Charging Ahead: The Future of Battery Storage in Chile

The battery market in Chile is experiencing undeniable momentum, with 500 MW of battery capacity installed in 2024 and another 3.3 GW in the pipeline. Far more than just standalone assets, much of this growth is designed to unlock the full potential of a power system already supported by an impressive solar capacity—one that continues to grow.

Chile’s share of intermittent renewable generation has grown from 5% in 2015 to 41% in 2023 and is expected to climb to 55% by 2060. This is mostly driven by a tremendous growth of solar capacity, fuelling the need for storage solutions to ensure efficient integration in the system and avoid challenges such as reduced revenues due to cannibalization.

At this Public Webinar, we will explore the following topics:

• What standalone battery configuration has the strongest business case in different regions throughout Chile, and when is the best time to develop it?
• How do the economics for co-located projects differ when compared to the standalone business case?
• Given the uncertainty around how the PMGD pricing mechanism will evolve, what impact could different regulatory scenarios have on the business case for PMGDs co-located with batteries?
• What insights from global markets—capacity payments or broader regulatory changes—could help identify potential opportunities and risks for battery investment in Chile?

If you have any questions, please get in touch with Humberto Medrano, our Senior Commercial Associate.

Registration Instructions:

1) Create a free basic Zoom account with your company email address if you do not already have one.
2) Register for the webinar and add the Zoom confirmation to your calendar.
3) Join on the day from the link in your calendar invitation, signing into your Zoom account when asked.

If you have not joined an Aurora webinar before, please check that your organisation’s firewall permits access to Zoom. Personal domains incl. Gmail/Hotmail will be rejected at the point of attendance.