The Argentine Chamber of Deputies approved the bill that extends the validity of Law No. 27,191 (regime for the promotion of renewable energies) for 20 years .
If approved by the Senate, the scheme will remain in effect until December 31, 2045, replacing the expiration originally planned for the end of 2025.
The initiative represents a shift from last December, when the same legislative body had rejected the inclusion of this extension within Chapter XI of the 2026 Budget promoted by the Executive Branch.
The central focus of the project is the continuity of article 17 of the regulation sanctioned in 2015, which guarantees that access to and use of renewable sources are not subject to specific taxes, fees or royalties at any jurisdictional level: national, provincial, municipal or in the City of Buenos Aires.
In addition to this tax protection, the regime maintains key fiscal tools for the development of the sector, such as accelerated depreciation in Income Tax, early VAT refund, a longer period to calculate tax losses and certificates applicable to national taxes.
Although the bill under discussion does not contemplate an extension of the renewable energy participation target currently set at 20% by December 31, 2025, the current request does not aim for additional benefits or an expansion of targets, but rather to maintain the current tax structure without imposing new taxes.
In fact, the impact of the regime in the last decade explains the relevance of the debate, since, in terms of installed capacity, Argentina currently has 8079 MW of renewables operating within the Wholesale Electricity Market (MEM), excluding large hydroelectric plants of more than 50 MW.
Of that total, 4559 MW correspond to wind energy, 2680 MW to solar photovoltaic, 339 MW to bioenergy and 501 MW to small hydroelectric projects (projects less than 50 MW)
Furthermore, according to data from the Chamber of Generators and Value Chain of Renewable Energies (CEA) , Law 27,191 mobilized investments exceeding USD 8 billion between 2015 and 2025 , a period in which the participation of these technologies in the Argentine electricity matrix climbed from 2% to 17%.
Now, the decision rests with the Senate, which must decide whether to ratify the continuation of one of the most decisive regulatory frameworks for renewable growth in Argentina.