Energy transition trends emerge in Uruguay and Mexico

In Uruguay, the heavy transport sector remains heavily dependent on diesel, despite increasing pressure to decarbonize. While the manufacturing industry accounts for 51 percent of national energy consumption, it generates only 18 percent of greenhouse gas emissions. In contrast, the transport sector consumes 26 percent of energy but is responsible for 68 percent of national carbon dioxide emissions.

Economic pressures are also affecting the local fuel market. Diesel prices in Uruguay are currently around $1.46 per liter, which is significantly higher than the $1.24 in Argentina and $1.29 in Brazil. This price gap encourages international freight and heavy machinery to refuel outside the national network, impacting local service station revenues.

Meanwhile, in Mexico, the energy company Atera has launched operations with an initial investment plan of $350 million targeted toward 2030. The company aims to address industrial energy efficiency and distributed generation, identifying significant energy waste in peripheral industrial systems. Atera is currently managing an $83 million pipeline involving 17 companies interested in its energy transition solutions.