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In 2011, installed generating capacity was 29,000 MW, of which over 58% depended on thermal resources (natural gas, gas oil and fuel oil), 38% was hydroelectric and 4% came from nuclear power stations. In the same year, 121,216 GWh was generated, of which 60.9% came from thermal resources, 32.4% was hydroelectric and 4.8% nuclear, with 2% being imported. The electricity sector is marked by the strong presence of foreign companies. Argentina covers most of its energy needs from its own resources.

Policy in the electricity sector promotes sustainable development, with a scheme to promote the use of renewable energy. Under this scheme, a series of programmes has started to be implemented to promote the use of alternative sources of energy to generate electricity, for example, the GENREN Programme, which covers the purchase of 895 MW of electricity generated from alternative sources, mainly wind power, for a period of 15 years. The Law on Biofuels, described below, provides that, as of 2010, the liquid fuel consumed in Argentina must be mixed with biofuel (biodiesel and ethanol).

Law No. 26.093 of 19 April 2006 instituted the Regulatory and Promotion Scheme for the Sustainable Production and Use of Biofuels. This scheme is to remain in force for 15 years as of its approval. All projects for establishing biofuel industries are eligible for the incentives given by the Law provided that: they are established in Argentina; they are owned by private or public or semi‑public commercial companies or cooperative associations incorporated in Argentina and given the exclusive right to develop the activity promoted by the Law; the majority of their equity is contributed by the National State, the Autonomous City of Buenos Aires (CABA), the provincial states, local authorities or natural or legal persons engaged principally in agricultural production

Law No. 26.093 created the National Advisory Commission for Promoting the Sustainable Production and Use of Biofuels.

The Undersecretariat for Industry, attached to the Secretariat for Industry, is responsible for implementing the Sustainable Industrial Development Project (DIS), launched in June 2008. The overall purpose of this Project is to promote industrial development within an environmentally sustainable framework, focusing on innovative production, more efficient production chains and regional balance.

In addition, Japan has been committed to advancing APEC green growth objectives. In 2012, following the Honolulu Declaration, APEC Leaders reached a groundbreaking agreement on the APEC List of Environmental Goods (54 items) that directly and positively contributes to APEC green growth and sustainable development objectives, on which we will reduce applied tariff rates to 5% or less by the end of 2015, taking into account each economy’s economic circumstances, without prejudice to APEC economies’ positions in the WTO.

Since the Eighteenth APEC Economic Leaders' Meeting, held in Yokohama, Japan, in November 2010, Japan has contributed actively to the process of raising consensus among the APEC Leaders on: promoting effective, non-discriminatory, and market-driven innovation policy; increased participation in global production chains by small and medium-sized enterprises; promoting trade and investment in environmental goods and services ; reinforcing the implementation of good regulatory practices; enhancing supply-chain connectivity by establishing a baseline de minimis value of US$100 on exports by the end of 2012; address barriers to trade faced by SMEs in the region; and facilitate trade in remanufactured goods. In the 2012 Ministerial Meeting in Vladivostok, Japan reiterated its commitment towards, inter alia: strengthening the multilateral trading system; advancing trade and investment liberalization; addressing next-generation trade and investment issues; liberalizing and facilitating trade in services; facilitating investment; promoting trade in environmental goods; ensuring food security and sustainable agriculture; and establishing reliable supply chains. Furthermore, Japan contributed actively to the development of the APEC List of Environmental Goods (54 items), which was endorsed in Vladivostok in 2012.

Japan-China: In December 2011, Prime Minister Noda expressed “Six Initiatives to further deepen a ‘Mutually Beneficial Relationship based on Common Strategic Interests’ on the occasion of the 40th anniversary of the normalization of diplomatic relations between Japan and China” during his visit to China. In line with the initiatives above, in May 2012, both leaders shared the view to further develop mutually beneficial economic relations in the fields of Finance, Energy - Saving and Environment , Tourism, Intellectual Property Rights, Agriculture and air transportation, etc. 

Japan-South Korea - In order to strengthen the economic relationship between Japan and Korea, the 10thJapan-Korea High-Level Economic Consultation was held on 24 November 2011. Both sides exchanged views to promote bilateral trade and investment and reaffirmed the importance of cooperation on global issues such as energy security and the environment.

In March 2010, the Subcommittee on Regulatory and Institutional Reform was established under the Government Revitalization Unit. It has three working groups which are the (1) green innovation working group ( environment and energy ),