What years does this Argentina Power Market cover?

The report covers the Argentina Power Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Argentina Power Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Argentina Power Market Size

Market Size of Argentina Power Industry

Study Period	2020 - 2029
Base Year For Estimation	2023
Forecast Data Period	2024 - 2029
Historical Data Period	2020 - 2022
CAGR	2.58 %
Market Concentration	High
Major Players *Disclaimer: Major Players sorted in no particular order

Argentina Power Market Analysis

The installed power capacity in Argentina is expected to grow at a CAGR of 2.58% during the forecast period of 2020 - 2025. The government of Argentina has taken various steps, including boosting private investment for power network expansion and the Public-Private Partnership (PPP) law which was introduced in November 2016 to regulate and encourage private investment in critical sectors of the country's economy, including electricity transmission infrastructure. These factors are expected to drive the market. On the flip side, the widening economic crisis took place in parallel to the increasing demand for electricity, and due to the fiscal deficit, the government could not invest sufficiently in the power sector to increase domestic generation capacity. This, in turn, is expected to hinder the market growth.

The conventional thermal power accounted for more than half of the electricity generation in Argentina in 2018 and is also expected to be the largest segment during the forecast period.
Due to geopolitical and global economic pressures, the Argentine government re-evaluated the waste management sector and promoted projects based on waste-to-energy. The government launched two programs, in which several projects are expected during the forecast period, with a focus on developing renewable energy, like biomass and biogas. This, in turn, is expected to create a significant opportunity for the waste-to-energy industry in Argentina in the near future.
RenovAr program was initiated by the Argentina government to improve the share of renewable energy in its energy mix to 20% by 2025. Under the RenovAr program, regular public bidding processes were held, in which, different companies presented their investment plans. Hence, the RenovAr program is likely to be one the most important factor encouraging the market growth during the forecast period.

Argentina Power Industry Segmentation

The Argentina power market report include:

Power Generation
		Thermal Power
		Hydropower
		Nuclear Power
		Non-Hydroelectric Renewables

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Argentina Power Market Size Summary

The Argentina power market is experiencing a dynamic transformation driven by government initiatives and private investments. The introduction of the Public-Private Partnership (PPP) law has been pivotal in encouraging private sector participation in the expansion of the country's electricity transmission infrastructure. Despite these efforts, the market faces challenges due to the economic crisis and fiscal deficits, which have limited government investment in increasing domestic power generation capacity. Conventional thermal power remains the dominant source of electricity generation, although there is a noticeable shift towards natural gas, particularly with the development of the Vaca Muerta shale play. The government's RenovAr program is a significant driver of market growth, aiming to enhance the share of renewable energy in the national energy mix, with a target of 20% by 2025. This program has attracted substantial investor interest, leading to oversubscription in bidding rounds and fostering the development of renewable energy projects across the country.

The Argentine power market is characterized by a mix of government and private sector involvement, with key players such as Pampa Energia, YPF Luz, CEPU, AES, and Enel playing significant roles in power generation. The transmission sector is primarily dominated by Transener and several regional companies. The government's focus on renewable energy, supported by initiatives like the RenovAr program, is expected to create substantial opportunities in the waste-to-energy sector, alongside biomass and biogas projects. The market is also witnessing efforts to strengthen energy infrastructure through international collaborations, such as the agreement between the US and Argentina to expand natural gas-based electricity generation. With numerous thermal power projects in the pipeline, the Argentine power market is poised for growth, albeit with challenges that require strategic investments and policy support to overcome.

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Argentina Power Market Size - Table of Contents

1. MARKET OVERVIEW
1. 1.1 Introduction
2. 1.2 Share of Installed Power Capacity by Source, 2018
3. 1.3 Share of Electricity Demand, by Type of Customer, 2018
4. 1.4 Share of Power Generated by Company, 2018
5. 1.5 Peak Power Demand in MW, 2010-2018
6. 1.6 Power Generation Capacity in MW, 2018-2025
7. 1.7 Recent Trends and Developments
8. 1.8 Government Policies and Regulations
9. 1.9 Market Dynamics
  1. 1.9.1 Drivers
  2. 1.9.2 Restraints
10. 1.10 PESTLE Analysis
2. MARKET SEGMENTATION
1. 2.1 Power Generation
  1. 2.1.1 Thermal Power
  2. 2.1.2 Hydropower
  3. 2.1.3 Nuclear Power
  4. 2.1.4 Non-Hydroelectric Renewables
2. 2.2 Transmission and Distribution Network Scenario