Tax Stability for Renewable Energy Extended Until 2045

Congress converted into law the extension of the fiscal stability regime for renewable energy through December 31, 2045. The initiative was approved by the Senate with 38 votes in favor and 8 against.

The measure extends by 20 years the term of Article 17 of Law 27.191, which establishes specific tax conditions for the development of renewable sources.

In particular, the article prohibits the application of specific taxes, royalties, or other levies on access and use of renewable resources. The restriction applies to the national, provincial, and municipal levels, as well as the City of Buenos Aires.

The extension aims to provide greater predictability for investments and generation projects that require extended timeframes for planning and execution.

Since 2016, the sector has accumulated investments exceeding 11 billion dollars in renewable generation, according to information released on the energy package.