Energy Storage Latin America Goes VirtualEMPOWERING THE TECHNOLOGIES KEY TO LATIN AMERICA'S RENEWABLE TRANSITION
Diego Mesa Puyo
Deputy Minister of Energy for the Republic of Colombia
With some of the highest rates of urbanization in the world, ageing infrastructure and a growing demand for electricity, the market is ripe for significant investment across the entire energy value chain.
The focus for governments across the region is to accelerate a decentralized, decarbonized and intelligent energy industry. In order to do this, the region must invest in more energy from non-hydro renewables and battery storage than ever before.
We are already seeing a shift in engagement and awareness in the sector, with more renewable projects planning for implementation of storage than ever before, and the buzz in the industry is palpable.
With the promise from 9 countries across the region to increase their combined renewable energy capacity to 312GW by 2030, the decrease in battery costs and an appetite for change, energy storage will play a fundamental role throughout the entire value chain.
Myths, risks and opportunities in Latin America’s top two solar markets
The Energy Storage Latin America agenda provides the industry with an unrivaled opportunity to discuss how the region is set to unlock the full potential of energy storage, accelerate deployment and address the main regulatory and financing challenges.