News of electricity

Kirchnerites told to resign if they won’t approve gas, electricity hikes

13-05-2022 00:06 Challenging critical Kirchnerite voices, sources close to the Presidency said this week that any public official that opposes rises in utility prices “will not be able to continue in the government.”

BLOOMBERG – ANALYSIS

IMF-backed subsidy cuts are boon to power producers

10-03-2022 18:10 Energy producers in Argentina are poised to fare best from the agreement with the International Monetary Fund.

Politics heating up

Hypocrisy rules!

15-01-2022 03:00 The heatwave that hit the Southern Hemisphere and Argentina with particular virulence this week seems to have fried the circuits of more than just the systems controlling the energy grid in the Metropolitan Area of Buenos Aires

by Agustino Fontevecchia

ENERGY

Argentina to raise power, natural gas prices by 17% and 20% in 2022

29-12-2021 14:47 Argentina is preparing to announce hikes to household utility tariffs in 2022, with a 17 percent cap on electricity prices and 20 percent cap on natural gas prices.

CRYPTOCURRENCIES

Cheap electricity a boon for bitcoin mining in cash-strapped Venezuela

01-09-2021 12:55 In crisis-stricken Venezuela, crypto mining presents an economic opportunity for a lucky few, made possible by one of the world's lowest electricity prices.

VACA MUERTA

Argentina's 'Dead Cow' gas may win out from Brazil's drought

14-08-2021 07:55 The drought in Brazil is offering a lifeline for Argentine gas drillers, just as the high-demand winter season ends.

ENVIRONMENT

Chile inaugurates Latin America's first thermosolar plant

11-06-2021 00:55 Chile inaugurated Cerro Dominador, Latin America's first-ever thermosolar energy plant, as a step in the country's quest for carbon-neutrality by 2050.

Bloomberg

Crypto mining booms on cheap, subsidised energy in Argentina

31-05-2021 10:41 Bitcoin miners are capitalising on the inefficiencies of the country’s interventionist economy to reap outsize returns, fuelled by memories of currency busts and powered by government-subsidised electricity.