Energy storage demand trends in argentina

How much energy is used in energy-intensive industries in Argentina?

Today, around 45% of energy used in energy-intensive industries is natural gas: energy-intensive industries account for 60% of total energy demand in industry in Argentina. Industrial activity in Argentina sees less growth than the average in the region. Most of this modest increase is met by natural gas and electricity in the STEPS.

What is Argentina's approach to renewables?

Argentina’s approach to renewables involves a mix of choices intended to apply simultaneously to different sectors and industries. Traditionally, biomass and hydroelectric energy developments have been a major part of the renewable share in Argentina.

Could Argentina contribute to the energy transition?

In the light of the foregoing, Argentina could significantly contribute to the energy transition by being a global supplier of natural gas. Argentina has one of the biggest natural gas reserves in the world.

Why is Argentina a good place to invest in solar energy?

Firstly, Argentina has abundant solar and wind resources: constant sun in north-western areas and constant wind in Patagonia. 16 This presents a unique opportunity to develop both wind and solar farms that can provide abundant clean energy to the power grid.

How does industrial activity change in Argentina?

Industrial activity in Argentina sees less growth than the average in the region. Most of this modest increase is met by natural gas and electricity in the STEPS. In the APS, most of the increase is met by electricity while gas and oil consumption decline. IEA. CC BY 4.0. Oil accounts for nearly 80% of transport energy consumption today.

Will Argentina become a natural gas exporter?

Argentina becomes a natural gas exporter as gas production increases by 25% to 2030. In the APS, abundant renewable energy potential (wind in the south and solar in the north) enables low-emissions hydrogen production to reach over 3 Mt in 2050. IEA. CC BY 4.0.