The Law, as updated in October 2015, builds on the concept of production of electricity from renewable energy sources as a matter of national interest. It requires that by 31 December 2017, 8% of all electricity consumed nationally must be generated from renewable energy sources. The law directs the executive power to co-ordinate a Federal Programme for the Development of Renewable Energy and creates a fund to finance renewable energy projects, including through feed-in tariff. Private firms who are recognised as beneficiaries of the Programme and/or the Fund will enjoy a series of tax benefits, expanded in 2015 (decrease of VAT through exemption on import duties, accelerated amortization of Income Tax, fiscal certificates, etc.). The 2015 update also enlarges the list of 'renewable sources' to include wave energy, ocean currents energy and biofuels, and it expands the support of the Programme and Fund to hydropower plants with capacity up to 50 MW (up from original 30 MW). This law was amended several times, notably by law 27191 and by a number of resolutions including <a href="https://www.argentina.gob.ar/normativa/nacional/resolución-285-2018-311549/actualizacion">resolution 285/2018</a> and <a href="https://www.argentina.gob.ar/normativa/nacional/resolución-742-2021-352574">resolution 742/2021</a>. The market regime for the production of renewable energy is regulated by <a href="https://www.argentina.gob.ar/normativa/nacional/resolución-281-2017-278429">resolution 281/2017 </a>and amending <a href="https://www.boletinoficial.gob.ar/detalleAviso/primera/245706/20210616">resolution 551/2021</a>.&nbsp;

Law 26.190 Regime for the National Promotion for the Production and Use of Renewable Sources of Electric Energy

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Regulatory Decree 531/2016

Amended/Updated

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Justice is the ethical and political framework that addresses fairness, including issues of responsibility, rights, and structural inequity.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

The management and allocation of funds, assets and investments to meet various objectives

Actions to reduce emissions in energy generation and supply.

The activities of industries involved in the production, distribution, and sale of energy, including electricity, gas, and renewables.

Regulatory Decree 531/2016

Renewable energy

Economic sector