- Update
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- Format
- 4 files (PDF report, 3 Excel files)
- Pages
-
64 (Report only)
- Delivery
- Immediate by e-mail
- GENERAL OVERVIEW
- ENERGY AND CLIMATE POLICY FRAMEWORK
- ENERGY COMPANIES
- ENERGY SUPPLY AND DEMAND
- ENERGY USE AND PRICE BY SECTOR
- ISSUES AND PROSPECTS
- STATISTICS
- ABBREVIATIONS
- GLOSSARY
Buy Argentina energy report
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After validation, you will immediately receive 4 files by email (one pdf report and 3 excel files containing the datasets).
Overview
Argentina is advancing its energy transition with a strategic focus on expanding renewable capacity, particularly wind and solar, while leveraging its substantial shale reserves in Vaca Muerta. The government’s policies aim to reduce emissions, enhance energy security, and attract investment through deregulation and infrastructure development.
Get more details on the table of contents and data files, as well as the list of graphs and tables by browsing the tabs below.
Highlights
- Argentina missed its 20% of renewables (excl. hydro) in electricity generation target by 2025 and is aiming to reduce GHG emissions by 18% in 2030 compared to its 2008 emission peak.
- According to its Long-Term Strategy, the country aims to reach net zero emissions by 2050.
- Private companies represent over 80% of the installed power capacity and ¾ of the power supply (2024).
- YPF (51% public) is the largest crude oil producer (32% in 2025).
- The share of natural gas in the power mix varies greatly with the level of hydropower (51% in 2025).
- The share of wind has increased by 13 points since 2018.
- The country holds South America's 3rd largest gas reserves.
- Oil products dominate the final energy mix (41% in 2025), followed by gas (35%).
- Energy prices have surged in recent years, amid record inflation.
- The Vaca Muerta shale oil and gas field is the main contributor to the hydrocarbon production expansion.
- Argentina aims to add 1.2 GW of nuclear capacity at Atucha.
Energy & Climate Policy Framework
The Energy Secretariat ("Secretaria de Energía de la Naciόn"), under the Ministry of Economy, is in charge of developing the energy policy.
Energy Companies
Gas:
YPF is the second largest gas producer (21% over the June 2025-June 2026 period) behind TotalEnergies (23%), and followed by Tecpetrol (14%), Pan America Energy (11%), Pampa Energia (9%), Pluspetrol (8%) and Compañía General de Combustibles (CGG, 3%). In 2014, Apache Energy sold its gas operation to YPF for a total of USD852m (reserves estimated at 15 bcm).
Energy Supply & Demand
Gas:
Argentina is the largest gas producer in Latin America. Natural gas production was roughly stable between 2018 and 2023 and increased by 5%/year since then to 49 bcm in 2025. Previously, it had increased by 3%/year over 2014-2018.
Energy Use and Price by Sector
Energy Prices in Industry:
Electricity price for industry is low compared to other countries, much cheaper than in Brazil, Chile or Colombia. Measured in national currency, it has steadily increased since 2010, with a 6-fold rise in 2016 and a 50%/year average growth between 2016 and 2021; prices doubled in 2022, rose by 65% in 2023, tripled in 2024 and grew by 34% in 2025.
Issues & Prospects
Gas:
YPF continues to accelerate the development of the Vaca Muerta shale play. In May 2026, the company announced plans to invest around USD25bn to drill 1,152 oil wells, aiming to significantly increase crude oil production and exports over the coming years.
- Graph 1: Final Intensity to GDP
- Graph 2: Primary Consumption Trends by Energy Source
- Graph 3: Total Consumption Market Share by Energy (2025)
- Graph 4: Installed Electric Capacity by Source
- Graph 5: Installed Electric Capacity by Source (2025)
- Graph 6: Gross Power Production by Source & Consumption
- Graph 7: Power Generation by Source (2025)
- Graph 8: CO2 Intensity of Electricity Generation
- Graph 9: Crude Oil Production & Consumption
- Graph 10: Petroleum Products Production & Consumption
- Graph 11: Gas Production & Consumption
- Graph 12: Coal Production & Consumption
- Graph 13: Emissions of GHG and CO2 Emissions from Fuel Combustion
- Graph 14: CO2-Emissions per Capita
- Graph 15: CO2 Intensity to GDP
- Graph 16: Final Demand Trends by Energy Source
- Graph 17: Final Consumption by Sector
- Graph 18: Final Consumption Market Share by Sector (2025)
- Graph 19: Share of Electricity in Total Final Energy Consumption
- Graph 20: Final Consumption in Industry by Energy Source
- Graph 21: Energy Prices in Industry (Taxes Included)
- Graph 22: Final Consumption in Transport by Energy Source
- Graph 23: Energy Prices in Transport (Taxes Included)
- Graph 24: Final Consumption in Residential, Services, Agriculture by Energy Source
- Graph 25: Electricity Prices in Residential (Taxes Included)
- Graph 26: Upcoming New Capacity by Energy Source
- Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
- Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
- Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
- Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
The Argentina energy market data since 1990 and up to
is included in the Excel file accompanying the Argentina country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- Argentina Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Argentina energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).
The Argentina country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.
Data included in the excelsheet:
- Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
- Power: Electricity generation & capacities, by technology.
- CO2: Total CO2 emissions.
- Macro-economy: Main macro-economic assumptions.
- Key indicators: Energy intensity, share of renewables, CO2 emissions per capita and per unit of GDP.
Energy and Climate Databases
Market Analysis