The Argentinian Renewable Revolution

11 Oct 2016   Argentina

Argentina’s government is making the push towards more renewables at an extremely fast rate. The country recently held an auction for long-term contracts totaling a potential 1,109 megawatts of power in the form of wind, solar, hydro and biomass. The winners of the auction’s 17 contracts were announced this past Friday totaling $1.8 million in investments. Argentina relies on fossil fuels for approximately 60 percent of their energy, 7 percent more than the United States. Argentina doesn’t demand nearly as much energy with a 3,093 kWh/capita in 2013, compared to our 12,988 kWh/capita. The United States, having industrialized sooner than Argentina, is comparably more affluent and as a result spends a higher amount of energy per person in our far greater population. If we look at trends with developing countries versus those that are developed to current international standards, as denoted by the IMF and the World Bank, there […]

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