No energy storage project allowed in argentina

Can a large user buy electricity from a renewable generator in Argentina?

In Argentina, for a large user, is generally less expensive to purchase electricity directly from a renewable generator than to purchase it from the grid administrator CAMMESA. Furthermore, large users are, as a rule, barred from purchasing electricity directly from a thermal generator.

Are corporate PPAs a new phenomenon in Argentina?

Corporate PPAs are not a new phenomenon in Argentina; on the contrary, the power regulatory framework in place since 1992 provides rules to encourage large users to enter into PPAs directly with power generators. However, PPA regulations in the past have only contemplated the existence of conventional sources (mostly thermal power stations).

What are the market challenges for investing in Argentina?

At present, the most complex market challenges for investing in Argentina are related with import and FX restrictions. To preserve the very limited foreign exchange reserves of the Argentine Central Bank, the government has been imposing stringent import barriers and regulatory burdens that adversely affect importers.

How much does CAMMESA cost in Argentina?

This prohibition creates an important distortion in the Argentine electricity market and moves the scale in favor of renewable projects even further. Based on information from 2022, the average price charged by CAMMESA to large users was US$88.7 per MW-h.