Forecast: Share of Renewable Electricity Generation in Argentina

The share of renewable electricity generation in Argentina has shown a declining trend over the past decade. In 2013, it stood at 31.48%, but by 2023, it had decreased to 26.64%. This indicates an average annual decrease of around -1.07% CAGR over the last five years. Notably, the year-on-year variation has consistently remained negative since 2015, suggesting a gradual but steady decline in the proportion of renewable energy in the electricity mix. Looking ahead, the forecast for renewable energy share continues to decline, reaching 25.16% by 2028, with an anticipated -0.9% CAGR over the next five years.

Future trends to watch for include:

• The potential impact of new policies or investments in renewable energy which could alter the declining trend.
• The role of technological advancements in renewable energy sources to improve efficiency and output.
• Argentina's commitment to international climate agreements and how this influences its energy policies.
• The balance between economic pressures and environmental sustainability in energy production decisions.