Electricity in Paraguay in 2022

Paraguay is ahead of the game with a commendable 100% consumption of electricity from low-carbon sources. This is mainly due to hydroelectric power accounting for over 99% of the energy source. What sets Paraguay further apart is its position as a significant net exporter of low-carbon electricity. This not only helps Paraguay in its energy requirements but also aids neighbouring countries in lowering their emission levels. However, with the progressing aim to electrify other sectors such as transport, industry, and heating, there will be a need for significant expansion in electricity generation.

Suggestions

To meet these growing needs, Paraguay could consider diversifying its low-carbon energy sources. With a strong standing in hydroelectric power, the country could look at expanding into other low-carbon options such as nuclear, wind, and solar power. These alternative sources of energy are clean, sustainable, and can significantly boost the country's power generation capacity. Expanding into these areas would not only ensure Paraguay meets its increased electricity demands but also strengthen its position as a low-carbon energy leader.

History

Looking at the historical data on low-carbon electricity in Paraguay, a remarkable consistency in hydroelectric power generation is evident. From as far back as the mid-1980s, hydroelectric power was the primary source of electricity. There was notable growth in the generation of hydroelectricity from 1985 to 1997 with only a few fluctuations. The new millennium hit a rough patch with a significant dip in 2001, but the country bounced back. More recent years have seen some occasional declines, such as in 2014, 2017 and 2019, but recovery was always quick. Overall, Paraguay's history of hydro-based electricity generation has displayed resilience to change and a rare dedication to low-carbon energy sources.

Electricity Imports and Exports

Balance of Trade

Data Sources