News of electricity

Hurricane Milton approaches Florida with 249 km/hr winds

08-10-2024 07:46 Hurricane Milton is set to approach the Florida peninsula as a catastrophic Category 4 storm, bearing down on a region still struggling to recover from Helene’s devastation.

ENERGY & GAS

Argentina mulls tender for power lines after years of neglect

02-10-2024 16:45 Argentina is rushing to put together a “market solution” for its national network of high-voltage power lines, a severely neglected part of the grid.

LATIN AMERICA

Paraguay's abundant hydropower draws crypto miners, legal and not

30-08-2024 11:02 In the Paraguayan city of Hernandarias, a data centre with rows upon rows of supercomputers stands as a testament to a burgeoning crypto-mining sector attracted by the country's abundance of cheap, green electricity.

UTILITIES & SUBSIDIES

Milei begins to slash energy subsidies for low-income sectors

06-06-2024 11:59 Low-income homes will see the energy cost of their utility bills double on average in June, while middle-class families could see prices rise 155%.

ENERGY & GAS

Power producers seek better terms for US$2-billion Argentina debt

08-05-2024 15:46 Privately-run power producers Pampa Energía SA and Central Puerto SA will reject the government's current offer to settle a US$2-billion debt.

Utilities on rise

Electricity bills in Buenos Aires metro region to soar up to 150%

16-02-2024 11:06 Huge hikes announced by Energy Secretary Eduardo Rodríguez Chirillo; Monthly updating to kick in from April, but new rates will begin imminently.

ENERGY

Record-breaking energy demand, power cuts amid high temperatures

01-02-2024 18:25 Argentina breaks historic energy demand as temperatures soar above 37 degrees in Buenos Aires.

ENERGY SUPPLY

Milei government issues decree declaring energy emergency

18-12-2023 14:20 Javier Milei issues decree declaring energy emergency; Control bodies ENRE and ENARGAS to be placed under trusteeship prior to institution of new boards.