Noticias
On October 24 and 25, the HSBC 2018 Argentina + CEO / CFO Roundtable convention took place in Buenos Aires. Within the framework of it, Central Puerto, the largest private electricity generation company in Argentina, was invited to give its vision on the sector within the framework of the panel “Bringing back the light”.During its presentationJorge Rauber, CEO and Vice-President of Central Puerto, presented his views on the priorities for the coming years. Before an attentive audience of national and international investors, he indicated that “during the last few years the sector has overcome the lack of power to cope with peak demand times.
The challenge for the coming years will be to increasingly increase efficiency in electricity generation, to reduce the costs of electricity generation.” In relation to this, he argued that the investment that generators such as Central Puerto are developing both in the renewable energy and thermal energy segments will play a fundamental role, and the gradual increase in the use of natural gas instead of more alternative fuels. expensive and polluting, thanks to the increase in Vaca Muerta production.
In this sense, he highlighted the recent inaugurations of the Achiras and La Castellana Wind Farms for a total of 147 MW. For the years 2019-2020, Puerto Central plans to incorporate another 659 MW into the national energy matrix, of which 236 MW will be in renewable energy projects and 423 MW will be in high-efficiency thermal projects.
The total estimated investment of the projects under construction reaches US$680 million dollars. Previously, within the framework of the same conference, Eng. Javier Iguacel, Secretary of the Government of Energy of the Nation, who highlighted the goal of incorporating an additional 5,000 MW of installed renewable energy capacity to reach the goal of supplying 20% of the demand through these energy sources for the year. 2025, the construction of new high voltage lines through the tenders of the Public-Private Participation Program (PPP), and the development of the Electronic Gas Market (MEGSA) for the supply of fuel in a more efficient and economical way.
In relation to the development of the Oil & Gas sector, he said that Argentina plans to double the production of natural gas and oil in 5 years thanks to advances in the exploitation of unconventional resources. When consulted about the regulatory framework of the electricity generation sector, he stated the willingness to maintain rates in dollars, since most of the investments that the sector is developing are denominated in that currency.
Download presentation by Eng. Jorge Rauber, CEO and Vice President of Central Puerto
