With regulations for energy storage continuing to go from strength to strength in Chile, the future is bright for this market. Join us for this keynote from the Ministry of Energy about where the market is at now, and what to expect in the future.

Regulation and policy changes are fundamental to a thriving and profitable energy market, where a stable framework exists and can be seen to encourage deployment of renewable energy sources. Chile has been on a long, complex journey and many learnings can be taken from its trajectory, while other countries have more to do. In the past 6 months, Argentina, Brazil and Panama have all announced plans to include batteries in some form of auction or tender.

• What are the next steps in countries like Chile in terms of the necessary regulatory framework to help drive the business case and buildout for energy storage?
• What should the industry expect in the short term in terms of technical regulation for energy storage in Chile?
• Although tenders and auctions are the early market signals, what do experts expect to happen in countries like Brazil, Panama, and Argentina?

The recently passed Supreme Decree 70 (DS 70) outlines significant changes in the recognition and compensation of energy storage projects in Chile and is expected to spur on deployment for both co-located and standalone projects. Now, there is one question on many players’ minds: how can developers ensure that future storage projects are bankable?

• What needs to happen to ensure traditional banks are comfortable with lending capital for an energy storage project in Latin America?
• How do you build a capital stack for these types of assets?
• Technology choices, business cases and how to make projects more attractive to investors
• How owners and operators can guarantee new revenue streams for storage assets in Chile and beyond

The other side of the bankability coin is financing storage projects. What is the current financing landscape for energy storage in Latin American countries, and how willing are investors to put their money where their mouth is?

• Aside from Chile, what other markets are attractive for investors?
• What is the appetite from infrastructure investors vs. project finance in Latin America?
• What does the industry need to see change to encourage more investment into storage in the region?
• Innovative financing structures, tolls, PPA structures, etc…

What is the expansion of technology that will be needed in the future for Latin America? This panel will talk about technology needed to help the country reach its renewable energy and storage goals, as well as any technological shortcomings or challenges which are present and acting as a barrier to deployment of energy storage.

Renewable energy tenders are a signal to the market that there is both demand and the need for clean power, and more and more we are seeing these tenders mandating energy storage, or markets implementing storage-led auctions. This session will provide insights on what has happened so far in countries such as Chile, Brazil, Colombia, Panama and the Dominican Republic, as well as what might be next.

The Brazilian government has confirmed that they will include batteries in their power reserve auction from 2024 onwards, but there is continued lack of regulation for standalone storage assets in the country.

• How can the market encourage growth in the front-of-meter sector in Brazil and what needs to happen at the regulatory level to achieve this?
• The outcome of the capacity market auction and potential paths for energy storage

What will it take for Chile to reach its renewable energy goals? Is the ‘norma de capacidad’ enough of a driver for the Chilean energy storage market? With costs increasing in the transmission system and curtailment a stark issue across the country, join us for one of the biggest debates in Chile at the moment, with experienced industry stakeholders telling us what they really think.

This presentation will explore the opportunities and benefits of DC and AC coupling in energy storage, focusing on inverter applications. Learn how SMA solutions can boost flexibility, improve system performance, and increase the lifespan of your plants.

How is the industry reacting to regulatory changes and developments in Chile, which have been widespread and long-awaited for many stakeholders? What more needs to happen in the future to bring higher levels of efficiency to the system, and build more sustainable infrastructure? This panel will be thinking about what customers will need for the future.

• The long-term impact of capacity regulation changes and the withdrawal of the 2000MW transmission auctions
• What regulation does the industry think will be needed for the next 3-5 years?
• Thinking ahead to planning for dispatch, operations and calculating costs
• How can storage help address spiralling curtailment issues across Chile?

Alfredo will look at the challenges grids are facing with ever-increasing penetration of renewables, both in general (ww) and specifically in Chile. He will then depict the solutions offered by energy storage, using multiple use cases around the world, with a focus on grid congestion and dispatch management. He will analyse the solutions under technical and economic aspects and conclude on their relevance for Latam grids.

One of the biggest issues for developers in Latin America is the bankability and financing piece for energy storage. What are the other big issues for developers in Latin America?

• How are smaller developers pushing the envelope for energy storage deployment in Chile?
• How to attract and retain capital from infrastructure investors in Latin America
• What is the biggest challenge with moving from the ‘pure-play developer’ model to an IPP model, where opportunities for remuneration are more lucrative?
• How can developers take the next step to becoming an IPP and getting access to more revenue streams for projects?

The Future Grids Alliance is an IFC-led initiative designed to support emerging market utilities and ensure universal access to energy. What new and innovative financial products are available for energy storage, and how can you access them?

This session will further explore the landscape and opportunity for long-duration energy storage in Latin America. What success stories for LDES technologies have already emerged in the region?