Will Argentina Reach 20 Percent Renewable Energy?
WWW.THEDIALOGUE.COM
Argentina will launch a third round of tenders for 400 megawatts of clean energy projects in October as the government seeks to diversify projects that use existing medium-voltage networks. Argentina is on track to have 20 percent of its energy come from renewable energy sources by 2025, according to Energy Minister Javier Iguacel. What is the Argentine government doing to advance its clean energy ambitions, and what more should it do? Is the private sector on board with the government’s plans? Will Argentina reach its renewable energy goal by 2025?
Carlos St. James, board member of the Latin American and Caribbean Council on Renewable Energy (LAC-CORE): “Argentina’s government-led RenovAr renewables program is ambitious, well-structured and achievable—in contrast to the previous government’s irrationally optimistic and poorly structured GENREN program. In Argentina, however, the usual impediment to success is politics. The 2025 targets are viable and necessary: Argentina has a need for additional power capacity due to past underinvestment. It
also has some of the best solar and wind resources of any country in the world. All stakeholders but one are present and looking to do business: public sector support in the form of a sound regulatory framework;
investors; technology providers; project developers; technical advisory firms; long-term off-take agreements in hard currency (with World Bank support no less); and credible industry institutions allowing the sector to
speak as one voice (in the form of, among others, the Argentine Renewable Energies Chamber, CADER, which I founded and presided over in…
Seguir leyendo:
