Crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output from the Vaca Muerta shale formation, which is offsetting declining output from conventional oil and natural gas fields. From January 2021 through September 2024, crude oil production in Argentina increased by 50%, and natural gas production rose by 27%,
In support of the region''s energy goals, the report explores the opportunities and challenges that lie ahead. It provides insights on the ways in which the outlook for the region and the biggest global energy trends are deeply intertwined – as well as recommendations on policies that could allow Latin America and the Caribbean to take full
Considering that Argentina has approximately 16 million electricity consumers, this law has a wide scope: every consumer connected to the distribution grid can become a prosumer. Through its enactment the country will have at least 1,000 MW of DG installations – each installation must not be bigger than 2 MW – by 2030.
This report examines Argentina''s energy situation, analysing its current energy matrix, its past structure and future challenges. It also assesses the global context and
Argentina: Many of us want an overview of how much energy our country consumes, where it comes from, and if we''re making progress on decarbonizing our energy mix. This page provides the data for your chosen country across all of the key metrics on this topic.
The only active energy project financed by the World Bank in Argentina is the Renewable Energy in the Rural Market Project (PERMER). This project has the objective of guaranteeing access to electricity to 1.8 million people (314,000
The only active energy project financed by the World Bank in Argentina is the Renewable Energy in the Rural Market Project (PERMER). This project has the objective of guaranteeing access to electricity to 1.8 million people (314,000 households) and to 6,000 public services (schools, hospitals, etc.) located far from electricity distribution
Argentina is a developing country with 100% of electricity security. However, the country faces major challenges due to electricity losses (15%) and the dependence on fossil fuels. Regarding the latter, the deficit in the commercial balance has been influenced in
Argentina: Many of us want an overview of how much energy our country consumes, where it comes from, and if we''re making progress on decarbonizing our energy mix. This page provides the data for your chosen country across
Crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output from the Vaca Muerta shale formation, which is offsetting declining
The chapter evaluates on a comparative basis the legal aspects of the prosumer in the most electricity demanding, populated, and largest Latin American countries, such as Argentina, Brazil, and Colombia, analyzing whether the domestic regulatory frameworks provide conditions to adopt decentralized energy generation and whether is feasible to
developing areas. Energy self-sufficiency has been defined as total primary energy production divided by total primary energy supply. Energy trade includes all commodities in Chapter 27 of the Harmonised System (HS). Capacity utilisation is calculated as annual generation divided by year-end capacity x 8,760h/year. Avoided
This report examines Argentina''s energy situation, analysing its current energy matrix, its past structure and future challenges. It also assesses the global context and explores national and international projections.
In 2020 Argentina continued to derive more than three quarters of its total energy supply from fossil fuels. Natural gas contributed 59% (up from 54.90% in 2019), followed by oil (27%, down from 32.81%) in 2019).
In 2021 Argentina consumed 45.9 billion cubic meters of natural gas (second only to Mexico among Latin American and Caribbean nations). The country ranked third regionally (behind Brazil and Mexico) in total oil consumption in 2021 (598,000 barrels per day).
Thermal plants fueled by natural gas (CCGT) are the leading source of electricity generation in Argentina. Argentina generates electricity using thermal power plants based on fossil fuels (60%), hydroelectric plants (36%), and nuclear plants (3%), while wind and solar power accounted for less than 1%.
Energía Argentina SA is the state-owned energy agency responsible for the production, transport, and trade of petroleum, natural gas, and electricity. MAyDS (Ministerio de Ambiente y Desarrollo Sostenible) is the Argentine environmental authority responsible for granting licenses for new power generation projects.
Prior to 1991, the electricity sector in Argentina was vertically integrated. The new legal framework for the electricity sector included: vertical and horizontal unbundling of generation, transmission and distribution; opening up of all segments to the private sector; and separation of the regulatory function from policy setting.
Crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output from the Vaca Muerta shale formation, which is offsetting declining output from conventional oil and natural gas fields.
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