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Argentina launches 500 MW storage public sale

The Argentinean authorities belief to set up the unique storage capability in necessary nodes of the metropolitan dwelling of ​​Buenos Aires, with an estimated funding of $500 million and an execution interval of between 12 and 18 months.


Describe: Sungrow

From pv magazine Latam

The Argentine Power Secretariat, which is fragment of the Ministry of Economy, has launched an global name for proposals in the hunt for thus as to add 500 MW of battery energy storage system (BESS) capability in necessary nodes in the so-known as Metropolitan Space of ​​Buenos Aires (AMBA), with an estimated funding of $500 million and an execution interval of between 12 and 18 months.

The instruments must provide energy for no decrease than four consecutive hours per corpulent discharge cycle.

In an announcement, the Argentinean authorities said that here is an initiative “unprecedented in the country nonetheless already utilized worldwide,” with the aim of “guaranteeing a extra decent and efficient electricity provide, in particular real by height put a query to.”

It is assuredly said that the unique infrastructure is “the origin of a chain of measures aimed in direction of guaranteeing the provision of energy in the country, starting with the AMBA”, and that “provincial jurisdictions are invited to analyze this modality and replicate a similar actions of their territories.”

The Power Secretariat also said the country’s electricity system faces necessary challenges when it comes to infrastructure and response capability, this capability that of decades of disinvestment and decapitalization. “This subtle marks a paradigm shift, prioritizing private funding and technological innovation to resolve structural issues,” it added.

Wholesale electricity market administration firm Cammesa will act as guarantor of the storage contracts that will most likely be made with distributors Edenor and Edesur. This may per chance even assign the date for the presentation of the gives.

The latest date for the commercial authorization of all of the instruments is assign for Dec. 31, 2028.

The gives must be backed by a so-known as bank guarantee defined at $10,000/MW basically basically based on the utmost offered storage vitality.

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