Argentina Prepares for Possible Power Cuts During Upcoming Summer
The Energy Secretariat is working on the issue, Francos also explained
Argentina’s Cabinet Chief Guillermo Francos warns of potential scheduled power cuts during the upcoming summer due to a lack of recent investments in the energy sector. Despite fare adjustments to increase revenue, a hot summer may lead to electricity demand surpassing supply.
Francos emphasized the need for investments to avoid future shortages and highlighted the government’s decision to cut subsidies to stabilize the energy sector. Energy Secretary Daniel González Casartelli also acknowledged the challenges ahead, citing restrictions in transmission and urging for mitigation measures.
While facing macroeconomic issues, the government remains optimistic about addressing underlying problems in the energy sector. Short-term solutions are being implemented, but long-term strategies will require time and careful planning to prevent future power cuts.