How to citeLast update: June 2021
Read full analysis
- 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.