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    YPF Luz's bet to supply a growing demand


    September 14, 2023 - CE Noticias Financieras

     

      Santiago Sajaroff, Chief Operations Officer of YPF Luz, shared key perspectives on the company's role in the energy industry and its commitment to renewable electricity generation in Argentina.

      The executive highlighted that YPF Luz has consolidated its position as one of the strongest players in the renewable electricity generation business in the country: "Many of our customers ask us for more energy than what is required by Law 27.191", he said, and he also highlighted the growing demand for clean energy by consumers.

      At the same time, he commented that the company is in the midst of building a 155 megawatt (mw) wind farm in General Levalle, in the south of the province of Córdoba. "Surprisingly, despite being in a construction stage, more than 60% of the capacity of this farm has already been contracted. There is a demand that is asking us for more, and we need to supply it in an efficient and sustainable way", Sajaroff emphasized.

      In this way, he also highlighted the sustained growth of YPF Luz in the last decade. At the beginning it had a capacity of 830 mw, however, at present the company is close to reaching 4000 mw. This portfolio of assets includes 400 mw of wind farms and 100 mw of the first solar farm that YPF Luz developed in the province of San Juan. In addition, the General Levalle project is added to the portfolio with an additional capacity of 155 mw.

      The demand for renewable energy in Argentina continues to increase, so YPF Luz is willing to take advantage of a variety of resources available in the country to satisfy it. However, he pointed out that, in order to take the next leap and take full advantage of renewable resources, it is crucial to develop the energy transportation system.

      Sajaroff highlighted the company's commitment to promote the transition to a cleaner and more sustainable energy matrix in Argentina. For that reason, he explained that YPF Luz will continue to be a fundamental pillar in the generation of renewable energy and in the strengthening of the country's energy infrastructure.

      At present, YPF Luz has assets in several strategic points of Argentina. As regards wind farms, it has Manantiales Behr, in the province of Chubut, Los Teros, in the city of Azul and Cañadón de León in the province of Santa Cruz. These farms have an installed capacity of 99 mw, 175 mw and 123 mw, respectively.

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