100%
fossil fuel imports dependence
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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 2019 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.
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Highlights
100%
fossil fuel imports dependence
+1.4 GW
wind capacity installed between 2013 and 2017
70%
Share of renewables in power capacity in 2019
Abstract
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
Oil:
Most of the oil imports consist of crude oil. The only refinery in the country, Teja, has a capacity of 50 000 bbl/d. In 2019, the volume of crude oil acquired was 12 Mt, recovering average levels since the 0.5 Mt of imports registered in 2017 due to programmed maintenance of the refinery. Oil came mostly from Angola (43%), USA (27%), and Nigeria (25%).
Energy Prices
Electricity:
According to UTE, the final prices of electricity in 2019 were: US$24.8c/kWh for households under the normal tariff (-7% compared to 2018), US$12.1c/kWh for large consumers (-2%). These prices are among the highest in Latin America after Brazil and Chile.
Energy Consumption
The average primary energy consumption per capita is 1.5 toe, including around 3 300 kWh/cap (2019).
Uruguay's total consumption increased by 3%/year between 2010 and 2016. It decreased by 2.4% in 2017, recovered in 2018 (+3.3%) and then dropped by 1% in 2019 to 5.2 Mtoe.
Issues & Prospects
Gas:
The country expects to greatly exploit its gas reserves.
Below is a list of the Uruguay energy market report graphs:
In the Uruguay energy market report you will find the following tables:
The Uruguay energy market data since 1990 and up to 2019 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:
The Uruguay country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
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