Grid constraints have prevented Chile from maximising the potential of its world-class solar resources. Energy storage has, therefore, become a necessity to ensure the financial viability of PV projects.
The UK government has not ruled out changing grid access rights for new energy storage projects as part of its REMA reforms, a potential move that consultancy AFRY and investor Copenhagen Infrastructure Partners (CIP) discussed with Energy-Storage.news.
Executives from investor Copenhagen Infrastructure Partners discussed its three BESS projects in Scotland totalling 1.5GW/3GWh which have all now reached FID, the largest BESS in Europe to do so.
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.
National deployment targets should be set for energy storage technologies, the International Renewable Energy Agency (IRENA) Coalition for Action has said.