropower plants that are operated jointly with other countries: Itaipú with Brazil and Yacyretá with Argentina.
• Paraguay is the largest power exporter in South America and the seventh largest worldwide.
• The share of hydro in power generation reaches almost 100%.
• Oil products consumption is entirely covered by imports.
• Gasoline is 30% more expensive than in Brazil or Argentina, while electricity prices are among the lowest in South America and three times lower than in Brazil.
• Energy consumption per capita is among the lowest in South America.
• Total consumption is dominated by biomass and oil.
• Investments in the power sector will mainly go to the power grid, as the country uses a small share of its total production.
• EBC is investing in the first advanced biofuel of southern hemisphere: Omega Green.

• Institutions & Energy Policy

  The energy sector is under the supervision of the Ministry of Public Works and Communication (MOPC), and more particularly the Vice Ministry of Mines and Energy.

• Energy Companies

  Electricity:

  ANDE (Administración Nacional De Electricidad)is the national electric utility. It is still vertically integrated.

• Energy Supply

  Oil:

  The country's only refinery ceased operating in 2005. Since then, oil product consumption is entirely based on imports, which reached 2.4 Mt in 2020. Oil product imports grew strongly between 2013 and 2018 (11.5% per year) to a peak of 2.7 Mt.

• Energy Prices

  Electricity:

  Electricity tariffs are not subject to tax. Since 1995 (end of the monopoly) electricity prices have been based on fixed costs. The large share of hydropower results in relatively low power prices compared to other South American countries (second lowest after Argentina).

• Energy Consumption

  Total energy consumption stands at 1 toe/capita and electricity consumption at 1 920 kWh/capita (2020), which is 20% below the South American average.

  Total energy consumption increased at a rapid pace between 2013 and 2018 (8%/year) to 7.3 Mtoe, and has slowly declined since then (-2%/year), reaching 7 Mtoe in 2020.

  Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

• Issues & Prospects

  Electricity:

  The last Generation Master Plan (2021 - 2040) of ANDE relies on an annual increase of 5.8%/year in electricity consumption until 2030 and between 4.4 and 5.8%/year between 2031 and 2040, depending on the scenario. An additional 2.15 GW of generation capacity is planned on the long term, mainly based on PV (1.6 GW) and batteries.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Paraguay energy market report graphs:

• GRAPH 1: Co₂-Energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2020, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2020 %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Consumption trends by energy source (Mtoe)
• GRAPH 8: Total consumption market share by energy (2020, %)
• GRAPH 9: Final consumption market share by sector (2020, %)

In the Paraguay energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.