No energy storage project allowed in argentina

How much assistance will the US provide to Argentina?

Through this initiative, the United States will provide the government of Argentina $500,000 in technical assistance from the U.S. Department of Energy’s Pacific Northwest National Laboratory and National Renewable Energy Laboratory.

Is the Argentine renewable PPA market a corporate market?

This initial trend started to shift towards a corporate market through Resolution No. 281/2017 of the Argentine Ministry of Energy and Mining (currently, Secretary of Energy), which established a set of rules for the corporate renewable PPA market (MATER).

Is reducing air pollution a good idea for Argentina?

This is about 4 percent of Argentina’s NDC commitment for 2030. Reduced air pollution also promises health benefits for the population. The energy is not only cleaner but also cheaper: the latest auction resulted in winning bids that are 41 percent below 2015 prices.

Is Argentina a good exporter of low-emission hydrogen?

Argentina has abundant potential as an exporter of low-emission hydrogen and its derivatives, in particular, thanks to its world class renewables resources and vast amounts of natural gas. At present, there are many ongoing green hydrogen projects in the early stages of development.

Are corporate PPAs a new phenomenon in Argentina?

Corporate PPAs are not a new phenomenon in Argentina; on the contrary, the power regulatory framework in place since 1992 provides rules to encourage large users to enter into PPAs directly with power generators. However, PPA regulations in the past have only contemplated the existence of conventional sources (mostly thermal power stations).

Is the Argentine economy deteriorating?

Since the second quarter of 2018, the Argentine economy started to show certain signs of deterioration and, by the end of the year, it recorded a decline of 2.6% in GDP.