Paraguay Energy Information
Paraguay Key Figures
GDP growth rate: -0.6 %/year
Energy independence: 100%
Data of the last year available: 2020
CO2 Emissions: 1.02 tCO2/capita
Rate of T&D power losses: 23.5%
* at purchasing power parity
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Paraguay Related News
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Paraguay Related Research
Total 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)
Graph: TOTAL CONSUMPTION MARKET SHARE BY ENERGY (2020, %)
Interactive Chart Paraguay Total Energy Consumption
Crude Oil Production
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.
Interactive Chart Paraguay Crude Oil Production
Renewable in % Electricity Production
The National Development Plan (2014-2030) set a target of 60% of renewables in total energy consumption by 2030. In order to achieve this objective, the country authorizes private investment in renewable energy. IPPs are allowed to sell renewable electricity directly to companies or electricity distributors. The national electric utility ANDE will have to bid to buy this electricity.
Interactive Chart Paraguay Share of Renewables in Electricity Production (incl hydro)
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CO2 Fuel Combustion/CO2 Emissions
Paraguay updated its NDC in 2021 but has kept the same target as in its first NDC, which is to reduce GHG emissions by 20% in 2030 compared to a BAU projection (10% conditional target and 10% unconditional).
CO2-energy emissions fell by 6.5% in 2020, to 7.3 MtCO2, around 4 times the 1990 level; they had already declined by 3% in 2019, following very rapid growth between 2014 and 2018 (by around 11%/year) due to surging oil product consumption, particularly in the transport sector.
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