Morten Wierod laid out three structural drivers of accelerating electricity demand at CERAWeek — and called on industry to act before grid infrastructure falls behind
It is the biggest LNG supply shock since the Russian invasion of Ukraine. In that scenario, Argentina has the right answer — but it still does not have the ship
In the Austral Basin, TotalEnergies has brought online the world’s first hybrid solution integrating wind generation and battery storage to electrify gas treatment plants isolated from the power grid. The project, located in Tierra del Fuego, cuts direct emissions by more than 50% and sets a new global standard for decarbonizing E&P operations.
Innovative solutions use energy-saving algorithms that evaluate the time of day, natural lighting and the total load on the power grid, ensuring stadiums operate at maximum efficiency regardless of the
Following the transfer of shareholding control to the new concessionaires—Edison Inversiones, BML Inversora, and Central Puerto—the Secretariat of Energy set the operational parameters that the hydroelectric complexes must follow.
The government of President Javier Milei is rolling out a multidimensional strategy to turn energy, mining amake itnd hydrocarbons into the new growth engines of an Argentina that aspires to global power status. The new Incentive Regime for Large Investments, known as RIGI, the privatization agenda and market-based pricing are the main tools being used to achieve that goal.
The companies will be required to carry out a comprehensive rebumping of the plants, involving refurbishment and technological upgrades estimated at $400 million, aimed at extending the useful life of the equipment, improving efficiency and raising operational safety standards.
With this signing, the privatization process enters its final phase, enabling the operational transition to private hands and securing revenues of US$706,885,298.49 for the national treasury
It will be allocated to two projects. One is the installation of 150 MW of battery energy storage systems (BESS) at the Nuevo Puerto power plant. The other is the acquisition of Piedra del Águila.
The company is pushing an ambitious infrastructure plan in San Juan to secure electricity supply amid growing demand.
The company’s total revenue climbed to US$233.9 million, up 30% from the second quarter and 26% above the third quarter of 2024, with energy sales accounting for 92.1% of the total (US$215.3 million).
This measure, in addition to a previous 5% increase in the same month, raises the total to 10.7% and reflects the urgency of balancing the supply chain in a context of industrial shutdowns.
