Uruguay energy storage policy

What is the energy policy of Uruguay?

Uruguay's energy policy, as outlined in the National Energy Policy 2005-2030, aims to diversify the energy mix, reduce dependency from fossil fuels, improve energy efficiency, and increase the use of endogenous resources, mostly renewables. The overall objective is to reduce dependency from fossil fuels and increase the use of renewable energy sources.

Does Uruguay have a solar energy policy or plan?

Uruguay established the Solar Plan (Decree 50/012) in 2012 to increase the use of solar energy for water heating in households. The plan offers optional five-year financing on a non-for-profit basis from the public mortgage bank (BHU), with payments included in the electricity bill.

Is it legal to use solar hot water in Uruguay?

Renewable energy heating legislation in Uruguay includes mandates for solar hot water (Law 18585 and Decree 451/011).

Why did Uruguay reopen the Nuclear Debate?

The energy crisis in Uruguay in 2007 led to Uruguay reopening the nuclear debate under the presidency of Tabaré Vázquez, when the Executive Branch established a multiparty committee devoted to the study of the use of nuclear energy to generate electricity and the installation of a nuclear power plant.

Why are fossil fuels mainly imported into Uruguay?

Fossil fuels are largely imported into Uruguay for transportation and industrial uses. The high import costs, and the rapid transition to renewables on the electricity grid has increasingly made fossil fuels less important. Uruguay is a petroleum - importing country, and most of the industry is controlled by the state owned industry ANCAP.

What is the main source of energy in Uruguay?

Fossil fuels are primarily imported into Uruguay for transportation, industrial uses and applications like domestic cooking. Four hydroelectric dams provide much of the country's energy supply. Historically, energy has been a stronghold of state-owned companies, such as UTE and ANCAP.