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.

For more Latin American power news



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...