Argentina: Renewable Energy Law
The Argentine statute outlines which sources of renewable energy will qualify for state support, provides tax breaks for renewable energy equipment and offers tariffs for certain renewable resources. It includes promotion of wind, solar, and small hydro power, a fuel cell project, and rural electrification.
The project is designed to:
-identify policies for removing obstacles to renewables development;
-provide better information on natural resources and projects, especially initiatives on biomass residues; and
-adapt the present legal framework to foster the introduction of distributed generation.
Date Implemented: 2007
Status: In Force
Target: 8% of electricity from renewables over the next 10 years.
Funding Information: government of Argentina, also partnership with Renewable Energy and Energy Efficiency Partnership (REEEP)
References: REEEP: http://www.reeep.org/index.php?id=17&content=2663
http://www.ren21.net/iap/commitment.asp?id=18