2025 Agenda
If you're interested in speaking at Energy Storage Summit Latin America 2025, get in touch with our team today.
As a region, Latin America is already leading the way in terms of offering bright prospects for the future of renewable energy and a cleaner electricity system. With a record 319 GW of utility-scale solar and wind capacity either announced, in pre-construction, or under construction, the region is positioned to grow its large-scale solar and wind power capacity by more than 460% by 2030. In 2024, LatAm and the Caribbean generated around 64% of their electricity output from clean energy sources, which is above the global average of 39% – and hopes remain high for the integration of energy storage across regional markets
This panel will bring together industry leaders in the renewables and storage space, to talk about the challenges and bottlenecks that regional markets in LATAM face when it comes to integrating energy storage, and how they should be building on the success of solar and wind deployment to date.
- Key factors hindering market growth – high initial CAPEX costs, regulatory uncertainty and lack of beneficial legislation are common themes across markets
- Severe transmission bottlenecks and how energy storage can act as a solution for this widespread problem
- How should asset owners and operators be compensated for helping to stabilize the grid, and what markets should Latin America look to for learnings?
- How should the industry further leverage the capacity of solar and wind projects already built in countries like Chile, Peru, Brazil, and Uruguay?
One of the most severe and widespread problems facing renewable asset owners across the region is curtailment, which is particularly pronounced in Northern Chile, and which many attribute as the driving force behind its success in storage deployment so far. With renewables pushing down prices on the day-ahead electricity market and reducing earnings, it is estimated that around 8 GW of battery storage will be needed to provide system stability and increase revenue for asset owners. This panel will bring together players who have successfully deployed storage in Chile, to address how their projects can help alleviate these problems.
- What is the business model?
- How are the revenue sources guaranteed for them as owners?
- What problem is the project solving for them?
Rich in wind, solar, and other natural resources, Latin America has the potential to be a global leader in renewable energy. With the global battery supply chain coming in sharper focus, and the politicization of naturally occurring mineral resources, how can LATAM leverage the resources it already has and in turn strengthen its domestic supply chain?
- Forecasting tariff risks for the future of the sector and the potential for onshoring
- Safeguarding against pricing projections, strategic resource planning for developers, and ensuring supply dependability
- What parts of the value chain need to be strengthened to ensure energy security and sustainability?
- The importance of the mining sector in Latin America and the intersection with the energy storage industry
Financing & Bankability
Emerging Markets
With the vast majority of projects in Chile being co-located with solar PV, what is the next step to enabling and incentivizing the buildout of standalone energy storage?
- Getting around land constraints
- Ensuring that assets can bid into ancillary services
- Who has built so far?
Brazil leads the region in combined capacity with a total of 26.9 GW of solar and wind. A historically small storage industry, now due for growth due to capacity reserve auctions set for 2025.
- Are batteries the main solution to mitigating curtailment in Brazil?
- What outcome does the industry expect to see from the capacity reserve auctions planned for 2025 in Brazil, and how will they shape future opportunities in the country?
Are Power Purchase Agreements the correct path to unlocking energy storage in Chile? What is the background for PPAs so far in the country and what needs to change?
- The opportunity of PPAs for standalone storage – what will these look like in the future and how will they be negotiated?
- What is the necessary trajectory for DisCo PPAs to be successful and how do we ensure they are successful for smaller players as well as the incumbents?
The situation in Colombia and Peru currently differs to other countries in that curtailment is not an issue at this stage, and no real regulation exists for BESS yet. However, a one-time storage auction in Colombia and studies in Peru have given hope that the market can scale – but what will it take to get there?
- What do developers and investors need to consider when deploying storage in the Colombian or Peruvian market?
- What is the landscape for ancillary services and making money from storage projects?
- Do Colombia and Peru plan to implement new policy and regulation to help spur the markets forward?
Financing & Bankability
Emerging Markets
What does the financing landscape look like for energy projects in Latin America, and how are key stakeholders interacting with different markets?
- What is the current risk appetite from local vs. international investors?
- With subsidies and capacity schemes not covering all projects, how are developers creating viable financial structures which make their projects bankable?
- A view on optimal financial structures including PPAs, tolling agreements or merchant offtake contracts
With a recent change in administration, there is a new sense of optimism in the country, in particular for the clean energy sector and encouraging investment. At the beginning of this year, the Argentine Energy Secretariat launched an international call for proposals seeking to add 500 MW of battery energy storage to the critical nodes in areas of Buenos Aires.
- How will this initiative help increase energy security in the country at the same time as promoting private and international investment after years of turmoil?
- What else needs to be re-focused in the country to ensure the 12-18 month execution period can be successfully met and carried out?
For the first time, we are hosting country-focused networking roundtables at the Summit, where you will be able to sit down with experts and leaders with expertise in specific emerging markets and discuss key challenges, hot topics, and potential roadblocks face-to-face.
Each table will be presided over by at least one host, if not multiple, who are close to the market and able to share their insight on the future roadmap for that country. Markets covered will include:
- Chile
- Brazil
- Peru
- Colombia
- Argentina
- Mexico
With no clear path to guaranteed capacity payments in Chile post-2034, what regulatory clarity does the industry need to ensure continued investment and growth in the energy storage sector?
- What capacity factor will be recognized for batteries after this law comes to an end?
- Defining the rules for operational assets in Chile – the path to efficiently operating and dispatching systems
- How will these systems participate in the ancillary services market?
As Chile continues its upward trajectory to becoming a leading energy storage market globally, find out how owners and operators are planning to harness a lucrative combination of arbitrage, capacity payments, and ancillary services.
- How can owners and operators access arbitrage revenue streams in the merchant market?
- How do we get to the point of having a full arbitrage market in Chile?
- The path forward for capacity payments
- Understanding pricing dynamics in Chile – with a prediction of negative daytime pricing by 2026, how will that affect energy storage storage opportunities?
With the mining sector playing a fundamental role in Latin America, how will the needs of mining industry affect future BESS deployment and power demand? This fireside chat will bring together some key players in the mining sector to discuss how they think these two sectors can support one another and collaborate in the future.
One big challenge in Latin America is transmission – and energy storage is one of the best-known solutions for this problem. In this Ask-Me-Anything session, we bring together some of the most well-versed and knowledgeable leaders in the sector to answer your questions on this topic. Delegates are encouraged to submit questions in advance, and the session on the day will be interactive.
The Dominican Republic’s decree that mandates a requirement for projects above 50MW to include a storage component has put the island on the map, and Puerto Rico needs storage to avoid rolling blackouts. This panel will address commonalities of some of the Caribbean Islands, and what challenges need to be overcome in these markets to aid growth of storage.
- Increasing resiliency – the role of storage in the DR, Puerto Rico and Jamaica
- How will energy storage in the Dominican Republic be compensated and how can you make money outside of arbitrage?
- With regulatory initiatives already in place and different angles for storage, what needs to happen next in these markets?
