The National Administration of State Electrical Power Plants and Transmissions (UTE) executed an investment plan for 283 million dollars during 2023, and plans to invest an approximate figure of 260 million dollars during this year in different energy works in Uruguay.
Although 2023 was not the best year for UTE, within the framework of the drought historic event that lowered the dam reservoirs to minimum levels for the generation of energy hydroelectric, The state company not only managed to close the year with profits, but also fulfilled its ambitious investment plan projected for the year that ended.
In that sense, the president of the company, Silvia Emaldi, declared a investment executed for 283 million dollars in 2023 in the final balance of the closed year.
Likewise, he announced that this year the amount of the investment It will be similar, around 260 million dollars, to complete the five-year period of the current administration with the stated objectives met. In this regard, UTE is promoting an investment of 100 million dollars for the expansion of photovoltaic solar source generation of 100 megawatts — the first 25 megawatts will be installed in Tiger Point (Saint José), on land of UTE; while in the first quarter of the year a tender will be opened for a single 75 megawatt park in Long Hill.
The state company will also close the administration with 60 million dollars destined for the renovation of the Rincón hydroelectric plant Baygorria, and 44 million dollars for the maintenance of the thermal power stations, as indicated by Emaldi.
Other works planned in the UTE five-year plan include improvements in energy transmission, with an investment of 220 million dollars in the trust and closure of the transmission ring of the North; $100 million in renovations; 85 million dollars in the master plan Montevideo and metropolitan area; and 59 million at the station Cardal and the second line to Punta del Tigre.
Balance 2023
The president of UTE He also highlighted that, so far in his management of the company, the electricity rate was reduced by 11% in real terms; At the same time, 100% of connection requests will be responded to through the program Uruguay 100% Certified, which involved some 945 installations in 2023 and 1,176 in 2022.
In parallel, the Smart Plan It already has more than 280,000 participating households, while the deployment of smart meters reached 77% of customers throughout the country, and more than 762,000 people receive their bill digitally.
In addition, some 8,700 small and medium-sized companies joined the SMEs Smart Planimplemented in 2023, and about 155 make up the System of Renewable Energy Certificates.
In another order, the organization will reach 280 charging points for electric vehicles. Regarding this, Emaldi recalled that there is a 100% discount on the connection rate for private investors that incorporate the charging service, both on public roads and on private properties with public access, from January 2023 to December 2025.
Source: Ambito
