What is Argentina's energy transition?

With its increasing focus on wind and solar energy, Argentina’s dependence on gas has steadily decreased since 2019. Argentina aims for 47% renewable electricity by 2030, while the IEA’s Net Zero Emissions scenario sets out a global target of 60% renewable electricity by 2030. Explore the latest data on Argentina's energy transition.

What is Argentina's approach to renewables?

Argentina’s approach to renewables involves a mix of choices intended to apply simultaneously to different sectors and industries. Traditionally, biomass and hydroelectric energy developments have been a major part of the renewable share in Argentina.

What is the energy mix in Argentina?

Argentina has an energy mix 4 made up mostly of natural gas, followed by crude oil. This matrix has a significantly small share of coal, and in the past years, renewable energies such as solar and wind have seen their share in the energy mix grow steadily.

Does Argentina have a potential for alternative energy resources?

On the other hand, technological breakthroughs relating to hydrogen and lithium have enhanced Argentina’s potential over alternative energy resources. The conditions in Patagonia and the northwest of the country enable scaling-up at a competitive cost since abundant wind and solar power are available to produce green hydrogen.

Is Argentina bulking up state-owned energy firm IEASA?

"Argentina bulks up state-owned energy firm Ieasa". Argus Media. June 18, 2021. ↑ Lenton, Christopher (September 21, 2021). "Latin American LNG Demand Booming Amid Tight Global Natural Gas Market". Natural Gas Intelligence. Retrieved May 2, 2022.{ {cite web}}: CS1 maint: url-status (link) ↑ "Summary Data – Global Fossil Infrastructure Tracker".

How much energy does Argentina use?

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).