Asuncion 100: How Gravity Energy Storage is Reshaping Paraguay
With Asuncion''s pilot achieving $38/MWh levelized storage costs (beating pumped hydro''s $45-50 range), countries from Switzerland to Indonesia are taking notes.
Energy in Paraguay is primarily sourced from hydropower, with pivotal projects like the Itaipu Dam, one of the world's largest hydroelectric facilities. This reliance underscores the need for a robust infrastructure, including efficient transmission networks and distribution systems, to leverage the country's renewable resources fully.
Paraguay generated 51.8 terawatt -hours of electricity in 2004, while consuming only 3.1 TWh. Almost all of the country's electricity production comes from a single facility, the bi-national Itaipu dam. Paraguay is one of the world's largest net exporters of electric power.
Other companies that have signed exploration concessions with Paraguay's government include H.A & E.R. Exploraciones, Pilcomayo Petróleos S.A., Hidroener Consultora, Guaraní Exploration, Union Oil, Paraguay Gas, Boreal Petróleos, Aurora Petróleos and Amerisur. Paraguay has pursued several natural gas import options.
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