Which companies are building large-scale battery energy storage projects in Chile?

Enel is building a 67 MW/134 MWh battery, while CJR Renewable and Uriel Renovables are planning 200 MW/800 MWh and 90 MW/200 MWh projects, respectively. From pv magazine EES News site three different developers announced separate large-scale battery energy storage (BESS) projects collocated with solar farms in Chile.

Which energy storage projects are co-located with solar plants in Chile?

Three utility scale battery energy storage projects co-located with solar plants were announced last week in Chile. Enel is building a 67 MW/134 MWh battery, while CJR Renewable and Uriel Renovables are planning 200 MW/800 MWh and 90 MW/200 MWh projects, respectively. From pv magazine EES News site

Are battery energy storage systems a viable alternative for Chilean power producers?

With transmission lines at overcapacity and permitting delays slowing the development of new grid infrastructure, battery energy storage systems (BESS) have surged as a profitable alternative for Chilean power producers.

How much does a battery cost in Chile?

In fact, batteries charged at nearly $0/MWh during the day in the sunny, northern desert regions of Chile, sell energy at night for over $100/MWh. Although projects such as Engie’s BESS Coya are already enjoying these large spreads, this capacity payment will partially de-risk Chile’s dependence on volatile, but still profitable, merchant revenues.

Will new solar assets in Chile have storage components?

New utility-scale renewable and PMGE assets in Chile (most of which are distributed solar plants smaller than 9 MW) will likely all have storage components moving forward.

Do Chilean co-located storage assets need an environmental impact statement?

Since Chilean co-located storage assets don’t require an Environmental Impact Statement (known locally as the DIA), development times for storage assets have been cut in half compared to solar or wind assets.