Viceministerio de Minas y Energía

Paraguay plans to install a nitrogen fertilizer plant in Carmelo Peralta, initially supplied with Argentine gas from Vaca Muerta and later with gas from the Paraguayan Chaco, mainly serving Mato Grosso and Mato Grosso do Sul through the Bioceanic Route and the Paraná-Paraguay Waterway.

Paraguay and the US signed a nuclear agreement to explore uranium, but experts and a senator warn the country lacks the institutional foundations for a safe program and question its need given the mostly renewable energy grid.

The Paraguayan government and industry associations have established a technical agenda to modernize mining with a new code, aiming to attract over $2 billion in investments, despite private sector criticism over a lack of dialogue in the process.

Paraguay has initiated talks with the International Atomic Energy Agency (IAEA) to establish the foundations for a nuclear energy program, aiming to diversify its energy matrix, which is currently dominated by hydropower.

The regulation of the Non-Conventional Renewable Energy Law defines four categories for private participation in electricity generation, but the lack of clarity on grid wheeling charges and the need to pay new producers are expected to affect the price paid by residential consumers.