Argentina
Argentina’s total primary energy mix is dominated by natural gas (55%) and oil (33%), with bioenergy contributing 5%, and hydropower and nuclear another 3% each. Argentina has the 2nd largest reserve of shale gas and the 4th largest reserve of shale oil worldwide. In 2019, the country produced 500,000 bpd of oil, of which 89,000 bpd was exported, but the country remains a net importer of oil products.
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In terms of power generation, Argentina relies on natural gas (65%), hydropower (18%), followed by nuclear 8%, wind (7%) and solar (1%). A set of public policies have boosted utility-scale projects in variable renewables, taking advantage of its rich solar and wind resources. The country has set a goal for non-hydro renewables to reach 20% of the power mix by 2025 and recent efforts have triggered increased deployment (2021: 12.5%).
Argentina is the world’s fourth largest lithium producer, a mineral critical for the manufacture of battery storage systems and, therefore, for the energy transition. Argentina is among the first Latin American countries to achieve universal electricity access, with a successful programme on rural electricity markets accelerating the connection of remote last miles users to the grid in recent years.
Argentina is the world’s fourth largest lithium producer, a mineral critical for the manufacture of battery storage systems and, therefore, for the energy transition. Argentina is among the first Latin American countries to achieve universal electricity access, with a successful programme on rural electricity markets accelerating the connection of remote last miles users to the grid in recent years.
Last updated May 23, 2023
Key energy statistics
Argentina data explorer
Analysis
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Latin America Energy Outlook 2023
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Boosting Efficiency in Latin America
Delivering affordability, security and jobs to advance people-centred energy transitions
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What is the impact of increasing commodity and energy prices on solar PV, wind and biofuels?
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Proving the viability of underground hydrogen storage
Part of Today in the Lab - Tomorrow in Energy?
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Hydrogen in Latin America
From near-term opportunities to large-scale deployment
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Climate Impacts on Latin American Hydropower
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Renewables 2020
Analysis and forecast to 2025
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GlobalABC Regional Roadmap for Buildings and Construction in Latin America 2020-2050
Towards a zero-emission, efficient and resilient buildings and construction sector
Events
Policies
Policy
Country
Year
Status
Jurisdiction
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Argentina 2021 In force National
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Argentina 2020 In force National
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Argentina 2020 In force National
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Argentina 2018 In force National
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Argentina 2018 In force National