WiRE South America Central
Bolivia, Paraguay
Bolivia and Paraguay, the heart of South America, present a compelling narrative of energy evolution. Bolivia, rich in natural gas reserves, is pursuing energy sovereignty through nationalization and strategic partnerships, aiming to become a regional energy powerhouse. Simultaneously, the country is exploring its vast lithium reserves, a key component in battery technology, positioning itself at the forefront of the global shift towards renewable energy. Paraguay, on the other hand, stands as a hydroelectric giant, generating nearly all of its electricity from the mighty Itaipu Dam, one of the world's largest. This abundance of clean energy fuels its economy and positions it as a key exporter in the region. While both countries face the challenge of balancing economic development with environmental sustainability, their distinct energy journeys offer a fascinating glimpse into the diverse energy landscape of central South America.