Last Sunday, Argentina marked a milestone in its energy transition: renewable sources supplied 44. 28% of the national electricity demand. 45 quads in 2022, lower than the 3. 5% annual decline in the country's gross domestic product per capita, adjusted for inflation, between 2012 and 2022 (Figure 2). The energy transition (ET), focused on adopting clean energy, could open a door to breaking with an economic model dependent on fossil fuels and raw material exports. By 2023, renewables accounted for 16% of the energy mix, reflecting considerable progress compared to the global. . Renewable energy sources are forecast to account for 55% of the total electricity generation capacity in Argentina by 2035, compared with 37% in 2023, according to GlobalData's power capacity and generation database. GlobalData uses proprietary data and analytics to provide a complete picture of. .
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