Renewable Readiness Assessment: Paraguay
The energy mix of the Republic of Paraguay is dominated by clean energy sources, with one of the highest shares of renewable energy in South America. Hydropower accounts for the largest share of
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.
Therefore, Paraguay is aiming to diversify its energy mix through the promotion of other renewable energy resources and the implementation of low carbon-technologies such as green hydrogen. Renewable energy technologies are an afordable option for the diversification of the Paraguayan energy mix.
To boost its low-carbon electricity generation, Paraguay can focus on expanding its portfolio beyond hydropower by harnessing additional clean energy technologies, especially solar and nuclear energy. Solar energy presents a significant opportunity due to Paraguay's geographic location with abundant sunlight.
Solar energy presents a significant opportunity due to Paraguay's geographic location with abundant sunlight. Meanwhile, the stable and continuous output of nuclear energy can provide a reliable complement to hydropower, ensuring energy security and grid stability.
The energy mix of the Republic of Paraguay is dominated by clean energy sources, with one of the highest shares of renewable energy in South America. Hydropower accounts for the largest share of
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