What is Brazil's largest battery storage project?
Further details about Brazil’s largest battery storage project to date have been revealed including its integrators and equipment providers. The inauguration of the 30MW/60MWh system took place last year, on the networks of transmission system operator (TSO) ISO CTEEP, as reported by Energy-Storage.news in November.
How many people benefit from battery energy storage in Brazil?
The project benefits more than 2 million people in Brazil. ISA CTEEP, a leader in Brazil’s power transmission sector, has just energized the first large-scale battery energy storage project in the Brazilian transmission system. The batteries were installed in an area of approximately 5.000 m², which is the equivalent of half a soccer field.
Why is energy storage so popular in Brazil?
So far, energy storage has been mostly used for small-scale off-grid applications, however, things are about to change. Brazilian customers, like those in other countries, are taking advantage of the increasing competitiveness of energy storage equipment, which is mainly due to rapidly falling battery prices.
How can Brazil expand the share of renewable sources?
“One way to expand the share of renewable sources in Brazil’s power generation mix is by giving them greater predictability. A non-dispatchable, non-predictable renewable source, when combined with a storage system, becomes dispatchable, that is, more widely used by the national system operator.
What is the value of so Paulo power project?
The companies have not revealed the value of the agreement. The 30-megawatt project was approved by the electric sector regulator Aneel last year to expand the power grid in the coastal cities of São Paulo, Brazil’s most populous state. The R$146 million project is expected to start operating by the end of the year in Registro.
Are Li-ion batteries a viable energy storage option in Brazil?
It’s worth remembering that prices for Li-Ion batteries have declined by nearly 90% between 2010 and 2019 and are likely to fall even further. This decrease has, for the very first time, put energy storage in the realm of economic viability for Brazilian consumers.
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