How much money will Buenos Aires invest in a new storage system?
This initiative, unprecedented in the South American country but already applied worldwide, seeks to add 500 MW of storage capacity in critical nodes of the Metropolitan Area of Buenos Aires (AMBA), with an estimated investment of $500mn and an execution period of 12-18 months.
Why is the Argentine electricity system undergoing a paradigm shift?
After decades of disinvestment, the Argentine electricity system faces serious challenges in terms of infrastructure and response capacity. This tender for state-of-the-art batteries (BESS) marks a paradigm shift, prioritizing private investment and technological innovation to solve structural problems.
Why is Argentina preparing a contingency plan?
This action is part of a series of measures that the national government under Argentina’s president Javier Milei has been developing since Oct. 2024 as part of a contingency plan, which includes short, medium and long-term actions to recover an electrical system that in Dec. 2023 was in a critical state, the Energy Secretariat said.
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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Undersecretariat of Renewable Energy Ministry of Energy and Mining Argentine Republic Av. Paseo Colón 189 Piso 9, Buenos Aires, Argentina Tel. +54 11 4349 8033 [email protected] Argentina Investment + Trade Promotion Agency Edificio República, Tucumán 1 Piso 12, Buenos Aires, Argentina Tel. +54 11 5239 4490 …
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Battery storage developer and operator Spearmint Energy has secured US$250 million for two battery energy storage system (BESS) projects located in Texas, US, totalling 400MWh. ... Enlight secures US$243 million for solar-storage project in New Mexico, US. Upcoming Events. ... - April 30, 2025. 2pm BST / 3pm CEST. Electrical Energy Storage 2025 ...
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Arthur Deakin is Director of AMI''s Energy Practice, where he oversees projects in solar, wind, biomass and hydrogen power, as well as energy storage, oil & gas and electric vehicles. Arthur has led close to 50 Latin …
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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 …
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