IBOV 174,951.12 ▲ 0.21% IPSA 11,369.64 ▼ 0.71% IPC MEX 66,644.91 ▲ 0.53% MERVAL 3,019,891 ▲ 0.36% COLCAP 2,493.32 ▼ 0.60% BVL PERÚ 60,449.35 ▲ 0.24% USD/BRL5.15▲ 0.07% USD/MXN16.95▲ 0.02% USD/CLP920.77▲ 0.82% USD/COP3,117▲ 1.76% USD/PEN3.35▼ 0.15% USD/ARS1,514▲ 0.12% USD/UYU40.18▲ 1.55% USD/PYG5,957▲ 0.99% USD/BOB11.50▲ 1.47% USD/DOP58.07▼ 0.41% USD/CRC450.21▲ 2.07% USD/GTQ7.62▲ 2.21% USD/HNL26.82▲ 0.34% USD/NIO36.62▲ 0.09% USD/VES785.05▼ 0.19% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 1.10% EUR/BRL6.00▼ 0.09% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 174,951.12 ▲ 0.21% IPSA 11,369.64 ▼ 0.71% IPC MEX 66,644.91 ▲ 0.53% MERVAL 3,019,891 ▲ 0.36% COLCAP 2,493.32 ▼ 0.60% BVL PERÚ 60,449.35 ▲ 0.24% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Wednesday, August 26, 2026

Latin America Business - Brazil

Electromobility and green hydrogen: Uruguay’s second energy revolution

By · April 1, 2022 · 3 min read

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RIO DE JANEIRO, BRAZIL – With a record number of vehicles sold in 2021, electric mobility continues to grow in Uruguay, a country where 98% of its energy is generated from renewable sources and has already focused on green hydrogen.

The country is ready to take on new challenges after an investment of US$8 billion from 2010 to date and after completing the first stage of its transformation from the almost total decarbonization of the energy matrix.

ELECTRIC TRANSPORTATION

Currently, electric energy is used by about 600 vehicles that run on streets and roads within Uruguay’s nearly 175,000 square kilometers. Among these are about 35 buses and 100 cabs.

Currently, electric energy is used by about 600 vehicles that run on streets and roads within Uruguay's nearly 175,000 square kilometers. Among these are about 35 buses and 100 cabs.
Currently, electric energy is used by about 600 vehicles that run on streets and roads within Uruguay’s nearly 175,000 square kilometers. Among these are about 35 buses and 100 cabs. (Photo: internet reproduction)
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To encourage people to bet more and more on this, the Government offers several measures from the economic point of view to encourage it. The removal of taxes and energy efficiency certificates are some of these.

“Uruguay, compared to the region, has done many things, and I think it is a good kick to continue deepening, but much remains to be done,” says during an interview with Efe, the national director of energy, Fitzgerald Cantero.

Accordingly, he indicates that one of the challenges is to achieve an electrical network of continuous charging chargers throughout the national territory.

“The vast majority of people charge at home, but obviously, you need to have a good public charging network,” he adds.

In December 2017, Uruguay inaugurated the first electric route in Latin America, which linked the city of Colonia del Sacramento (southwest) with Punta del Este (southeast), two of the most visited by tourists during the southern summer.

Currently, there are some 140 charging points, the vast majority of which are alternating current, while seven are direct current, which is expected to increase in the coming months, Cantero said.

But beyond this, the director of energy puts the focus even further and assures that the Southern Cone must have an electric route linking the Atlantic with the Pacific so that people can move around the region with their electric vehicles without any problems.

ANY DOUBTS?

Faced with some people’s doubts when thinking about an electric vehicle, Rodrigo Zorrilla de San Martín, vice president of the Uruguayan Association of Renewable Energies (Auder), assures Efe that, technologically, these “have improved a lot.”

“The autonomy has improved a lot, and the price has improved significantly. Then, what has happened in recent years, is that the different brands have begun to bring models,” he stresses.

He also points out that the experience of cabs and buses helped encourage many people to try private electric vehicles.

“Many people’s first fear was that the car would go out on the street and the battery would stop working. That hasn’t happened. It’s not like a lot of people think batteries are short-lived. They last; they have enough cycles,” he says.

Regarding another fear of users, the repairs in case they are damaged, Cantero says that, in addition to the fact that there are already courses, Uruguay is about to obtain funds from the Inter-American Development Bank (IDB) to generate a training center in electric mobility.

GREEN HYDROGEN

Considered by the Ministry of Industry, Energy, and Mining as a pivotal link to completing the second energy transition in the country, green hydrogen appears as another option when talking about mobility.

It contributes to the decarbonization of heavy and long-distance maritime and air transport. It also contributes to the decarbonization of industry, electric power, the residential sector, and the production of various raw materials.

There is currently a call for research, innovation, and training projects based on this type of energy in the South American country, to which international companies will apply.

It will be the first step for a country thinking about both domestic consumption and exports.

In this way, Uruguay, recognized in 2020 by the World Economic Forum as the most advanced American nation in the electric energy sector, looks ahead and continues to seek carbon neutrality by 2050.

With information from EFE

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