China 2025 argentina energy storage

How much money will Buenos Aires invest in a new storage system?

This initiative, unprecedented in the South American country but already applied worldwide, seeks to add 500 MW of storage capacity in critical nodes of the Metropolitan Area of Buenos Aires (AMBA), with an estimated investment of $500mn and an execution period of 12-18 months.

Will battery storage reverberate through global supply chain?

S&P Global expects the move to reverberate through the global battery storage supply chain, further driving down prices already at historic lows. From ESS News New renewable energy plants in China will no longer be required to build storage in order to secure development rights and grid connection.

How have provincial government mandates impacted renewables curtailment in China?

To date, more than 20 provinces have issued such mandates and some provincial governments have upped their mandatory ratios for energy storage projects to 20%, up from 10% a couple of years ago. These requirements have helped mitigate renewables curtailment in China.

What is the aim of a new energy infrastructure in 2025?

The goal is to ensure a more reliable and efficient electricity supply, especially during peak demand, the Energy Secretariat said 17 Feb. 2025 in an official statement. This new infrastructure is the beginning of a series of measures aimed at guaranteeing the supply of energy in the country, starting with the AMBA.

Why is the Argentine electricity system undergoing a paradigm shift?

After decades of disinvestment, the Argentine electricity system faces serious challenges in terms of infrastructure and response capacity. This tender for state-of-the-art batteries (BESS) marks a paradigm shift, prioritizing private investment and technological innovation to solve structural problems.