Uruguay’s Remarkable Shift to Renewables Offers a Blueprint for Energy Progress
However, the country’s ground-breaking energy initiatives now face a new challenge — a new governing party with more conservative views Until 2007, Uruguay was strapped for energy resources that forced it to rely on importing energy from South American neighbors. That has changed. Today, 98 percent of the country’s power is delivered reliably and affordably from renewable sources. Compare that to the worldwide average that is typically reported in the low- to mid-20 percent range and you can see that…
Is Vaca Muerta doomed? In 2 years, renewables will be cheaper than fossil fuels
The cost of renewable energy sources like wind and solar continue to fall drastically, and it was only a matter of time before they were cheaper than fossil fuels. The International Renewable Energy Agency (IRENA) believes that’ll happen by 2020 based on their new report. Prices could be as low as three cents per kilowatt-hour for onshore wind and solar photovoltaic projects over the next two years. Across the board, average costs of producing renewable energy projects have been very competitive.…
The Argentinian Renewable Energy Sector – An Attractive Investment Opportunity
Argentina is on track to become one of the biggest economic powerhouses in Latin America (2nd largest GDP Per Capita) in the emerging region. With its large educated population – 43 million people with approximately 60% of them under the age of 35 – combined with a diverse geographical landscape, Argentina is positioned well to lead the renewable energy sector in Latin America. Argentina has always been perfectly suited for renewable energy technologies, so why are the opportunities more viable now as…
Renewable Energy Targets for Commercial & Industrial Industries in Argentina
The Argentinian government recently passed legislation committing high energy users in the country to collect 8% of their energy from renewable energy sources by 2018, with this figure set to rise to 20% by 2025. High energy users from airports to large scale brewers will be affected by the mandate, meaning it’s important you and your team understand the regulation. This specially developed report includes details of: The future landscape for clean energy development in the context of Argentina’s 7,500…
Argentina: Successful Tenders in the Renewable Energy round
The renewable energy tenders scenario in Argentina has taken a significant turn this year. The official website of the government says: “The clean energy industry is today one of the most dynamic in the world, with an average annual growth rate of 36% during the last six years and investments for US$ 257 billion … “ Argentina’s energy matrix comes mostly from fossil fuels like gas and oil – 87%. Until 2010, Argentina had surpluses that allowed it to export gas. Two factors have…
2016 Electric Power Outlook for Latin America
BNamericas is a business intelligence companies that focuses Latin America. They have been providing business intelligence for the last 20 years with subscribers from most of the region’s top companies. This is their 2016 Power Outlook for Latin America. Every year they publish a report that is based on surveys that are completed by industry experts for a number of sectors. Participants included C-suite executives, project managers, engineers, researchers and analysts. We find this report to be interesting…
