ARTICLE · 15 AUGUST 2016

New Renewable Energy Promotion Legal Framework

Alfaro-Abogados

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In order to reinforce the promotion of renewable energy the new administration has amended the Renewable Energy Promotion regime (Laws No. 26.190 and Law No. 27.191 as regulated by Decree 531/2016), introducing important improvements and benefits.

ArgentinaEnergy and Natural Resources

Soledad Matteozzi

In order to reinforce the promotion of renewable energy the new administration has amended the Renewable Energy Promotion regime (Laws No. 26.190 and Law No. 27.191 as regulated by Decree 531/2016), introducing important improvements and benefits.

The new framework and the decision by the Government of promoting the development of clean sources of energy to increase renewable sources within the Argentine energy matrix (which must represent 8% by December 31, 2017, 12% by December 31, 2019, 16% by December 31, 2021, 18% by December 31, 2023, and 20% by December 31, 2025) open the possibility for important and profitable investments and business in this sector. Among the benefits of the new regime:

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