Paraguay's Energy Sector Faces Growth Challenges: Insights from Ande's New President
Paraguay's electricity demand grew by 18.3% in the first half of the year, signaling a shift towards substantial industrial development. The new president of Ande, Miguel Báez, outlines strategies to modernize infrastructure and diversify energy sources to meet this demand and attract investments.
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Electricity consumption in Paraguay increased by 18.3% year-on-year in the first half of 2026, emphasizing the need for enhanced energy infrastructure. Miguel Báez, newly appointed head of the Administración Nacional de Electricidad (Ande), aims to modernize the energy matrix by incorporating solar energy and expanding hydroelectric generation capabilities.
The implementation of the 2024-2043 Generation Master Plan will explore non-conventional energy sources, including a 140 MW solar plant to be tendered this year. Strategic partnerships and a new legal framework will facilitate investments in renewable energy, bolstering the country's competitive edge.
The focus remains on ensuring reliable energy supply to support industrial growth, particularly in sectors like agroindustry and electromobility, while maintaining financial sustainability within Ande. The urgency to adapt infrastructure to meet rising demand presents both opportunities and risks for economic stability.
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