Wind power to put Uruguay ahead in global renewable enegy stakes
Uruguay set to become world leader in wind power
South American nation plans to produce 90 per cent of its electricity from renewable sources by 2015
BusinessGreen 07 Jan 2013
Uruguay has set its sights on becoming one of the world’s leading wind power producers as part of plans to produce 90 per cent of its electricity from renewable sources by 2015.
Electricity generated from wind is expected to make up 30 per cent of the South American nation’s total mix, with hydropower contributing 45 per cent, and biomass 15 per cent, according to reports from SmartPlanet.
This would put Uruguay ahead of current renewable energy leader Denmark, which gets 26 per cent of its electrical generation from wind.
While Uruguay has a number of hydro power plants, these tend to shut down in dry periods, forcing the country to purchase electricity from Argentina at up to $400per megawatt hour (MWh). The government hopes installing wind farms could provide a more secure source of energy and drop electricity prices to around $64/MWh, well under the current price of $90/MWh…..
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