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Markets & Forecasts

Argentina’s blackout: a wake-up call

The power outage in Argentina over the weekend – the worst in its history – could be yet another sign of the need for urgent investment in the country’s ageing electricity infrastructure The power outage in Argentina over the weekend – the worst in its history – could be yet another sign of the need for urgent investment in the country’s ageing electricity infrastructure.
By Abhishek Kumar 17 June 2019 Americas / Pipelines, Storage & Power 0 34313
Argentine electricity workers fixing a generator in Buenos Aires during the blackout. (PA)

Directional impact on forecast:
Downbeat for Argentina’s electricity transmission

Argentina is reeling from the worst blackout the country has ever witnessed. Reports suggest the incident on 16 June caused complete power outages in Argentina and Uruguay, while supplies were also disrupted in Paraguay and Chile. The timing could not have been worse for Argentine President Mauricio Macri as the blackout happened on the day of provincial elections in the country. Electricity has since been restored to most affected customers.

The Argentine government expects that...