100%
fossil fuel import 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 2021 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 import dependence
85%
share of renewables in the power mix (2021)
53%
share of renewables in total consumption in 2021
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
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
Gas:
In 2021, natural gas prices are US$7.2c/kWh for industry (+23% compared to 2020) and US$9.3c/kWh for households (+21%).
Graph: GAS PRICES FOR INDUSTRY AND HOUSEHOLDS (US$c/kWh GCV)
Energy Consumption
The average primary energy consumption per capita is 1.6 toe, including around 3 300 kWh/cap (2021).
Total energy consumption increased by 8% in 2021 to 5.6 Mtoe, after a period of stability since 2016. Previously, it increased by 4%/year on average between 2010 and 2016.
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 2021 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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