"Renewables Readiness Assessment: Paraguay" identifies 15 specific actions that could significantly accelerate the adoption of renewable energy in Paraguay around the following six key areas: Strengthen energy institutions and governance; Enhance energy policy, long-term planning, and the regulatory framework for the renewable energy sector
Diversifying the energy mix by tapping into abundant solar and wind resources, and establishing clear guidelines to increase the application of renewables across all end-use sectors can improve energy security, support economic growth, and enhance climate resilience in Paraguay, according to a new report published by the International Renewable
The International Renewable Energy Agency (IRENA) has released a new report analysing the adoption of clean energy resources in Paraguay. The Renewables Readiness Assessment: Paraguay report assesses the actions required to help the Latin American country diversify its energy mix for sustainability and secure energy supply.
In 2014, Paraguay established renewable energy targets in its National Development Plan 2014–2030, commit-ting to increase its consumption of renewable energy by 60% and reduce the consumption of fossil fuels by 20% (including 10% that are conditional on international sup-port), targets that are also included in the country''s 2016
By promoting biofuels, Paraguay aims to cut carbon emissions and reduce its reliance on imported fossil fuels. The shift toward biofuels is part of a broader "energy transition" that the government sees as crucial to modernizing the country''s energy infrastructure.
The RRA for Paraguay has identified 15 short and medium-term actions that could create more conducive conditions for renewable energy deployment in the country. These recommendations are grouped in six thematic areas: Strengthen institutional structure and governance in energy; Enhance planning, policy and the regulatory framework for renewable
The report—available below in English and Spanish—integrates the results of three energy models with findings from literature review and expert interviews to provide recommendations for Paraguay to reduce greenhouse gas (GHG) emissions to meet its climate change commitments under the Paris Agreement by decarbonizing the country''s energy
In recent years, the share of fossil fuels in Paraguay''s energy mix has grown. The country''s increasing dependence on these fuels has resulted in rising greenhouse gas emissions from the energy sector, adversely affecting Paraguay''s energy security and climate commitments. This fossil fuel use is driven mainly by the
By the same year, Paraguay aims to reduce by 20% the share of fossil fuel Paraguay established renewable energy targets in its National Development Plan 2014–2030. The country''s goal is to reach 60% of renewable energy in total energy consumption by 2030.
At present, Paraguay''s 100% need of petroleum products such as gasoline, diesel, and LPG (cooking gas) is imported by paying the hard currency. These imported fossil fuels can be completely replaced by electrolytic hydrogen produced from domestic renewable energy sources.
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