Argentina has one of the best wind energy resources in the world, but development of its potential has been frustrated by economic instability and hostility to private sector investment in the energy sector. Recently elected President Mauricio Macri has pledged to make Argentina “open for business” after years of the country having near pariah status in the global business community. He has also reaffirmed commitments to ambitious renewable energy targets and moved to increase power prices after years of government imposed tariff freezes.
In this Spark – Energy Insight New Argentina Government Opens Up Fresh Push for Wind Power, FTI Intelligence looks at the possibilities opening up for wind developers and equipment suppliers in Argentina, as well as the ongoing challenges.
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