How many energy storage projects are in Chile?

Currently, 36 of the 129 large-scale projects Latin America projects with an energy storage component under development are in Chile, including 32 out of 71 of the region’s early works projects. The storage technologies either in use or being considered include:

How much battery storage capacity does Chile have?

According to data from Acera, the Chilean Renewable Energy Association, there are only 64MW of battery storage capacity currently active, representing 0.2% of national capacity. AES Andes, a subsidiary of U.S. company AES Corp. operates all 64MW at their Angamos and Los Andes substations.

What kind of energy does Chile use?

Chile has the potential to run exclusively on renewable generation, with an estimated energy mix of 46% solar, 31% wind, 12% hydroelectric, and 8% flexible natural gas power plants, as well as 23% of battery storage capacity. The remaining 2% is split between biomass, geothermal, and other less common energy sources.

How does Chile benefit from solar energy?

The country benefits from consistently strong winds in mountainous region of Patagonia and some of the world’s highest levels of solar radiation in the Atacama Desert. This predictable supply of wind and solar energy has led the Chilean government to estimate that 13% of the world’s green hydrogen will be produced within its borders.

Does Chile have a solar thermal tower?

Chile’s Atacama desert is home to the only solar thermal tower in Latin America. The imposing 240-meter construction is one of the pillars of the country’s ambitious green energy program that began in 2019 and aims to completely replace fossil fuels by 2040.

Will Chile achieve net-zero emissions by 2050?

Last December, Chile’s centre-right government published the country’s first energy transition strategy, which provided targets for achieving net-zero emissions by 2050, including accelerating solar, wind and geothermal energy across the country.