Global Organization

What is Paraguay's energy policy?

For this purpose, Paraguay aims at taking advantage of alternative energy sources such as solar and wind energy, in addition to further developments in small and large hydropower. The policy also proposes strengthening energy research and innovation and the country’s resource management capacity (for details, see section 2.4).

How can Paraguay improve energy security?

These aspects are clearly highlighted in Paraguay’s National Energy Policy 2016-2040 and, more recently, in concrete actions outlined in the Energy Agenda 2019-2023, which focuses on the key pillars for enhancing energy security through the use of renewables, encouraging renewable-powered electrification and promoting sustainable mobility.

Will Paraguay have more renewable capacity by 2025?

Additional renewable capacity by 2025 Paraguay’s Development Finance Agency (AFD) has access to concessional and non-reimbursable resources from the GCF to finance renewable energy and energy eficiency projects.

Why is the energy sector important in Paraguay?

Paraguay’s National Energy Policy 2016-2040 recognises the importance of the energy sector for economic growth by increasing the country’s productivity and promoting sustainable development. The energy sector is a key contributor to human development (UNDP, 2020) and job creation.

How much energy does Paraguay use per month?

Selected variable renewable energy projects in Paraguay 7.7 kilowatt hours (kWh) per month to 90 kWh per month) and in the residential sector (where average consumption per user grew from 231 kWh per month to 363 kWh per month) (ANDE, 2018a).

What is Paraguay doing now?

Paraguay is currently co-chairing, pro tempore, the Steering Committee of the GCF Readiness Project on Advancing a Regional Approach to Electric Mobility in Latin America. The country is also preparing a Green Hydrogen Road Map, following the guidelines of the National Energy Policy and, more specifically, the Sustainable Energy agenda 2019-2023.

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