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

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.

Are stationary energy storage solutions the future of renewables?

New stationary energy storage solutions that can be deployed economically at scale are needed to aid the growth of renewables. The global energy storage market anticipates rapid growth in the coming years, with value estimates of $7 billion per year by 2025 to beyond $26 billion annually by 2022.

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.

Where can solar power be used in Paraguay?

The existing solar potential can energise community centres and isolated productive areas of the country, particularly in Alto Paraguay, Boquerón and Concepción. The wind potential, identified as medium to high quality, is concentrated in the north-western region, specifically in the department of Boquerón.