How can Paraguay benefit from solar energy?

Solar energy, in particular, is seen as a vital addition, taking advantage of Paraguay’s abundant sunlight to reduce pressure on its hydropower resources. The government also plans to harness bioenergy through biomass and biogases, tapping into organic waste and agricultural byproducts as fuel sources.

Can Paraguay use natural gas as a transitional energy source?

In addition to its focus on renewables, Paraguay is also looking to natural gas as a transitional energy source. The country’s new energy policy includes a project to integrate natural gas into its energy matrix. This would provide a reliable alternative to hydrocarbons while renewable technologies continue to scale.

What sources of energy does Paraguay have?

Paraguay has enormous water resources and access to two major rivers, the Rio Parana and the Rio Paraguay. 99.9% of the energy that Paraguay produces comes from hydroelectric sources. The country generates 75% of its hydroelectric energy from the Itaipu dam, making it the largest dam in the world along with the Three Gorges Dam.

Should Paraguay rely on natural gas?

By relying on natural gas in the short term, Paraguay can reduce its dependence on coal and oil while ramping up its investments in solar, hydrogen, and bioenergy. Paraguay’s ambitious energy policy is a bold step toward a more sustainable future, but it also comes with challenges.

Does Paraguay need to diversify its energy mix?

Paraguay sees the need to encourage the diversification of its energy mix through the adoption of renewable energy and net zero technologies.

How is electricity generated in Paraguay?

In Paraguay, electricity is almost fully generated by hydropower through two binational public companies: Yacyreta (with Argentina) and Itaipu (with Brazil). Paraguay exports any surplus electricity to Argentina and Brazil.