Argentina: investors sought for solar park COD

By 0 No tags Permalink 0

Source: www.jujuyalmomento.com The provincial energy agency of Jujuy, Jujuy, Energía y Minería Sociedad del Estado (JEMSE) is looking for investors in the 90+ MW solar park awarded to the entity in last year's renewable energy auction (RenovAr). The project is expect to begin commercial operations in 2019 and has a PPA in hand from the system off-taker CAMMESA. For more details contact Sylvia Gaylord, gaylord@codex-consulting.net

RTB Wind Opportunity in Argentina: sale of rights by provincial agency

By 0 No tags Permalink 0

Opportunities are emerging for investors interested in existing and new renewable energy projects in Argentina. State-owned entities at the provincial level are seeking investors to invest in projects at various stages of development. The provinces have the natural resources but not the cash to develop projects and are facilitating many aspects of project development to private investors. In Central Argentina, the local public agency is offering up to 375 MW in 1 or several clusters. RTB conditions include wind and technical feasibility studies, all initial permits, land owned by provincial government to be rented. For more information, contact Sylvia Gaylord, gaylord@codex-consulting.net  

Vaca Muerta in the headlines again: government sweetens the pot

By 0 No tags Permalink 0

On January 10, President Macri of Argentina announced new policy measures to revive investment in the Vaca Muerta shale deposits. In the picture above, the president is flanked by the leading figures in all matters Vaca Muerta. To the left, by the governor of Neuquén, Omar Gutiérrez, and to the right, by the oil workers' union regional representative, Guillermo Pereyra, and the Minister of Energy, Juan José Aranguren. The announcement was hailed as "historic" by its participants, but is mainly a commitment to continue subsidizing the domestic price of gas to producers, plus some measures to reduce labor costs. Here are ...

Big year for renewables in Latin America – Argentina

By 1 No tags Permalink 0

Source: IADB (2015) Lights On? Energy Needs in Latin America and the Caribbean to 2040. Electricity generation from renewable sources is nothing new to Latin America. For the last 50 years, Latin America has generated 45-50% of its electricity from hydro sources (though this number is strongly influenced by Brazil). In the last decade, many countries in the region have taken important steps to incorporate other renewable sources of electricity, such as wind and solar, and diversify their energy matrices. While the presence of these technologies is still relatively small, their growth has been exponential (as the charts above show) ...

The Court hands Argentine government a corrective

By 0 No tags Permalink 0

  On August 18, the Supreme Court of Argentina ruled in favor of consumers by annulling price increases for natural gas dictated by the government in March. The unanimous decision by the Court simply says that the government is under a constitutional obligation to consult consumers before setting new prices. The implications of this ruling, like most things in Argentina, are less straightforward.   The ruling The ruling is based on article 42 of the Constitution that says that consumers are entitled to receive adequate information on and participate in decisions pertaining to public services, rights that are further legislated by law 24076 that stipulates that ...

New era for energy SOEs

By 0 No tags Permalink 0

Energy markets worldwide are undergoing constant regulatory revision driven by changes in technology: the growing presence of renewables and IT advances in network management. The old world of vertically integrated utilities with geographically fixed markets is rapidly vanishing. Deregulation in developing countries is also morphing into something new, and the old private-public dichotomy is being replaced by a marketplace where scaled-down state-owned enterprises (SOEs) compete side-by-side with private entrepreneurs. The presence of SOEs is important to the shape energy markets can take in developing countries and the long-term success of new investment and technologies. Insider's advantage The first thing that comes to ...