Part II: Renewable Electricity Doesn’t Even Generate Inertia
This is the second of a three part series entitled, Why Argentina’s Renewable Energy Program Has Stalled. This article outlines Argentina’s initial push to develop a strong renewable energy sector. However, the numerous investment projects that were approved by the government at very attractive returns for investors have not taken place because of the perceived risk of investing in the country under the current government administration, the high levels of subsidies on electricity pricing, and a lack of consistency in policymaking.
About the Author: Carlos St. James founded the Argentine Renewable Energies Chamber; is a board member of the Latin American & Caribbean Council on Renewable Energy; founded and is chairman of the Middle East-Americas Energy Council; and publisher of The Latin American Energy Review.