There’s a palpable feeling of excitement and renewed vigor whenever
Argentina’s economy is discussed nowadays. What does this mean for the
country’s renewable energy sector?
Argentina is entering a new phase of political and
economic reform.
Recently
elected President Mario Macri’s moves to court international investor and
business communities have struck the right notes, and Argentina-related
business plans are being dusted off globally. Clearly many bright,
entrepreneurial people within and outside the government were looking forward
to the day when their ideas and ambitions were given credence and a chance to
succeed.
At a recent
event at the Embassy of in Washington, D.C., leading Argentine
officials in renewable energy made the case for investing in the country’s
renewables sector under a new regulatory and commercial framework. In their
eagerness to right all wrongs, the Argentine intelligentsia seems to have
thrown every tool in the kit into this effort, with the hope that the net
result will be success. But where do these tools fall, in terms of moving
forward the country’s new business framework and supporting renewable energy
development?
