Download report
All markets

Argentina

With a power score of 2.01, Argentina ranks number 30 among emerging markets and number 54 in the global power ranking.

  • Emerging markets
  • Latin America

2.01 / 5

Power score


+11 places

Global power rank change


2021
2022
2023
39
65
54

Overview

Argentina has a power score of 2.01, which puts it at rank 54 in the global power ranking, and rank 30 in the emerging markets power ranking. In comparison to 2021, Argentina has deteriorated in the power rankings by -15 places, from rank 39, to rank 54.

At 2.01, the power score of Argentina is better than the regional average of 1.81 in the Latin America region.

Regional power score comparison

0
1
2
3
4
5
Argentina

Power

Power policy

Argentina implements policies in 4/6 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Feed-in Tariff, Net Metering, Import tax incentives, VAT incentives.

Power policies

Renewable energy target
Renewable energy auction
Feed-in Tariff
Net Metering
Import tax incentives
VAT incentives

Power prices and costs

The average electricity price in Argentina has increased from 63.41 USD/MWh in 2021 to 100.02 USD/MWh in 2022. Since 2017, the average electricity price in Argentina has fluctuated between 63.41 USD/MWh (2021) and 162.97 USD/MWh (2018).

Loading...

Power market

The top amount of capacity installed in Argentina in 2022 was in Natural Gas at 53.99%, down from 54.07% in 2021. The technology with the biggest increase in capacity installed in 2022 was Solar PV at 2.75%, up from 2.67 in 2021.

Installed capacity (in MW)

20142016201820202022010K20K30K40K MW

Electricity generation (in GWh)

20142016201820202022050K100K150K GWh

The largest electricity generating technology in Argentina in 2022 was Natural Gas, generating some 56.93% of electricity, down from 61.34% in 2021. The technology with the biggest increase in eletricity generation in 2022 was Large Hydro at 21.76%, up from 17.01% in 2021.

Loading...

Investment in clean energy in Argentina was around $706.43 million in 2022, an increase of 451.05% from 2021 ($128.2 million). Between 2017 and 2022, the highest investment in clean energy was in 2018 at $2558.79 million, while the lowest was in 2021 with $128.2 million.

Utility privatisation

Which segments of the power sector are open to private participation?

Generation: Yes
Transmission: Yes
Retail: Yes

Type

Question

Availability

Wholesale power market

Does the country have a wholesale power market?

Yes

Doing business and barriers

Type

Question

Availability

Currency of PPAs

Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?

Yes

Type

Question

Availability

Bilateral power contracts

Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?

Yes

Type

Question

Availability

Fossil fuel price distortions - Subsidies

Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?

Yes

Type

Question

Availability

Fossil fuel price distortions - Taxes and carbon prices

Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?

No

Transport

Transport policy

Argentina implements policies in 1/9 transport policy categories tracked by Climatescope, including Clean transport target, National ICE phase-out, EV purchase grant/loan incentive, EV VAT reduction/exemption, EV import tax reduction/exemption, EV income tax reduction/exemption, EV recurring tax reduction/exemption, EV charging infrastructure target, E-bus target.

Transport policies

Clean transport target
National ICE phase-out
EV purchase grant/loan incentive
EV VAT reduction/exemption
EV import tax reduction/exemption
EV income tax reduction/exemption
EV recurring tax reduction/exemption
EV charging infrastructure target
E-bus target

Type

Question

Availability

Fuel economy standards

Does the country have a fuel economy standard in place?

Yes
Climatescope 2023 print report cover

Power Transition Factbook

This marks the 12th anniversary of Climatescope, BNEF’s annual assessment of energy transition opportunities. In recent years, the project has been expanded to include activity not just in clean power, but also in the decarbonization of transportation and buildings.

Download report

Stay up to date

Subscribe to our mailing list to get the latest news about Climatescope directly in your inbox.


Results
Sectors
PowerTransportBuildings
About
Contact

© 2024 Climatescope. View license and Privacy policy