Argentina's electricity generation has displayed moderate growth with fluctuations over the past decade. As of 2023, the generation stood at 153.6 TWh. Despite some declines, like in 2019, the trend has generally pointed upwards. Recent figures show a considerable increase from 2021 at 153.15 TWh. The average annual growth rate (CAGR) for the last five years up to 2023 is 0.91%, while forecasted annual growth over the next five years is 1.27%, reaching 166.36 TWh by 2028.
Future trends to watch for include:
- Continued expansion in renewable energy sources.
- Government policies impacting energy production and consumption.
- Technological advancements driving efficiencies.