Argentina power watch
Argentina’s federal energy department published a resolution designed to help advance projects awarded under renewable energy auction program RenovAr.
Under one of the central changes, fines levied against projects for failing to start commercial operations and begin injecting power by the stipulated date can be paid back over 48 months via deductions from monthly payments for power supplied.
In the resolution, the department cited an established goal of increasing the participation of renewable energy sources in the electric power generation mix to 20% by the end of 2025.
Argentina contracted around 5.1GW in capacity under RenovAr. Of 32 non-commissioned projects that have not met contractual commercial operation deadlines and are behind schedule, half are more than 180 days behind schedule, according to information in a letter sent by wholesale power market administrator Cammesa to the energy department earlier this year and published by industry website Energía Estratégia. Twenty-one of the 32 have not advanced to the construction phase.
Around 2.75GW of RenovAr capacity has come online, according to information in the letter.
Argentina’s macroeconomic problems, regulatory uncertainty and financing hurdles have hampered progress of renewable energy projects in the country.
Read the resolution here, in Spanish
Argentina’s national electricity regulator Enre authorized the expansion of transport capacity in Santiago del Estero province. Via a resolution, Enre gave the green light for construction of the 132/33/13.2kV transformer station Fernández Definitiva, requested by transmission company Transnoa on behalf of provincial electricity distribution firm Edese.
In a separate resolution, Enre said Salta province distributor Edesa, also via Transnoa, had sought a certificate of convenience and public necessity for the replacement of two transformers at the Joaquín V. González transformer station.
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