While many projects are under development, lithium - ion battery storage is still limited. According to data from Acera, the Chilean Renewable Energy Association, there are only 64MW of battery storage capacity currently active, representing 0.2% of national capacity.
Currently, 36 of the 129 large-scale projects Latin America projects with an energy storage component under development are in Chile, including 32 out of 71 of the region's early works projects. The storage technologies either in use or being considered include:
According to data from Acera, the Chilean Renewable Energy Association, there are only 64MW of battery storage capacity currently active, representing 0.2% of national capacity. AES Andes, a subsidiary of U.S. company AES Corp. operates all 64MW at their Angamos and Los Andes substations.
Results of this analysis include the following: Lithium-ion battery demand from BEVs is projected to rise rapidly in Chile. Total battery demand from battery and plug-in hybrid electric vehicles is estimated to rise from 0.5 GWh in 2024 to 13.0–17.8 GWh in 2030 and to 27.7–38.0 GWh in 2035.
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