Argentina
News

Argentine provincial official outlines federal electromobility target challenges

Bnamericas Published: Thursday, October 14, 2021
Argentine provincial official outlines federal electromobility target challenges

The head of Argentine province Neuquén’s investment promotion agency ADI-NQN, José Brillo, said a federal government plan to stop the sale of internal combustion engine vehicles from 2041 appeared difficult to achieve as things stand.

The federal government this week outlined draft electromobility legislation, an avenue Neuquén is already advancing along at provincial level after presenting its own bill. The province has also started building a network of charging points.  

Brillo said national challenges rested in the areas of charging point provision and electric vehicle supply, according to a statement issued by Neuquén’s parliament.

As part of the federal government bill, officials envisage Argentina leveraging its lithium resources and becoming a platform for the export of electric vehicles in the region. Measures include demand and supply-side incentives.

On the topic of the province’s renewables push, Brillo said a limiting factor was the availability of spare transmission capacity.

ADI-NQN has a portfolio of 14 renewable energy projects (95.5MW hydroelectric, 120MW geothermal, 625MW wind and 3MW solar), according to a presentation. 

Of these, 100MW of wind power, corresponding to the province’s maiden wind park, Vientos Neuquinos, has already come online. The province is in the process of developing solar plant El Alamito – the jurisdiction’s first solar farm. Multipurpose hydroelectric project Nahueve is also underway. 

Sitting over a large chunk of the Vaca Muerta shale formation, Neuquén is Argentina’s No. 1 hydrocarbons producing province. 

The federal government last month published a hydrocarbons investment promotion bill that, among other elements, establishes tax stability and other benefits for 20 years. A central goal is boosting oil production to achieve oil independence, as well as spurring exports to generate dollars to bolster central bank reserves.

ALSO READ: Argentina has ambitious 2030 emissions-reduction goal but no roadmap yet

Picture credit: Chris J Ratcliffe/GETTY IMAGES EUROPE/Getty Images via AFP

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Electric Power (Argentina)

Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Electric Power (Argentina)

Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Empresa Jujeña de Energía S.A.  (Ejesa)
  • Empresa Jujeña de Energía S.A. (Ejesa) is an Argentinian company engaged in electric power distribution. It serves more than 200.000 clients in the Jujuy province, in northern A...
  • Company: Tecno Logisti-K S.A.  (Tecno Logisti-K)
  • The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
  • Company: Integra Capital S.A.  (Integra Capital)
  • The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...