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Wind energy in Uruguay to hit 30% in 2016 - report

September 23 (SeeNews) - Uruguay's wind power generation will grow to over 30% of the electricity mix at the end of 2016 from 18% now amid the construction of new wind farms, the chairman of state-owned utility UTE, Gonzalo Casaravilla, said Monday.

UTE, or Administracion Nacional de Usinas y Trasmisiones Electricas, also expects to have 1,400 MW of operational wind capacity in the country at the beginning of 2017. The chairman told Teledoce TV that wind energy has brought improvements in terms of savings, tariffs and environmental impact.

Before the increase in wind and biomass capacity in the last years, the country had mostly relied on hydropower and fuel, and its hydroelectric plants remain the main power producer at present.

UTE is investing almost USD 3 billion (EUR 2.69bn) in generation, transmission and distribution between 2010 and 2017. Due to its existing interconnection with Argentina and the completion of a new one with Brazil, the company will soon have two markets and better commercial conditions to sell its surplus of electricity, Casaravilla added.

(USD 1 = EUR 0.896)

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Browse all articles from Diana Hristova

Diana Hristova is our expert for Latin America. She has spent several years following the diverse industries in the region, the energy sector most of all. Now Diana is exploring Latin America’s huge wind, solar, geothermal and hydropower potential.

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