As established in the official text, lThe extension of the emergency is essential to guarantee the continuity and sustainability of services in a context of structural crisis. This will allow the competent agencies to continue implementing the necessary actions to ensure the provision of public services uninterrupted.
It also clarifies that the objective of the extension is to have sufficient time to “obtain satisfactory results within the framework of the emergency”, in order to unify planned times, actions and objectives.
Likewise, the decree entrusts the Ministry of Energy with the task of maintaining income in real terms and to cover investment needs. This seeks to guarantee that public services for the transportation and distribution of electricity and natural gas continue to be provided under adequate technical and economic conditions, both for providers and users.
He NATIONAL ELECTRICITY REGULATORY ENTITY (ENRE) and the NATIONAL GAS REGULATORY ENTITY (ENARGAS), decentralized organizations acting within the scope of the SECRETARIAT OF ENERGY of the MINISTRY OF ECONOMY, established temporary tariff adjustments for the sectors of transportation and distribution of electric energy and natural gas, respectively. In these organizations, intervention in these two organizations will be maintained. The Ministry of Energy must, in turn, begin the process of selecting the members of its Board of Directors.
What will happen to the rates
According to the same decree, the validity of the tariff tables resulting from the review processes initiated in 2023. In this framework, the regulations establish that “the entry into force of the resulting tariff schedules may not exceed July 9, 2025” and provides that “mechanisms that enable citizen participation” be applied in the tariff adjustment process.
In turn, the Government announced that will review the rate updating mechanism based on past inflation and will be replaced by one that includes the ifuture inflation that allows maintaining “tariff values in real values and as constant as possible”, wrote the document. In turn, he stated that the rate adjustment process must consider public hearings.
Regarding the investments that companies had to make, the Government recognized that despite the temporary recomposition of rates, the necessary investments did not materialize, ““because they are large-scale works that take long periods to materialize.”
Finally, the standard invites the provinces to coordinate actions with the Ministry of Energy to strengthen the provision of electrical services under their jurisdictions.
Power outages: progress is made in the contingency plan for 2024/2026
Within the Resolution, the Executive Branch mentions the ““Contingency and Forecast Plan for critical months of the 2024/2026 period” (the Contingency Plan), with the purpose of avoiding, reducing or mitigating the critical energy supply condition for the critical days of the 2024/2026 period, in the generation, transportation and distribution segments of electric energy.
This had been announced in October and establishes that all actions will be carried out to obtain the energy imports and competition from neighboring countries in hours of high demand on critical days thatthat CAMMESA (administrator company of the wholesale electricity market) will opportunely define and crucially in peak hours.
Source: Ambito
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