Peru: Energy Storage Outlook

Sinopsis

The situation in Peru differs to other countries in that curtailment is not an issue at this stage, and no real regulation exists for BESS yet. However, an unexpected spike in marginal pricing in the power system last year constitutes food for thought for stakeholders and the potential for more energy storage.

• What are developers and system integrators finding when deploying storage in this market?
• What is the landscape for ancillary services and making money from storage projects in Peru?
• Does Peru need to implement regulation to help move the market forward?