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Paraguay generated 51.8 terawatt -hours of electricity in 2004, while consuming only 3.1 TWh. Almost all of the country's electricity production comes from a single facility, the bi-national Itaipu dam. Paraguay is one of the world's largest net exporters of electric power.
The country has become a significant net exporter of electricity, exporting 53.5% of its total production in the same year, which represents a 54% increase in electricity exports over the same period. Per capita, the electricity consumption in Paraguay was 2.086 MWh in 2021, showing a substantial increase of 127% since 2000.
Paraguay has no proven natural gas reserves, and it neither produces nor consumes natural gas. In recent years, the country has sought to promote the consumption of natural gas as a way to decrease the use of firewood and charcoal, which has contributed to deforestation in the country.