Investor Presentaiton
Energy Sector Overview
Regulatory Update
Resolution 31/2020: Key Highlights
(AR$/MWh) (AR$/MWh)
Res
238/2022*
Res
238/2022**
Generated Energy
(AR$/MWh)
(US$/MWh)
Res 440/2021 Res 31/2020 Res 1/2019
AR$ 210
(US$ 3.5)
3.5
Capacity (Price per MW/Month)
Hydro
AR$ 388
AR$ 352
AR$ 271
Res 238/2022** Res 238/2022* Res 440/2021
Large Hydro
AR$ 182,625
AR$ 166,023 AR$ 127,710
Res 31/2020 Res 1/2019
AR$ 99,000
(US$ 1,650)
AR$ 433
AR$ 403
AR$ 310
US$ 3,000
AR$ 240
(US$ 4)
4
AR$ 420
AR$ 181,000
Thermal
AR$ 775
AR$ 705
AR$ 542
Hydro
(US$ 7)
7
Small Hydro
AR$ 334,813
AR$ 304,376 AR$ 234,135
(US$ 3,025)
US$ 5,500
Renewable Hydro
AR$ 547,876
AR$ 498,069
AR$ 297,000
AR$ 383,130 (US$ 4,950)
AR$ 1,328
AR$ 1,208
AR$ 929
AR$ 720
(US$ 12)
12
US$ 6,300
Operated Energy
Winter/
Summer
AR$ 360,000
AR$ 664,092
AR$ 603,720
AR$ 464,400
(US$ 6,000)
US$ 7,000
DIGO Rate
(AR$/MWh)
Res
238/2022**
(AR$/MWh)
Res
238/2022*
(AR$/MWh)
Res
440/2021
(US$/MWh)
AR$ 270,000
Spring/Fall AR$ 498,069
AR$ 452,790
AR$ 348,300
(US$ 4,500)
AR$ 100,650
US$ 5,500
Hydro
AR$ 154
AR$ 140
AR$108
Res 31/2020 Res 1/2019
AR$ 84
(US$ 1.4)
1.4
Thermal
Base Rate
Large CCGT AR$ 185,670
Large Steam
Turbine
Small Steam
Turbine
Small GAS
Turbine
AR$ 168,791
AR$ 129,839
AR$ 264.807
AR$ 240,734
AR$ 185,180
AR$ 316,551
AR$ 287,773
AR$ 221,364
AR$ 280,025
AR$ 254,569
AR$ 195,822
(US$ 1,678)
AR$ 143,550
(US$ 2,393)
AR$ 171,600
(US$ 2,860)
AR$ 151,800
(US$ 2,530)
US$ 3,050
Thermal
AR$ 154
AR$ 140
AR$ 108
AR$ 84
(US$ 1.4)
1.4
US$ 4,350
US$ 5,200
Peak System Thermal Requirement Capacity Rate (AR$/MW)
Res 238/2022** Res 238/2022* Res 440/2021 Res 31/2020
US$ 4,600
Hydro
Large Hydro
Small Hydro
50,729
46.118
35,475
27,500
59,953
54,503
41,925
32,500
Utilization Factor
No
No
Yes
Yes
Yes
Renewable Hydro
64,565
58,695
45,150
35,000
Thermal
All Fuels
69,176
62,888
48,375
37,500
Prices in US$/MWh for Res 31/2020 calculated with FX as of February 2020, equivalent to 60 AR$/USD
*Tariffs from February 2022
**Tariffs from June 2022
Peak System Thermal Requirement Adjustment Factor
Summer & Winter
Months
Fall & Spring Months
First 25 hours
1.2x
0.2x
Hydro &
Thermal
Second 25 hours
0.6x
0.0x
Res 1/2019
23
23
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