Uruguay Power Q4 2018
This quarter we have slightly revised down our forecasts for hydropower and biomass generation figures due to a lack ofnew capacity coming online. This notwithstanding, our core assumptions for the sector remain virtually unchanged. Weexpect hydropower to dominate the Uruguayan power generation mix over our 10-year forecast period, accounting for just overhalf of the total in 2027. Non-hydro renewables and oil-fired power generation will account for the rest, while the delayedFSRU project will mean that gas will not play a role in Uruguay's power sector over the coming decade.
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