Uruguay seeks alternative sources of energy

Uruguay is looking for alternative sources of energy as it faces a rising cost in energy prices.

By 2015, the country seeks to have built a 1200 MW wind farm, an interconnection with Brazil to enable purchase of 500 MW and the generation of an extra 500 MW through its own combined cycle.

The country estimates its energy supply costs this year will reach about US$900m but by 2015 the cost is expected to go down to $500m, according to a report by Noticias Financieras.

The expansion of energy sources is part of a government strategy aimed at reducing reliance on traditional energy sources like oil, officials have said.

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