Battery Energy Storage Systems (BESS) in Chile
With transmission lines at overcapacity and permitting delays slowing the development of new grid infrastructure, battery energy storage systems (BESS) have surged
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.
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.
The $225 million Polpaico BESS Energy Storage System, from Jinko Power Chile II, has a nominal power capacity of 300 MW and would have a scheduled start date of Nov. 23, 2026, in the Til Til commune of Chacabuco province, also in Metropolitan.
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.
PDF includes complete article with source references for printing and offline reading.
Download detailed specifications for our commercial energy storage cabinets, PCS, BMS and EMS systems.
Energy Park Precinct, Unit 15
Johannesburg 2001, South Africa
+27 10 446 7800
Monday - Friday: 7:30 AM - 5:30 PM SAST