Argentina Renewable Energy Auctions - RenovAr Program
|Name of policy||Argentina Renewable Energy Auctions - RenovAr Program|
|Region|| South America
|Subnational region or state||—|
|City or local||—|
|Type of policy instrument|
|Policy description|| The renewable energy auction programme of Argentina (RenovAr) was set in motion with Resolution No. 136/2016, which:
Launches an auction process so that bidders can apply to the first round of RenovAr program, approves the bidding terms and conditions of the auction, and approves the Power Purchase Agreements (PPA) for renewable electricity. The resolution builds upon the framework defined by Decree 531 and Law 27.191.
The first round in 2016 had a total capacity of 6,346 MW comprising of wind (3,469 MW), and solar (2,813 MW). Winning projects received contracts for period of 20 years. The selected projects must be completed in a timeframe of two years.
The second round of auctions (called RenovAr 1.5) in mid-November 2016 brought an additional 400 MW of wind and 200 MW of solar PV capacity, and was followed by new rounds in 2017 and 2018.
|Date of decision||2016|
|Start date of implementation||—|
|End date of implementation||—|
|Source or references||http://www.iea.org/policiesandmeasures/pams/argentina/name-158884-en.php?s=dHlwZT1yZSZzdGF0dXM9T2s,&return=PG5hdiBpZD0iYnJlYWRjcnVtYiI-PGEgaHJlZj0iLyI-SG9tZTwvYT4gJnJhcXVvOyA8YSBocmVmPSIvcG9saWNpZXNhbmRtZWFzdXJlcy8iPlBvbGljaWVzIGFuZCBNZWFzdXJlczwvYT4gJnJhcXVvOyA8YSBocmVmPSIvcG9saWNpZXNhbmRtZWFzdXJlcy9yZW5ld2FibGVlbmVyZ3kvIj5SZW5ld2FibGUgRW5lcmd5PC9hPjwvbmF2Pg,,|
|Is supported by policies|
|Comments (background and assessment)||—|