Skip to main content

Argentina energy report

Argentina energy report
mail
arrow_upward
Update
Format
4 files (PDF report, 3 Excel files)
Pages
43 (Report only)
Delivery
Immediate by e-mail
Table of Contents
  • GENERAL OVERVIEW
  • INSTITUTIONS AND ENERGY POLICY
  • ENERGY SUPPLY
  • ENERGY PRICES
  • ENERGY CONSUMPTION
  • ISSUES AND PROSPECTS
  • DATA TABLES
  • ABBREVIATIONS
  • GLOSSARY

Download the Table of Contents

Download samples
Report Sample Country Data Sample Power Generation Sample Forecast Sample

Buy Argentina energy report

Price without VAT. Depending on your statute and location, VAT might be applicable. Get in touch with us for more information.

After validation, you will immediately receive 4 files by email (one pdf report and 3 excel files containing the datasets).

Price
1,090 €

Overview

This analysis includes a comprehensive Argentina energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.

Highlights

  • Argentina aims to increase the share of wind and solar to 20% of electricity production in 2025 and reduce GHG emissions by 21% in 2030 compared to its 2007 emission peak.
  • According to its Long-Term Strategy, the country aims to reach net zero emissions by 2050.
  • Four companies represent 1/3 of the installed power capacity.
  • YPF (51% public) is the largest producer of oil (60% in 2023).
  • The share of natural gas in the power mix varies greatly with the level of hydropower (47% in 2023).
  • The share of wind has increased by 10 points since 2010.
  • The country holds South America's 3rd largest gas reserves.
  • Gasoline and diesel prices decreased by around 5% in 2023.
  • Household electricity prices are around 10 times lower than in Brazil and Chile.
  • Gas dominates the energy mix (46% in 2023), followed by oil (39%).
  • The residential and industrial sectors are the largest electricity consumers (39% and 34%, respectively).
  • The Vaca Muerta shale oil and gas field is the main contributor to the hydrocarbon production expansion.
  • Argentina is pushing China to finance its nuclear development, including the 1.2 GW Atucha III.
2nd
natural gas producer in South America after Mexico
10%
annual increase in oil production since 2021
41%
carbon-free sources in power mix

  • Institutions & Energy Policy

    The Energy Secretariat ("Secretaria de Energía de la Naciόn"), under the Ministry of Economy, is in charge of developing the energy policy.

    The deregulation and privatisation of the oil, gas and electricity sectors took place in the 90s in order to separate the production, transport, and distribution activities.

  • Energy Supply

    Oil:

    Oil production has jumped by 10%/year since 2021, reaching 37 Mt in 2023. Previously, it had been falling regularly from a peak level of 46 Mt in 1998 to 28 Mt in 2021. Argentina is the 4th largest oil producer in South America after Brazil, Venezuela, and Colombia.

    Crude oil exports increased as from 2021 to 8 Mt in 2023.

  • Energy Prices

    Electricity:

    In the electricity sector, the prices charged by private companies are fixed in the concession contracts. ENRE changes its tariff frameworks at the same time as CAMMESA changes the prices of energy. In the case of other companies (provincial or cooperatives), the electricity price is controlled by supervisory administrations.

  • Energy Consumption

    Per capita consumption in Argentina (1.7 toe/cap in 2023) is the third highest in South America after Chile and Guyana. These high levels are mainly due to space heating needs. Electricity demand per capita is around 2 700 kWh/cap (2023).

  • Issues & Prospects

    Gas:

    In 2023, YPF plans to invest US$5bn, including a great share for shale oil and gas production at Vaca Muerta (compared to US$4.1bn in 2022).

  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2023, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2023, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Electricity prices for industry and households (US$c/kWh)
  • GRAPH 7: Consumption trends by energy source (Mtoe)
  • GRAPH 8: Total consumption market share by energy (2023, %)
  • GRAPH 9: Final consumption market share by sector (2023, %)
  • GRAPH 10: Oil consumption (Mt)
  • GRAPH 11: Oil consumption breakdown by sector (2023, %)
  • GRAPH 12: Electricity consumption (TWh)
  • GRAPH 13: Electricity consumption breakdown by sector (2023,%)
  • GRAPH 14: Natural gas consumption (bcm)
  • GRAPH 15: Gas consumption breakdown by sector (2023, %)
  • GRAPH 16: Coal consumption (Mt)
  • GRAPH 17: Coal consumption breakdown by sector (2023, %)
  • 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.
  • Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.

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.