Brazil energy storage bid wins

Will Brazilian batteries compete in energy auctions in 2024?

Our Standards: The Thomson Reuters Trust Principles. The Brazilian government plans to include batteries and other forms of energy storage to compete in energy auctions which are set to happen in the first half of 2024, an official from the Mines and Energy Ministry told Reuters.

What is Brazil's largest battery storage project?

Further details about Brazil’s largest battery storage project to date have been revealed including its integrators and equipment providers. The inauguration of the 30MW/60MWh system took place last year, on the networks of transmission system operator (TSO) ISO CTEEP, as reported by Energy-Storage.news in November.

Should Brazil use batteries to power its electricity grid?

Operating Brazil's electricity grid has become more complex, requiring more flexibility, as energy sources with a variable output - such as wind and solar - have gained space in the country's matrix. The batteries would help counterbalance the variability of renewable generation stepping in when output from renewable sources is lower.

Can Brazil reindustrialize?

“Brazil wants to use this energy to reindustrialize the country.” The shift to a low-carbon economy will require the world to expand and upgrade transmission lines so they can handle intermittent renewable power. Brazil’s grid is already more than 90% renewable thanks to hydropower and recent growth in wind and solar.

Will Brazil become a major producer of green hydrogen?

Brazil’s grid is already more than 90% renewable thanks to hydropower and recent growth in wind and solar. The country will need to increase renewable power even more to become a major producer of green hydrogen, a fuel that’s seen as key to slashing carbon emissions.