Uruguay energy report

• The country's energy policy aims to diversify the energy mix, to reduce its reliance on oil and hydroelectricity, and to promote energy efficiency.
• UTE controls around 50% of the power supply, as well as all transmission and distribution.
• Ancap is the main oil and gas company.
• Petrobras fully divested from the gas distribution sector in 2019.
• The share of wind, biomass, and solar in the power mix increased from 11% in 2010 to 64% in 2020 (95% including hydro).
• Energy prices are among the highest in Latin America.
• Biomass is the main energy source, with 43% of total energy consumption in 2020.
• Industry is the largest energy consumer.
• Uruguay stated a permanent offer on hydrocarbon exploration blocks.
• The planned floating LNG terminal is put on hold.
• Renovation of the Salto Grande hydro power plants started.

• Institutions & Energy Policy

  The Ministry of Industry, Energy and Mines (MIEM), through its National Energy Department (DNE),supervises the energy sector, with the exception of the Salto Grande joint hydroelectric plant between Uruguay and Argentina, which is under the direct management of the Ministry of Foreign Relations.

• Energy Supply

  Resources:

  Like its immediate neighbours, Uruguay has large hydroelectric resources, especially along the Uruguay River, which it partly exploits in collaboration with Argentina. However, those resources are limited and all the projects have already been developed or are currently being developed. Of a theoretical resource of 32 TWh, just 7.2 TWh is economically exploitable.

• Energy Prices

  Electricity:

  The final prices of electricity in 2020 were US$21.6c/kWh for households under the normal tariff (-13% compared to 2019) and US$11.6c/kWh for industry (-5%). Prices for households are among the highest in Latin America.

• Energy Consumption

  The average primary energy consumption per capita is 1.5 toe, including around 3 300 kWh/cap (2020).

  Uruguay's total consumption increased on average by 4.3%/year between 2010 and 2016 and has remained roughly stable since then (5.2 Mtoe in 2020).

• Issues & Prospects

  Gas:

  The country expects to greatly exploit its gas reserves.

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

Download the Table of Contents

Below is a list of the Uruguay 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: Electricity prices for industry and households (US$c/kWh)
• GRAPH 6: Gasoline & diesel prices (US$/l)
• GRAPH 7: Gas prices for industry and households (US$c/kWh GCV)
• GRAPH 8: Consumption trends by energy source (Mtoe)
• GRAPH 9: Total consumption market share by energy (2020, %)
• GRAPH 10: Final consumption market share by sector (2020, %)

In the Uruguay 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.