How much will Buenos Aires invest in storage capacity?
The Argentinean authorities plan to install the new storage capacity in critical nodes of the metropolitan area of Buenos Aires, with an estimated investment of $500 million and an execution period of between 12 and 18 months. From pv magazine Latam
What is GBA storage - almagba?
Register now to subscribe to our informative monthly, weekly or daily Newsletters. The Ministry of Economy of Argentina has issued a national and international open call "GBA Storage -AlmaGBA", aimed at contracting 500 MW of electric energy storage plants in critical nodes in the Metropolitan Area of Buenos Aires.
What is Argentina's contingency plan?
This tender is part of a series of measures that the government of Argentina has been developing since October 2024 with the Contingency Plan, which includes short, medium and long-term actions to recover an electricity system that was in a critical state in December 2023.
Who is guarantor of electricity storage contracts?
Wholesale electricity market management company Cammesa will act as guarantor of the storage contracts that will be made with distributors Edenor and Edesur. It will also set the date for the presentation of the offers. The latest date for the commercial authorization of all the equipment is set for Dec. 31, 2028.
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