Argentina releases draft regulations on private PPAs

The Argentine Ministry of Energy and Mining last week published a draft of the regulation on private power purchase agreements (PPAs) in the country between renewable energy producers and large consumers.

At present, the Wholesale Electricity Market Administration Company (CAMMESA) is the administrator and only customer of the wholesale electricity market in the country. Once the regulation is formally issued, it will allow large power users, with a consumption equal to at least 300 kW of capacity, to negotiate PPAs directly with renewable energy generators. This will help them achieve the targets set last year to procure 8% of their energy from renewables by 2018.

The draft is now open for public consultation. It is available in Spanish here.

Meanwhile, Argentina is preparing for the latest renewable energy tender, round 2.0 of the RenovAr renewable energy programme, expected in the second half of the year. In rounds 1.0 and 1.5 held last year Argentina awarded contracts to 1.1 GW and 1.3 GW of projects, respectively.