Uruguay says current energy crisis is over

Uruguay’s energy authorities have said the recent energy crisis that has crippled the country has been overcome following the recent high rainfall.

This South American nation, which is highly dependent on hydropower for its energy needs, had been experiencing one of the worst energy crisis in its history following a period of low rainfall resulting gin huge water deficits.

According to Noticias Financieras, this cost the country about $1bn, citing official figures.

Rainfall registered between June and July has enabled Uruguay to stop importing on a daily basis electricity from Argentina, the report said.

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