An electrical network based mainly on variable renewables (solar and wind), eventually required services provided by energy storage to maintain the inertia and firmness of the network. In Chile, according to a report by ACERA, the participation of Accumulated NCRE as of July 2022 was 31,1% largely driven by the entry of new photovoltaic plants.
Currently, droughts continue to worsen, making it more difficult to predict the water resource for generation. At the same time, the Andean country is preparing a roadmap to define the enabling conditions for withdraw or convert coal plants by 2030 or close to that year.
In this context, the difference in the marginal price of energy between off-peak hours and peak periods exceeds 90 dollars. Creating a business of arbitration very profitable for storage, especially in nodes with a lot of discharge from solar and wind.
But there is a need to clarify rules on how to operate these assets; Are stand-alone projects going to be treated as generation or transmission assets? How do you plan to remunerate complementary regulation and frequency services?
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Business Development Manager
Director of studies
Head of the Market Monitoring and Regulation Unit
Head of Electrical Department
Managing Director - Chile
Although Chile already has remuneration mechanisms for energy storage systems coupled to renewable generation sources (eg capacity payments), there are still pending issues. In this opening talk, the current regulation in relation to the storage market will be analyzed and the government's objectives and next steps will be discussed; with the participation of organizations such as the Ministry of Energy, the Electrical Coordinator National (CEN), and the National Energy Commission (CNE).
Speakers: Ministry of Energy and National Electrical Coordinator
In this session we focus on profitable storage project proposals in Chile and explore how the storage market for stand-alone projects will evolve, based on various service addition options.
Speakers: Wärtsilä and BASF. Moderate – ATA Insights
In this session you will have the opportunity to catch up with current real cases of storage projects in Chile. We will analyze real cases of how to design, promote and build profitable storage projects in Chile. And we will explore strategies to minimize price uncertainty in your project considering the global context of batteries and their bottlenecks.
Speakers: Aggreko and Colbun
If the heart of a storage system is the battery, the brain is the asset control, operation and optimization software. In this session we study the capabilities of energy management systems (EMS) to respond to the needs of the system and offer services that improve the profitability of the project.
Speakers: Wartsilä, Moderator –ATA Insights