According to GlobalData, thermal power accounted for 60% of Argentina’s total installed power generation capacity and 63% of total power generation in 2021. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Argentina Thermal power Analysis: Market Outlook to 2035 report. Buy the report here.
Overall, Argentina’s thermal power generation capacity grew by a CAGR of 4% from 2010 to 2021, to reach 26,347MW, and generation grew by a CAGR of 3% to reach 90,074GWh in 2021.
Installed capacity is forecast to increase by 900MW from 2022 to 2035, at which point thermal power is expected to account for 41% of total installed generation capacity. Coal capacity rose from 650MW in 2010 to 770MW in 2021 at a CAGR of 2%. It is expected that coal will reach 890MW by 2035, growing at a CAGR of 1% during 2021-2035. Gas capacity was 23,561MW in 2021 and it is expected to reach 24,250MW by the end of 2035. Oil capacity is expected to be 2,106MW by the end of 2035.
For more detailed analysis of the thermal power sector in Argentina, buy the report here.