Renewable Energy Projects In Argentina - Legal Issues And Challenges

1. INTRODUCTION

The Argentine Energy Sector

In recent years, the Argentine energy sector has faced several challenges. Due to the lack of incentives to foreign and local investors and the de-dollarization of tariffs, among other measures, a once self-providing market had to turn to foreign imports in order to satisfy the growing local energy needs. A set of measures undertaken by previous Administrations since the year 2002 led to a deepening of the energy crisis, which continued for more than a decade and only now appears to be coming to an end as a result of the new policies designed by the current Administration in order to promote the generation of new energy sources and proper development of existing ones.