Argentina Offshore Wind Energy Infrastructure Development Feasibility Study with Renewable Energy Market Forecast

Executive Viability Abstract

This feasibility study evaluates the development of a 500MW offshore wind farm off the coast of Chubut/Santa Cruz, Argentina. While Argentina possesses world-class wind resources (capacity factors exceeding 50%), the project faces significant macroeconomic headwinds offset by high decarbonization demand and potential for green hydrogen integration.

## Market Analysis Argentina's Law 27.191 mandates 20% of electricity from renewables by 2025. Currently, onshore wind is dominant, but coastal infrastructure is reaching capacity. The offshore market is nascent, offering a 'first-mover' advantage. Market demand is driven by the 'MATER' (Term Market for Renewable Energies) where private corporations seek long-term PPAs to meet ESG goals. ## Infrastructure Requirements Development requires specialized port upgrades in Puerto Madryn or Comodoro Rivadavia. The project assumes the use of 12-15MW turbines with monopile foundations suited for the shallow-to-medium depths of the Argentine continental shelf. Submarine cabling (220kV) will connect to the SADI (National Interconnected System). ## Regulatory Framework Projects currently fall under the General Environmental Law and Federal Energy regulations. A specific 'Offshore Wind Law' is anticipated to provide tax incentives and currency stability guarantees (similar to Decree 814/2014 for other sectors). ## Financial Projections Total CAPEX is estimated at $1.35 Billion USD. Revenue is modeled via 20-year PPAs priced at $72/MWh. Economic modeling includes a sensitivity analysis for ARS/USD volatility and local content requirements.