|e/f = BMI estimate/forecast. Source: EIA, National Sources, BMI|
|Generation, Non-Hydropower Renewables, TWh||3.116||3.276||3.464||4.096||4.401||4.725||5.084||5.457||5.762||6.045||6.325|
|Generation, Non-Hydropower Renewables, % y-o-y||4.644||5.129||5.736||18.237||7.445||7.378||7.591||7.329||5.591||4.913||4.637|
|Capacity, Non-Hydroelectric Renewables, MW||856.0||962.6||1,054.3||1,327.7||1,435.1||1,545.8||1,661.8||1,785.8||1,913.4||2,004.0||2,048.6|
|Capacity, Non-Hydroelectric Renewables, % y-o-y||7.8||12.4||9.5||25.9||8.1||7.7||7.5||7.5||7.1||4.7||2.2|
Latest Updates and Structural Trends
In September 2015, Chinese firm HydroChina (subsidiary of group Power Construction Corp, PCC) signed a contract to offer engineering, procurement and construction services for a 104MW wind scheme in La Rioja province.
The investment outlook for Argent ina's power sector will improve following the general election in late October , which we expect Daniel Scioli of the ruling party Frente para la Victoria ( FpV ) to win. Under the new administration, a greater access to financing and a general improvement of the business environment will benefit the Argentine power sector, particularly renewables.
Argentina's renewables sector is expected to remain dominated by biomass and wind sectors, which currently account for 99% of the country's total non-hydroelectric renewables generation and capacity. We expect this figure to remain above 90% across our forecast period.
In terms of capacity, we believe Argentina's wind sector will outperform and expand by an average annual rate of 15.7% across our forecast period. Nevertheless, the sector will remain much smaller than the most attractive markets in the region.
The Argentina Renewables Report researched at source contains BMI Research's assessment of the current renewables market in Argentina. The report also contains historical data together with forecasts to end-2018 covering electricity generation (TWh) and electricity capacity (MW).
The renewables sectors covered in the report include Wind, Solar, Geothermal, Tidal and Wave, and Biomass (See Table of Contents for exact coverage). The report also features details on government green energy agendas and funding opportunities, as well as presenting a detailed list of key renewables projects currently being planned or undertaken in Argentina, their capacity, the timeframe of construction and their current status.
The report discusses the various energy policies currently in force, including targets, subsidies and the relevant infrastructure developments or limitations which might impact on renewables growth, analysing the potential effects of regulatory changes in conjunction with the background macroeconomic outlook. Finally, there is a general overview of the competitive landscape in Argentina, together with a detailed summary of the main utilities and manufacturers present and their business operations.
BMI's Argentina Renewables Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with unique independent forecasts and competitive intelligence on the Argentina renewables industry.
- Benchmark BMI's independent renewables industry forecasts for Argentina to test other views - a key input for successful budgeting and planning in the renewables market.
- Target business opportunities and risks in the Argentina renewables sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in the country.
BMI Industry View
Summary of BMI's key industry forecasts, views and trend analysis covering the renewables market in Argentina, regulatory changes, major investments and projects and significant multinational and national company developments.
Industry SWOT Analysis
Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the renewables sector and within the broader political, economic and business environment.
BMI Industry Forecasts
Historic data series (2010-2012) and forecasts to end-2018 for electricity generation (TWh) and electricity generating capacity (MW) for each individual renewables sector present in the country.
These in turn are broken down into:
Electricity Generation: Overall capacity (TWh), growth % change year-on-year, KWh per capita, % of Total Non-Hydropower renewables generation, % of total electricity generation.
Electricity Capacity: Overall capacity (MW), growth % change year-on-year, % of non-hydroelectric renewables capacity and % of total capacity.
These forecasts are in turn supported by explicit assumptions, in conjunction with analysis of the key risks to the main forecast.
Business Environment Rankings
BMI's Renewables Business Environment Rankings provide fully comparable Risk-Reward Rankings aimed at investors in the regional renewables market.
The rankings methodology makes sophisticated use of various industry, economic and demographic data point.