Could Uruguay become a green hydrogen exporter?
Uruguay is currently planning to become an exporter of green hydrogen and its derivatives and is one of the world’s pioneers in the field of renewable energy. The country has the ability to manufacture hydrogen on a gigawatt scale and could, for instance, supply Germany’s entire methanol need.
What percentage of energy is generated by biomass in Uruguay?
In 2021, biomass represented 41 percent of the total energy supply in Uruguay, while oil and its derivatives were responsible for 42 percent. Uruguay’s high percentage of biomass energy generation is a result of cellulose industry expansion where energy is generated from wood waste products.
Will Uruguay become a leading country in the development of E-Fuels?
Due to its highly decarbonized energy sector with strong wind and solar capacity, Uruguay is expected to become a leading country in the region in the development of e-fuels, or synthetic fuels that are produced using renewable energy.
Why does Uruguay generate a surplus of electricity?
Typically, Uruguay generates a surplus of electricity due to an excess of wind-power capacity. The country seeks to identify additional domestic uses for excess electricity and potentially increase exports to Argentina and Brazil.
How much electricity does Uruguay generate?
According to 2022 data from MIEM, Uruguay generated 14,759 GWh of electricity, 13,343 GWh for internal demand and exported 1,416 GWh to Brazil and Argentina Typically, Uruguay generates a surplus of electricity due to an excess of wind-power capacity.
What products can be imported into Uruguay duty free?
Additionally, electric vehicles, renewable-energy generators and capital equipment can be imported into Uruguay duty free. In comparison, for conventional equipment an average of 14 percent duty applies to products that are not products of Mercosur countries.
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