What are Argentina's energy goals?

These targets represent a potentially significant shift for Argentina’s energy mix. Fossil fuels currently account for around 60% of electricity generation, a share that it aims to reduce to 35% by 2030 through the expansion of renewables, including hydropower, and in particular wind and solar.

Can Argentina decarbonize its power sector?

Argentina’s vast solar, wind, and hydroelectric renewable energy potential, give it the possibility to decarbonize its power sector and support its COP26 goal of increasing the share of renewable energy in its national energy matrix to 30 percent by 2030.

Are infrastructure roadblocks delaying renewable growth in Argentina?

Argentina’s clean energy potential is obvious, but the infrastructure roadblocks are delaying renewable growth. Despite having vast tracts of usable land for PV and wind farms, only 7% of Argentina’s power generation comes from wind, and only 1% from solar.

What is Argentina's energy transition plan?

The country’s new energy transition plan targets an estimated US$7.4 billion of hydropower investments by 2030. (Image: Fernando Quevedo / Alamy) Argentina is aiming to generate 57% of its energy from renewable sources by the end of the decade, according to an official energy transition plan launched in late June.

Is Argentina delivering on its climate pledges?

“This is the first time Argentina has put into numbers the transformation needed in its energy sector to deliver on the country’s climate pledges,” Juan Carlos Villalonga, a renewable energy consultant and former deputy in the national congress, told Diálogo Chino.

Does Argentina need a new electricity network?

Argentina has not made significant investments in its electricity transmission network in the last 25 years, and this is now taking a toll on its capacity to build and connect new solar and wind farms. Companies have also warned that the existing infrastructure is facing problems due to a lack of maintenance.