The energy transition towards renewable energies is a global trend and in this sense, the economist and consultant in energy and public services, Alexander Einstoss asserted a ChannelE Que, “The energy transition process is irreversible at a global level“, and this “is more than clear due to the effects that are observed in the climate, day by day, which are due to the action of man on earth from the emission of gases”, selected.
“The world is moving towards a net zero emissions scenario in the year 2050. It is not that the world is going to stop emitting, but that it is going to emit the same amount of gases that it is going to capture,” said the interviewee. Then they added: “Argentina adheres to these commitments but with different goals between now and 2030 and 2050”.
According to Einstoss: “Argentina faces a more complex energy transition than the rest of the worldbecause it already has a very important injection of gas, which is what the world aspires to have in 2030″.
“The difference between Argentina and the rest of the world is that in other countries 30 percent of energy is burned through coal,” report the economist. So “the transition mainly involves replacing coal with gas”, and “gas is the vector of the transition”, he stated.
The role of Vaca Muerta in renewable energy
For the interviewee: “The development of our resources in Vaca Muerta has a limited window of opportunity”, “our greatest limitation for macroeconomic instability and the cost of capital“, that is, the investment that Vaca Muerta needs to export to the world “today is a challenge of the first magnitude.”
“Perhaps gas exports in this first stage will be limited to the closest countries in the region such as Chile, Brazil and Uruguay”, concluded Alexander Einstos.
