CENTRA-EDF Chile Chair: long-duration energy storage
CENTRA-EDF Chile Chair: long-duration energy storage
How much is long-duration storage worth to Chile, and does the current market pay for that value? The chair answered both questions with models of the National Electric System.
Objective
PurposeTo assess, comprehensively, the system value and economic viability of long-duration energy storage (LDES) in the National Electric System: whether its development is efficient, whether market design adequately pays for its contribution, what the main risks are, and which regulatory adjustments a 100% renewable system needs.
Facts
DataWork streams
ScopeSystem value
Modelling system operation and expansion with and without LDES.
Market design
Gaps between the value storage provides and what the market pays today.
Business models
Complementary revenue streams that improve project returns.
Team
UAI · CENTRA
Juan Pablo Torres also took part as a researcher.
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