The World's #1 Renewable Energy Network for News, Information, and Companies.

Uruguay Boosts Wind-power Estimate to 1,000 Megawatts by 2015

Uruguay Boosts Wind-power Estimate to 1,000 Megawatts by 2015

Uruguay increased the amount of wind-powered electricity it plans to bring online in coming years, saying it wants to capitalize on cheap turbine prices.

Uruguay plans to cram 1,000 megawatts of wind generation onto its grid by the end of 2015, compared with a September estimate of 800 megawatts, Ramon Mendez, director of energy at the Ministry of Industry, Energy and Mining, said yesterday in a telephone interview. It has about 40 megawatts online now.

“During some windy nights in summer, we will have 80 to 90 percent of our energy coming from wind,” Mendez said. “It’s incredible.”

The 1,000-megawatt addition is almost the maximum the country’s electricity grid can handle, Mendez said. More than half of that may be under construction by year-end, he said.

National power company Administracion Nacional de Usinas y Transmisiones Electricas will sign contracts by September to buy energy from 650 megawatts of projects planned by companies including Spain’s Abengoa SA and Germany’s Enercon GmbH, Mendez said.

The average global price of wind turbines has fallen 25 percent to 850,000 euros ($1.1 million) a megawatt since its 2008 peak due to decreased demand as governments including Spain and Italy have cut renewable-energy subsidies following the economic downturn, Eduardo Tabbush, an analyst at Bloomberg New Energy Finance’s London office, said today in a telephone interview.

‘Incredible Price’

Uruguay committed to wind energy after an auction in August for 150 megawatts of new projects saw 17 companies offer to sell energy at rates as low as $62.35 a megawatt hour, Mendez said.

“We got an incredible price,” Mendez said. “Any economist will tell you you should develop as much of this as possible.”

In December, the government issued a decree allowing UTE to buy power from the remaining participants at the average rate awarded to the three winners. Developers for 13 of the 20 projects that were denied contracts in the bid agreed to the terms.

In May, a decree was issued allowing large power consumers to erect turbines and sell the excess energy to UTE.

Six projects with 342 megawatts of capacity that were awarded contracts to sell energy to UTE following two auctions held 2010 and 2011 will come online through 2014. The remaining 13 projects with 650 megawatts may be producing power as soon as 2015.

Uruguay has 2,350 megawatts of capacity online including 1,500 megawatts of hydroelectric dams that may be turned on when the wind isn’t blowing, he said.

The nation ascertained through a four-month study that it was able to attach 1,200 megawatts of wind farms to its grid “without any problems,” he said.

Copyright 2012 Bloomberg

Image: Wind farm via Shutterstock


U.S. Offshore Wind Power Industry Starting to Emerge

Ehren Goossens, Bloomberg A few miles off the coast of Block Island, a new U.S. industry is emerging from the Atlantic Ocean. That’s where Deepwater Wind LLC is installing a massive steel frame, more than 1,500 tons, that sits on the seabed and jut...

100-MW Kenyan Wind Farm Will Help Power Africa

Renewable Energy World Editors As part of President Obama’s Power Africa initiative, the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, announced that it committed $233 million in debt financing to...

Major US Corporations Pledge To Increase Renewable Energy Usage, Decrease Carbon Footprint

Justin Sink, Bloomberg Executives from 13 major U.S. corporations are announcing at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Na...

Hillary Clinton Outlines Renewable Energy Proposals; Will Further Obama Climate Goals

Jennifer Epstein and Mark Drajem, Bloomberg Hillary Clinton on Sunday set two "bold national goals" to combat climate change, promising that if she's elected president, she would set the United States on a path toward producing enough clean renewable ...


Volume 18, Issue 4


To register for our free
e-Newsletters, subscribe today:



Doing Business in South Africa – in partnership with GWEC, the Glob...

Wind Energy in South Africa has been expanding dramatically, growing fro...

StartUp Green

AREI, American Renewable Energy Institute, in partnership with ...

AWEA Offshore WINDPOWER 2015 Conference & Exhibition

Building Up and Trending Forward With the construction of the Block Isla...


Clean Energy Patents Maintain High Levels in First Quarter, Solar L...

U.S. patents for Clean Energy technologies from the first quarter of 201...

Koch Professor drops his Koch title, still makes same errors plus s...

The Koch Professor’s title isn’t the only thing that’s...

Fact Check: AWEA represents American wind power

The American Wind Energy Association (AWEA) is proud of its members for ...


Tweet the Editors! @megcichon @jennrunyon


Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now