The SEG Engineering report establishes that the variations in December reached up to 9.3%.
The price of most energy sources in the Uruguay was perceived downward; However, she remains one of the most expensive in Latin Americashowed the December report on Energy Indicators from SEG Engineering.
According to the report, energy prices in Uruguay recorded several downward movements at the end of 2023. First of all, new prices of fuels They were decreed at the beginning of December with reductions in almost all types. He gasoil fell 3.4%, thus accumulating a fall of 11.7% during the year, the kerosene 1% did it, while the gasoline 2.6%”, explains the report. On the other hand, he recalled that the prices of January in fuel there was a drop in the price of gasoil, although it is an effect that can be perceived in the next report.
Meanwhile, what refers to the natural gas They were also perceived to be down by 2.1% in the month of December compared to the previous one. For its part, regarding the comparison with the same month of 2022, this fell a total of 16.4%. For its part, the price of electricity It also fell by 9.3% during the month of December. However, this fall is explained by the application of the “UTE Premia”, the commercial plan UTE, which subsidizes the charges for contracted and fixed power of the majority of residential customers.
A general drop in prices
With these results, the report showed that the Industrial Energy Price Index (IPEI)closed the year with a drop of 0.16% and reached an annual variation of 0.6%, the second lowest value on record and the lowest since 2010. “The small annual increase is due to the fact that the prices of electricity, firewood and supergas increased, while the prices of fuel oil, diesel and natural gas experienced a decrease,” the report added.
For its part, the indicator of the evolution of the energy costs for homes (IPER), “fell 6.61% in December, closing the year with an annual increase of 7.36%, more than three points below the 2022 record and more than two points higher than the increase in the general price level in the CPI, 5.11%”.
The most expensive energy in the region
Despite having perceived drops in energy values, Uruguayan prices continue to be one of the most expensive in Latin America. For example, the price of industrial electrical energy per MWh is 135 dollars per , while in countries like Argentina and Paraguay The prices are 48 and 39 dollars, respectively. As for the residential, the value per MWh is 284 dollars while in Brazil is 211 and in Chili of 166 dollars.
Meanwhile, the gasoil and the naphtha They also remain the most expensive. The price of gasoil per liter is 1.46 dollars, while in Argentina is 0.94 dollars and in Chili of 1.22. For its part, the naphtha in the country it is around 1.92 dollars per liter, meanwhile, in Brazil It costs 1.14 and in the Chili $1.53 per liter.
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Source: Ambito
