Establishes the RenovAr auction program, bidding terms and conditions of the auction, and outlines Power Purchase Agreements (PPA) for renewable electricity. The first round of RenovAr auctions was announced in July 2016, round three will take place in the second half of 2018.
Creates the National Argentine Carbon Fund (FAC) and aims to incentivize projects within the framework of The Clean Development Mechanism (CDM), as defined by Article 12 of the Kyoto Protocol. The Secretary of Environment and Sustainable Development administers the fund.
By 31 December 2017, minimum of 8% of total electricity consumed to come from renewable sources. By 31 December 2019, minimum of 12% of total electricity consumed comes from renewable sources. By 31 December 2021, minimum of 16% of total electricity consumed comes from renewable sources. By 31 December 2023, minimum of 18% of total electricity consumed comes from renewable sources. By 31 December 2025, minimum of 20% of total electricity consumed comes from renewable sources.
Extends the regimen for the National Promotion for the Production and Use of Renewable Sources of Electric Energy for the period of 2018-2025. It sets national renewable energy targets, establishes a fund for financing renewable energy projects, and defines minimum renewable requirements for large consumers. Creates a new Fund for the Development of Renewable Energies (FODER), which is to be partially funded by the National Treasury, estimated at about US$41 billion by 2025.
Requires that by 31 December 2017, 8% of all electricity consumed nationally must be generated from renewable energy sources. Creates a fund to finance renewable energy projects, within the Federal Program for the Development of Renewable Energy, including feed-in tariffs, tax benefits, exemptions on import duties, and accelerated amortization of Income Tax. Expands national approach to “renewable sources” to include wave energy, ocean currents energy and biofuels as well as the scope of support of the Program and Fund to hydropower plants with capacity up to 50 MW.
Prohibits the importation and commercialization of incandescent light bulbs for residential use throughout the country.
Establishes a national focus on the technological development, the production of, and the use of hydrogen fuel, as well as other alternative energy sources. States the development of a National Program for Hydrogen to: incentivize the application of hydrogen energy technology; incentivize the private sector participation in the generation and production of hydrogen energy; promote regional co-operation and technology transfer between Mercosur trade bloc countries; promote public education on the importance of alternative energy use; and incentivize the industrialization of hydrogen fuel cells. Stated goals will be realized in part through the creation of The National Fund of Hydrogen Promotion (FONHIDRO), which will also oversee various tax exemptions and deductions for participating firms.
Provides a regulatory framework for the production and promotion of biofuels, for which the National Advisory Commission for the Promotion of the Production and Sustainable Use of Biofuels holds the authority. States that by 2010 all gasoline produced and consumed in Argentina must be composed of no less than 5% biofuels and has since been raised to 10%, and in 2016 to 12%. Establishes tax incentives for producers that comply with certain requirements, tax breaks for investing companies, lower export taxes for biodiesel, VAT reimbursement and accelerated depreciation of assets for income tax purposes, and exempts biofuels from the Hydrocarbon and Diesel taxes.
This program was established under the National Program for Rational and Efficient Use of Energy to implement energy efficiency measures in national public buildings. Aims to promote knowledge about energy usage of these buildings; control and reduce the consumption of electricity and natural gas; standardize the management system; and establish recommendations and implement energy efficiency measures.
Establishes medium and long-term goals relating to energy efficiency for the transport sector. Includes: improving the management and distribution of public transportation in regards to energy consumption; developing minimum standards of efficiency for new automobiles; initiating a monitoring and maintenance program for public and commercial vehicles; designing a public education campaign around the impacts of driving automobiles.
Establishes medium and long-term goals relating to energy efficiency for various sectors including industry, commercial/services, housing/construction. Goals include: formulating sector-specific Energy Efficiency Programs; developing joint action plans with companies; enhancing energy monitoring; implementing financing mechanisms for SMEs; developing guiding standards relating to efficient lighting, heating, and air conditioning systems; revising building regulations and codes; designating maximum and minimum efficiency standards for electric appliances and machines produced or commercialized in Argentina; proposing a timeline to ban the production, importation and commercialization of incandescent light bulbs; developing incentive systems such as preferential financing for measures that reduce consumption; designing implementation strategy for solar water heating systems; and promoting and regulating the cogeneration of electricity and heat with new and existing energy providing companies.
Aims to reduce energy consumption and promote the use of renewable energy. Establishes a National Program for Rational and Efficient Energy Use and funding for the program, of which the Energy Secretary has implementation authority. Sets medium and long-term actions for various industries.
Creates a National Cabinet for Climate Change (NCCC) comprised of 12 ministries (Energy, Economic Development, Agriculture, Transport, Environment, Social Development, Education, Science, Interior and Culture, Foreign Ministry) with a principal objective to articulate climate change policies and promote climate change awareness. Key tasks include: preparing the National Plan for Response to Climate Change and proposing Sectoral Action Plans at the ministerial level for mitigation and adaptation in important and vulnerable sectors.
By 2030, on a conditional basis, shall not exceed net emissions of 369 million tons of carbon dioxide equivalent (tCO2eq).
By 2030, shall not exceed net emissions of 483 million tons of carbon dioxide equivalent (tCO2eq).