Paraguay: government establishes new targets for electromobility and bioenergy in its new National Energy Policy up to 2050

On September 19, 2024, the Government of Paraguay signed Decree No. 2553, which approves the Energy Policy of the Republic of Paraguay to 2050 and repeals Decree No. 6092 of October 10, 2016.

The policy proposes short-term (to 2028), medium-term (to 2035) and long-term (to 2050) action plans. These include the strategic axis energy matrix, which encompasses the electric, renewable alternative sources, hydrocarbons and bioenergy sub-sectors, among others. Below are some of the instruments to be developed within these four sub-sectors.