Brazil Sao Paulo Energy Storage Frequency Regulation Project

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6 FAQs about Brazil Sao Paulo Energy Storage Frequency Regulation Project

When will the energy storage initiative start in Brazil?

In April 2016, the Brazilian National Regulatory Authority (“ ANEEL ”) published the first draft of a three-year energy storage initiative in the context of its R&D programme for technological innovation in the power sector, which was launched in 2012. The initiative is expected to launch this year and project selection will be concluded in 2017.

How will energy storage regulation shape Brazil's energy future?

By advancing energy storage regulation, the agency seeks to enhance system efficiency, accommodate renewable energy growth, and empower stakeholders across the energy sector. ANEEL opens the second phase of Public Consultation on energy storage regulation to shape Brazil's energy future.

Should Brazil invest in energy storage?

Brazil's energy storage sector must attract R47 billion ($7 billion) in investments by 2030, according to the Brazilian Energy Storage Solutions Association (Absae). Stakeholders are in the process of creating a regulatory framework for energy storage.

Is energy storage a solution to Brazil's growing renewables capacity?

ANEEL's announcement is timely and shows an interest in pushing energy storage to be considered as a solution to Brazil's growing renewables capacity and urgent need to fill the transmission infrastructure gap.

What are the challenges for energy storage in Brazil?

Another challenge for energy storage in Brazil will be access to capital. Given the current unfavourable economic conditions, it is not clear how long it will take for energy storage to benefit from large-scale investments. 5.

What is the panorama of storage in Brazil?

The launch of the Panorama of Storage in Brazil marked a breakthrough in technical discussions and symbolized the beginning of a new era for the Brazilian electricity sector. With its eyes on the regulatory framework, the storage market has the potential to be one of the great drivers of the national energy transition.

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ANEEL opens the second phase of Public Consultation on energy storage regulation to shape Brazil''s energy future.