Uruguay approaching 100 percent renewable electricity
There are some interesting things happening in Latin America these days regarding clean energy. For example, Uruguay is now spending 15 percent of its gross domestic product on renewables, representing 94.5 percent of its electricity generation and an investment of $ 7 billion over the past five years. Wind, solar and biomass, together with hydropower, represent 55 percent of the overall energy mix.
This is a remarkable achievement, providing an effective case study showing the rest of the world how it can do the same thing. Currently, the contribution of renewable energy to the global energy mix is just 12 percent, with a figure of 20 percent in Europe.