Solar and energy storage deployment is booming in Chile, spurred on by supportive government policy that has been markedly stable for 15 years. Indeed, the nation leads Latin America in this .
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However, in recent years, Chile has been facing some serious issues: curtailment and marginal costs nearing zero. With solar project owners needing to find a solution to make their projects financially viable, battery
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Grenergy''s Oasis de Atacama project, currently being built in phases, will co-locate 2GW of solar PV generation with as much as 11GWh of battery storage when completed. Image: Grenergy Grid constraints have
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Solar PV in Chile is facing a twofold issue: on the one hand, the ever-increasing curtailment of generation; on the other, the reduction of income due to low prices of electricity with...
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Solar arrays at Grenergy’s Oasis de Atacama project in Chile. Image: Grenergy Grenergy has raised financing for the fourth phase of a solar-plus-storage project in Chile set to feature 11GWh of battery storage capacity when completed.
Image: AES Andes. Solar PV in Chile is facing a twofold issue: on the one hand, the ever-increasing curtailment of generation; on the other, the reduction of income due to low prices of electricity with increasing zero marginal cost.
Attendees at the Energy Storage Summit Latin America hosted by our publisher Solar Media in October last year heard that with solar PV in Chile—one of the sunniest countries in the world, particularly in the Atacama Desert region—at risk of rampant curtailment, the addition of batteries is being seen as a necessary mitigation of that risk.
Both technologies will go hand in hand in Chile, as solar PV is seen as the primary generation source to charge BESS plants, explains Juan Pablo Toledo, country manager, Chile at Metlen Energy & Metals.
Having energy storage in Chile is no longer a luxury asset but has become an “absolute necessity”, explains Alejandro McDonough, business development manager of Americas area sales at Wärtsilä Energy Storage and Optimisation (Wärtsilä ES&O).
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