Technical FAQs 4

How much energy storage will Chile have in 2024?

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.

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 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.

How big is Chile's 230 megawatt solar project?

The 230-megawatt project, with a storage volume of 920 megawatt-hours, is designed for 4-hour operation and slated to be launched in 2027. Experts point out that the joint development of solar generation and energy storage is becoming vital to Chile, especially given the growing production volumes and limited grid capacity.

How will a solar battery storage system benefit Chile?

The battery storage system will not only store solar power but can be activated as needed and will also contribute to Chile's security of supply through instantaneous reserve and black-start capability.

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