Argentina sets out to define energy policy to 2050

Friday, June 8, 2018

Argentina's energy and mining ministry, in partnership with the Argentina Energy Scenarios Platform, has launched what it is calling the energy transition to 2050 initiative.

The idea, part of Argentina's strategy during its presidency of the G20 with the support of the Inter-American Development Bank, is to generate input for the definition of energy policies and strategic planning.

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"Obviously many things will happen from here to 2050, many things will happen from here to next month, but nevertheless we have to start developing the capacity to be prepared for different technological changes," energy and mining minister Juan José Aranguren (second from right in photo) said when speaking at an event to launch the initiative on Thursday.

"Twenty years ago, there was just one way to transport gas molecules from one continent to another, today that has been solved; there are few ways to transport electrical energy from one place to another, but this will be resolved in five years' time and it will be able to be stored in the form of cells or batteries, for which we also have lithium or hydrogen resources."

The objective of Thursday's inaugural event, a press release said, was to start dialogue and begin to define the issues that must be addressed throughout the process that will take place during this year, with more events to follow to define policy.

The move follows the success of the RenovAr renewable energy auctions.

As part of a US$30bn PPP plan, Argentina is preparing to launch a tender for 3,000km of high-voltage transmission lines to improve energy security, eradicate bottlenecks that are hindering investment and increase the potential of renewable energy sources. The government plans to have 20% of generation come from renewable sources by 2020. Currently renewables make up less than 2% of the power matrix.