Generación Eléctrica Argentina Renovable

Summary of anticipated development impacts

MARKET DEVELOPMENT

Strengthen Argentina’s renewable energy supply: In the context of growing electricity demand and transmission bottlenecks that limit renewable energy integration, GEAR PEO supports Argentina’s efforts to strengthen domestic energy production. In addition to increasing the availability of low-carbon electricity in the country, upgrades to the transmission network will reduce congestion and improve system reliability, contributing to greater service stability and cost predictability.
Support local economic activity: The Project is expected to create jobs during construction and sustain employment during operations and maintenance. In addition, Argentine contractors have been engaged for civil and electromechanical works across both the wind project and the transmission upgrades, supporting local procurement.

CLIMATE AND NATURE ACTION

Contribute to Argentina’s transition to a low-carbon economy

GEAR PEO’s annual wind energy generation of 780MWh is expected to avoid an estimated 35,000 tCO2e per year and contribute to Argentina’s national target of increasing the share of renewable energy in the energy mix to 30% by 2030.

CLIMATE AND NATURE ACTION

Contribute to Argentina’s transition to a low-carbon economy: GEAR PEO’s annual wind energy generation of 780MWh is expected to avoid an estimated 35,000 tCO2e per year, equivalent to removing approximately 7,500 cars from the road annually, and contribute to Argentina’s national target of increasing the share of renewable energy in the energy mix to 30% by 2030.