Market Overview

Research and Markets: Uruguay 2012 Energy Report: Uruguay Investing Significantly in Renewables to Achieve a Share of 30% by 2015 (1000 MW) from Wind and 15% from Biomass

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DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/3lkmjz/uruguay_energy) has announced the addition of the "Uruguay Energy Report" report to their offering.

This report provides updated facts and figures on the evolution of the national energy market. For the oil, gas, coal and power markets, the report details the market organisation, institutions regulating the market, and energy policy of the country. Energy companies active on the market are analysed. Domestic production, capacities, exchanges, consumption by sector and market shares are provided. Energy prices levels and taxes are described. Finally, the driving issues, and the market prospects are proposed.

HIGHLIGHTS IN URUGUAY

Uruguay is investing significantly in renewables to achieve a share of 30% by 2015 (1000 MW) from wind and 15% from biomass (500 MW) in its generation power mix. In addition, Uruguay has recently signed several agreements for joint power projects with Brazil (power interconnection, biomass power plant).

In Latin America, the dynamic trend in energy consumption observed in 2010 (+5.1%) stopped in 2011 (+0.8%), following the sharp slowdown in Brazilian energy consumption (+1.4%, from +10% in 2010). Primary energy increased by 2% (+20 Mtoe, of which +16 Mtoe in Colombia, where crude oil production grew by 18%). In 2011, the energy intensity of the GDP dropped by 3.7% (30% below the world average).

For more information visit http://www.researchandmarkets.com/research/3lkmjz/uruguay_energy.

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Energy and Natural Resources




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