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Following regulatory changes under Resolution SE No. 400, Argentina’s electricity market is entering a new phase in which long-term contracting will become essential for large consumers and distributors. Fenix Energy warns that companies delaying procurement decisions could face higher spot exposure and rising marginal prices.
Electricity demand has risen 15% in two years to 14,575 GWh, pushing renewables to 62.3% of the power mix. The government now plans to add 1,000 MW of clean capacity by 2040, backed by grid, storage and digital upgrades.
International industry groups linked to hydrogen, fertilisers and steel say a potential partial suspension of the European Union’s Carbon Border Adjustment Mechanism would create regulatory uncertainty, delay decarbonisation projects and affect trade and exports to the bloc.