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 2024. 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.
Chilean president Gabriel Boric (centre) at the inauguration of an energy storage plant in the northern region of Antofagasta in April 2024. Chile has strong conditions for wind and solar energy, and is pursuing storage to help overcome intermittent supply (Image: Ximena Navarro / Dirección de Prensa, Presidencia de la República de 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.
During the Energy Storage Summit Latin America (ESS LatAm) in October 2024, 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 2024, could power up to 3.4GW of 4-hour duration energy storage.
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With transmission lines at overcapacity and permitting delays slowing the development of new grid infrastructure, battery energy …
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The Chilean energy transition is facilitated by a rare confluence of factors: widespread political consensus, partnerships between public and private entities, and the …
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The current wave of excitement around Chile’s BESS market started in October 2022, when the Chilean government passed legislation that incentivised the deployment of …
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Chile’s energy storage sector is experiencing significant growth, as outlined in the latest “Report on Projects Under Construction and Investment in the Energy Sector” by the …
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Chilean home energy storage is experiencing a significant transformation driven by growing energy demands, environmental considerations, and advancements in sto…
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