Argentina Thermal Power Market Analysis by Size, Installed Capacity, Power Generation, Regulations, Key Players, and Forecast to 2035

Introduction

Argentina Thermal power remains a cornerstone of Argentina’s energy sector, supplying a significant portion of the country’s electricity demand. Despite the growing focus on renewable energy, thermal power continues to play a pivotal role in ensuring grid stability and energy security. This report offers an in-depth analysis of the Argentine thermal power market, covering market size, installed capacity, power generation trends, regulatory frameworks, key players, and projections up to 2035.

1. Market Overview

1.1 Current Status of Thermal Power

• Market Share: Thermal power accounts for approximately X% of Argentina’s total electricity generation.
• Fuel Sources: Dominated by natural gas, followed by diesel and residual fuel oil, with some facilities transitioning to dual-fuel systems.

1.2 Key Drivers

• Abundant Natural Gas Reserves: The Vaca Muerta shale formation underpins Argentina’s reliance on natural gas for thermal power generation.
• Demand Growth: Rising electricity consumption, particularly in urban and industrial areas.
• Grid Reliability: Thermal power provides essential base-load capacity to complement intermittent renewable sources.

2. Installed Capacity

2.1 Current Capacity

• Total installed capacity for thermal power is approximately X GW as of 2023, representing a steady increase from previous years.
• Breakdown by fuel type:
  • Natural Gas: Y GW
  • Diesel and Oil: Z GW

2.2 Upcoming Projects

• Multiple combined-cycle gas turbine (CCGT) plants are under construction to enhance efficiency and reduce emissions.

2.3 Regional Distribution

• Most thermal plants are concentrated in Buenos Aires, Santa Fe, and Cordoba, reflecting high electricity demand in these regions.