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Data | |
---|---|
Electricity coverage (2016) | 100% (total);[1] (LAC total average in 2016: 98.2%) [1] |
Installed capacity (2020) | 41,951 MW |
Share of fossil energy | 60.5% |
Share of renewable energy | 33% |
GHG emissions from electricity generation (2011) | 67.32 Mt CO2 |
Average electricity use (2014) | 3,050 kWh per capita |
Distribution losses (2014) | 3.3%; (LAC average in 2005: 13.6%) |
Consumption by sector (% of total) | |
Residential | 41% |
Industrial | 45% |
Commercial and public sector | 13% |
Tariffs and financing | |
Average residential tariff (US$/kW·h, 2004) | 0.0380; (LAC average in 2005: 0.115) |
Average industrial tariff (US$/kW·h, 2006) | 0.0386 (LAC average in 2005: 0.107) |
Services | |
Sector unbundling | Yes |
Share of private sector in generation | 75% |
Share of private sector in transmission | 0% |
Share of private sector in distribution | 75% |
Competitive supply to large users | Yes |
Competitive supply to residential users | No |
Institutions | |
No. of service providers | Dominating 3 distributors: |
Responsibility for transmission | Transener |
Responsibility for regulation | National agency (ENRE) and provincial agencies |
Responsibility for policy-setting | Energy Secretariat |
Responsibility for the environment | Secretariat of Environment and Sustainable Development |
Electricity sector law | Yes (1991) |
Renewable energy law | Yes (1998, modified in 2007) |
CDM transactions related to the electricity sector | 3 registered CDM projects; 673,650 t CO2e annual emissions reductions |
The electricity sector in Argentina constitutes the third largest power market in Latin America.[2] It relies mostly on thermal generation (60% of installed capacity) and hydropower generation (36%). The prevailing natural gas-fired thermal generation is at risk due to the uncertainty about future gas supply.
Faced with rising electricity demand (over 6% annually) and declining reserve margins, the government of Argentina is in the process of commissioning large projects, both in the generation and transmission sectors. To keep up with rising demand, it is estimated that about 1,000 MW of new generation capacity are needed each year. An important number of these projects are being financed by the government through trust funds, while independent private initiative is still limited as it has not fully recovered yet from the effects of the 2002 Argentine economic crisis.
The electricity sector was unbundled in generation, transmission and distribution by the reforms carried out in the early 1990s. Generation occurs in a competitive and mostly liberalized market in which 75% of the generation capacity is owned by private utilities. In contrast, the transmission and distribution sectors are highly regulated and much less competitive than generation.