BESS

Chile is home to a massive 10.3 million tons of lithium reserves, most of which is found in the Atacama Desert in the northern part of the country. With some of the highest solar irradiation levels on Earth, this region also boasts the perfect conditions for generating solar power. Developments in the photovoltaic market, alongside implementation of more efficient energy storage systems, are positioning Chile as a regional leader in this field. So what does the future hold for battery energy storage systems (BESS) in Chile, and what obstacles lie in their way?

Researchers in the US have published a study that brings 20 years of renewable energy (solar PV and/or wind plus storage) generation into line with historical energy-demand profiles, to ascertain at what storage cost point renewables can cost-effectively consistently meet 100% demand.