Brazil energy storage peak load regulation

Could battery storage help large electricity consumers in Brazil?

Greener says that battery storage could help large electricity consumers in Brazil to cope with sharp differences between peak tariffs and off-peak tariffs. Batteries are already competitive for consumer energy storage in behind-the-meter applications in several Brazilian states.

Is electricity storage a legal asset in Brazil?

Nevertheless, before ANEEL can incorporate storage within the regulation of the electricity sector, defining this kind of asset will be important [ 6 ]. As in most electricity markets, electricity storage is yet to be defined under Brazil's legal framework and regulation.

Why is electricity storage important in Brazil?

Electricity storage in Brazil The rise of renewable intermittent sources and the fall of stored energy in hydropower dams raises the risks associated to power security, but it can also pave the way for new technologies such as electricity storage [ 12 ].

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.

Is Brazil bringing storage into the energy transition?

Brazil is taking its first steps toward its ambitions of bringing storage into the energy transition of its electricity sector.

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.