Global Organization

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.

What is the energy supply in Paraguay?

Paraguay’s energy supply is mostly used for power generation and for obtaining charcoal and alcohols (bioethanol). During the period 2010-2019, electricity exports represented an average of 75.2% of total production. Figure 3. Total energy supply in Paraguay, 2010-2019 Table 2. Table 3. Supply of forest biomass for energy purposes

Who manages Paraguay's energy sector?

The Ministry of Public Works and Communications (MOPC) manages Paraguay’s energy sector through the Vice-Ministry of Mines and Energy (VMME). In 1993, the VMME was created to be responsible for establishing and guiding policy regarding the use and management of the country’s natural mineral and energy resources.

Is Paraguay a sustainable country?

The Republic of Paraguay is committed to the sustainable development of its energy sector and society. The country is recognised globally for its clean energy matrix, with high shares of renewable energy and electricity generated mainly by hydropower.

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.

How is Paraguay transforming the transport sector?

The transport sector is the main user of fossil fuels and, consequently, Paraguay is promoting the transition of the sector through the use of biofuels, implementation of electromobility, and the use of green hydrogen for larger transport. Progress has included the creation of the Electric Mobility Board in 2018.

Renewable Readiness Assessment: Paraguay

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