To align itself with a 1.5°C compatible pathway, Argentina’s power sector would need to increase its renewable power share to at least 79% by 2030 and 100% by 2050. A zero emitting power sector can already be reached in the 2030s.
To align with a Paris Agreement compatible pathway, coal would need to be phased out almost immediately and natural gas would need to be phased out of the power sector between 2035-2038.
Phasing out gas is likely to pose challenges for Argentina, as natural gas is promoted as a substitute for oil in their updated Nationally Determined Contribution (NDC). Increasing gas infrastructure investments will create high energy costs, the potential for stranded assets, and “lock-in” emissions, making it more difficult to transition to renewable energy.
The country could strongly benefit from switching to decentralised renewables with mini grids offsetting the need for the maintenance of massive transmission lines, avoiding major black outs inherent to a centralised distribution model of power generation and supply.
Key power sector benchmarks
Renewables shares and year of zero emissions power Including the use of BECCS
- 2025 20 % Renewable share
- 2030 79 to 94% Renewable share
- 2034-2038 Zero emissions power
- 2048 100 % Renewable share