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ARTICLE · 27 MAY 2016

Argentina Kicks Off 1GW Renewable Tender Process

Harris Gomez Group
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On March 30, 2016, the Executive Branch of Argentina issued Decree No. 531/16, which regulates laws 26,190 and 27,191, and initially establishes the Regulatory Framework...

ArgentinaEnergy and Natural Resources
Cody McFarlane
Cody McFarlane

On March 30, 2016, the Executive Branch of Argentina issued Decree No. 531/16, which regulates laws 26,190 and 27,191, and initially establishes the Regulatory Framework for the Promotion of Use of Renewable Energy in Electric Power Generation (the "Regulatory Framework").

1. Purpose

The Regulatory Framework sets forth the following milestones for the satisfaction of electric power from renewable sources:

Percentage of electric power demand to be satisfied from renewable sources

Deadline

8%

12/31/2017

12%

12/31/2019

16%

12/31/2021

18%

12/31/2023

20%

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