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Amgine
@Amgine@mamot.fr  ·  activity timestamp 2 weeks ago

Forbes: Uruguay’s Renewable Charge: A Small Nation, A Big Lesson For The World — https://www.forbes.com/sites/kensilverstein/2025/10/19/uruguays-renewable-charge-a-small-nation-a-big-lesson-for-the-world/

A key takeaway: #Hydro and #Wind provide 80%, #Biomass 15%. 1-3% is from flexible thermal (fossil fuel powered,) with the balance being #Solar.

#Uruguay's #EnergyTransition shows there is a #ThirdWay, producing effectively all their energy with renewables and without high tech #StorageBatteries. They do not rely on #silicon solar, either.

It added 50,000 jobs, in a nation of 3.5 million.

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Amgine
@Amgine@mamot.fr replied  ·  activity timestamp 2 weeks ago

Think about that last stat for a moment.

The **added** jobs in the clean energy system amount to nearly 1.5% of the total population, and 2.2% of the working age population.

And according to the article it cut the nation's energy cost by 50%, the transition brought $6 B in foreign investments to the industry.

And another key take-away: the nation's economy is no longer subject to global energy market price volatility. A widget price does not go up or down on oil's price.

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Amgine
@Amgine@mamot.fr replied  ·  activity timestamp 2 weeks ago

All-in, this is a brilliant piece of foreign policy. It sharply decreases the nation's reliance on imports as it reduces reliance on strategic minerals, technologies, and diversifies its energy supply.

As economic policy, I am not aware of its equal. As a nation with limited extractive industries beyond forestry, minimizing costly imports - such as oil - is essential. And it was implemented across 5 successive administrations! The stability improves Uruguay's attractiveness for investment, too.

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