Energy in Uruguay
Energy in Uruguay describes [World World energy resources and consumption|energy resources and consumption|energy] and electricity production, consumption and import in Uruguay. As part of climate mitigation measures and an energy transformation, Uruguay has converted over 98% of its electrical grid to sustainable energy sources. Fossil fuels are primarily imported into Uruguay for transportation, industrial uses and applications like domestic cooking. Four hydroelectric dams provide much of the country's energy supply.
Overview
Historically, energy has been a stronghold of state-owned companies, such as UTE and ANCAP. The National Directorate of Energy is the main governmental body in charge of energy policies.The 2008 financial crisis made many of the materials to produce renewable energy cheaper, therefore Uruguay decided it would be the best time to develop their clean energy sector, heavily investing in 2011 and 2012. This has helped increase the country's output. These projects are all developed by the Uruguayan Energy Policies of 2005-2030.
Uruguay's renewable energies provide over 98% of the country’s electricity and 55% of the country's total energy mix.