Uruguay demonstrates how an energy transition can work: at the end of last year, 94.5% of the countrys electricity was produced from renewable energy sources. Ten years ago, most of its energy came from four hydropower plants and thermal power plants. However, wind power played no significant role at that time. In recent years, Uruguay attracted foreign investors through calls for bids and was able to carry out the switch to renewable energy in a short time. According to the corresponding ministry, wind turbines with a total capacity of almost 600 megawatts had been installed in the country by the end of 2014. Added to this were another 4.7 megawatts of solar energy. In 2008, the ministry formulated a long-term strategy up to 2030, which called for the development of different energy sources, as well as a reduction in fossil fuel dependence. It also aimed for greater energy efficiency. By 2030, Uruguay hopes to have achieved the goal of becoming fully carbon neutral.