Why is Uruguay turning to wind power?

The answer lay in a strategic pivot towards renewable energy sources, particularly wind power. The true transformation began with a bold bet on wind energy. By 2008, Uruguay was experiencing economic growth that outpaced its existing energy supply.

Is wind power a good investment in Uruguay?

Significant investments in wind power over the last decade have led to an increased share of this technology, which has now surpassed hydropower in terms of installed capacity and constitutes more than half of Uruguay’s renewable energy capacity (IRENA, 2019g). National policy had a strong influence on these developments.

How did the wind energy programme work in Uruguay?

This funded the Uruguay Wind Energy Programme, which ran until 2012 and focused on policy reform and technical capacity building. The Wind Energy Programme supported the Government of Uruguay in creating an ambitious national policy on renewable energy.

How much wind power does Uruguay have?

The country has continuously exceeded its wind targets. The government aimed to have 300 MW of installed wind capacity by 2015, which was increased to 500 MW as development beat expectations. Uruguay now aims to generate 38 percent of its electricity from wind by the end of 2017, more than doubling the current share.

How did the energy industry change in Uruguay?

The true transformation began with a bold bet on wind energy. By 2008, Uruguay was experiencing economic growth that outpaced its existing energy supply. As demand surged, blackouts became more frequent, leading to increased electricity bills and the implementation of rationing measures.

Why is Uruguay achieving 98% renewable electricity?

Uruguay’s remarkable achievement in achieving 98% renewable electricity showcases the effectiveness of innovative public-private partnerships and a steadfast commitment to sustainability.