Taxand Argentina discusses the long-awaited regulation on private PPAs becoming a reality.
On 6 June 2017, the Argentine Ministry of Energy and Mining published the draft regulation for the Renewable Energy Term Market (private PPAs between generators and large users, self-generation or cogeneration).
Once formally issued, this regulation will seek to foster the renewable energy market, promoting the development of renewable projects and long-term transactions among renewable generators, large users and power trading companies, as an alternative to the tenders implemented by the Wholesale Electricity Market Administration Company (CAMMESA).
Discover more: Opening the renewable energy market in Argentina
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As a general principle, PPAs executed in the Term Market (outside the joint purchases system) may be freely negotiated between the parties with respect to term, priorities, prices and other contractual conditions.