Preparing the way for a major restructuring of its energy matrix, Uruguay plans by 2016 to rank among countries with the highest percentage of electric power generated from renewable sources. From 500 to 600 wind turbines are expected to be installed over the next three years in 22 land-based wind farms under concessions awarded thus far to private firms. Meanwhile, a variety of solar and biomass projects are underway or planned. In all, the government says it expects that within three years, renewable power, including hydroelectricity, will make up 60% to 70% of Uruguay’s power supply. Authorities also hope that the emphasis on renewable power, coupled with targeted use of new natural-gas capacity, will reduce the country’s dependence on oil to 30% from... [Log in to read more]