Is Chile ready for a standalone energy storage project?
This project alone nears the capacity (13GWh) the Chilean Ministry of Energy sought in a public land bidding auction for standalone energy storage projects in May of . Chile has been one of the countries at the forefront of the renewable energy transition in Latin America, first with solar PV and now with BESS.
Why is energy storage important in Chile?
Image: Grenergy Grid constraints have prevented Chile from maximising the potential of its world-class solar resources. Energy storage has, therefore, become a necessity to ensure the financial viability of PV projects, writes Jonathan Tourino Jacobo.
How many energy storage projects are in Chile?
Currently, 36 of the 129 large-scale projects Latin America projects with an energy storage component under development are in Chile, including 32 out of 71 of the region’s early works projects. The storage technologies either in use or being considered include:
Where are Chile's battery energy storage facilities located?
Chile’s first battery energy storage projects were commissioned in , and all but two of its 16 administrative regions have facilities in operation, under construction or in the planning stage. The greatest installed capacity is found in the northern regions of Antofagasta and Tarapacá, the country’s solar powerhouses.
How much energy storage will Chile have in ?
During the Energy Storage Summit Latin America (ESS LatAm) in October , Ana Lía Rojas, executive director at the Chilean renewable energy and energy storage association (ACERA), explained how the current levels of curtailment in Chile, which could end up at approximately 5TWh in , could power up to 3.4GW of 4-hour duration energy storage.
How much battery storage capacity does Chile have?
According to data from Acera, the Chilean Renewable Energy Association, there are only 64MW of battery storage capacity currently active, representing 0.2% of national capacity. AES Andes, a subsidiary of U.S. company AES Corp. operates all 64MW at their Angamos and Los Andes substations.
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