Uruguay's Renewable Energy Boom: 11,000 Jobs and 33% Wind Power in Four Years
Uruguay is making significant strides in renewable energy, investing 3% of its annual GDP in the sector. This commitment has led to a surge in employment, with over 11,000 workers now in the field. The country's energy transition has also seen the privatization of its electricity sector, with the aim of increasing the share of renewable energy and reducing residential electricity prices.
The Center for Training in Operation and Maintenance in Renewable Energies (CEFOMER) was established in Durazno in 2018, a joint effort by the Instituto Nacional de Tecnología Agropecuaria (INTA), the Centro Universitario Regional del Este (CURE), and the Ministry of Industry, Energy and Mining. This initiative reflects Uruguay's dedication to training and developing its workforce in the renewable energy sector.
Uruguay's commitment to renewable energy has yielded impressive results. In just four years, the country's wind power share has grown from a mere 1% to a significant 33%. This rapid growth is a testament to the policy measures implemented by the government, including auctions, fiscal incentives, and net metering. In September, Uruguay set a historical record, with wind power accounting for 48.94% of its electricity generation.
UTE, Uruguay's state-owned power company, is now tasked with increasing its power share from renewable sources and reducing residential electricity prices. This is a challenge that the country is well-positioned to meet, given its robust renewable energy sector and the significant investment in training and development. With over 11,000 workers employed in the sector, Uruguay's commitment to renewable energy is not only environmentally responsible but also a significant contributor to its economy.