News of electricity

Porteños take protest to energy firm's doors after prolonged power cuts

16-03-2023 09:49 Residents renew protests across the capital and its outskirts amid prolonged power cuts. Blackouts, which have struck in the middle of an unprecedented heatwave, have left more than 100,000 homes in the dark.

Oil production

Shale oil exports to spur Argentina's trade surplus, official says

07-03-2023 17:07 Booming oil production out of shale patch Vaca Muerta will create surpluses in energy trade for Argentina to the tune of US$8 billion within a few years, says top official.

MASSIVE OUTAGE

Sabotage suspected in fire that cut power to half of Argentina

02-03-2023 19:03 Burn patterns at the scene imply saboteurs set fire to land right beneath the power line, according to a top government official.

CORTE DE LUZ

Calls for investigation after power cut plunges millions into darkness

01-03-2023 23:49 A massive power cut caused by a fire near high-voltage power lines affected millions of people across the country for at least two hours, authorities stated; Economy Minister Sergio Massa hints at foul play, calls for in-depth investigation into events leading up to outage.

ELECTRICITY, GAS, WATER SERVICES

Subsidies slashed – sharp rises coming for more than four million households

17-08-2022 13:05 Government hopes to save US$3.2 billion in 2023 with partial removal of subsidies for electricity, gas and water services; New Energy Secretary Flavia Royón announces a plan to trim assistance for the wealthiest, starting September.

ANALYSIS

‘Three clear groups’ in new tariff segmentation plan, says analyst

17-08-2022 13:04 Fernando Krakowiak, a journalist and educator with EcoJournal, describes the government's plan as "tariff segmentation" with "three clear groups: people with low, medium and high incomes."

ECONOMY

Argentina plows ahead with utility-subsidy cuts key to IMF deal

16-08-2022 19:17 Plan is to impose the steepest increases on high earners and shield low-income users from the same treatment across gas, electric and water bills.

economy

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.