100 massive concrete blocks, each weighing as much as 10 adult elephants, dancing to the rhythm of Paraguay''s electricity demand. This isn''t a sci-fi movie plot - it''s the revolutionary
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The Hidden Costs of Over-Reliance Imagine if São Paulo''s 2021 blackouts happened in Asunción during peak summer. Regional energy experts estimate Paraguay loses $220 million yearly in
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Paraguay is obliged by treaty to sell excess energy from the Itaipú dam to Brazil at cost price. Economist Miguel Carter calculates that this condition cost Paraguay $75.4bn from 1985 to 2018. Despite Brazilian energy prices being sky-high, Paraguay cannot sell its energy at market prices according to the treaty.
Paraguay has enormous water resources and access to two major rivers, the Rio Parana and the Rio Paraguay. 99.9% of the energy that Paraguay produces comes from hydroelectric sources. The country generates 75% of its hydroelectric energy from the Itaipu dam, making it the largest dam in the world along with the Three Gorges Dam.
In Paraguay, electricity is almost fully generated by hydropower through two binational public companies: Yacyreta (with Argentina) and Itaipu (with Brazil). Paraguay exports any surplus electricity to Argentina and Brazil.
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