Domestic liquid energy storage project in argentina

Why are Argentine oil and gas companies investing in lithium & copper?

In addition to investing in renewable projects, as part of their energy transition policies, Argentine oil and gas companies have also been looking into lithium and copper projects. It is well-known that lithium batteries, as an option for rechargeable energy storage, have created a strong demand for lithium.

How much money will Buenos Aires invest in a new storage system?

This initiative, unprecedented in the South American country but already applied worldwide, seeks to add 500 MW of storage capacity in critical nodes of the Metropolitan Area of Buenos Aires (AMBA), with an estimated investment of $500mn and an execution period of 12-18 months.

Are Argentine oil and gas companies moving towards the power industry?

The Argentine market is not strange to the shift of oil and gas companies towards the power industry. Different long-standing Argentine oil and gas companies like Tecpetrol, Pan American Energy (PAE) and YPF have been investing in renewable generation projects in the past years.

Is Argentina a good exporter of low-emission hydrogen?

Argentina has abundant potential as an exporter of low-emission hydrogen and its derivatives, in particular, thanks to its world class renewables resources and vast amounts of natural gas. At present, there are many ongoing green hydrogen projects in the early stages of development.

Is mining sustainable in Argentinia?

The Argentinian government has declared its goal of strongly promoting mining, in an environmentally and socially sustainable manner. Mining extraction in Argentina went through a notorious boom throughout the 2000s, driven by the export of metals among which copper, gold and silver stand out.

How is the Argentine power sector governed?

Read more on Insight The Argentine power sector is governed by Law No. 4,065 and its regulations, Decree Nos. 1398/1992 and 18619/95, and Resolution No. 61/1992, among others (the Regulatory Framework). The Regulatory Framework is characterised by the following main features: