In March 2024, BESS Coya, the largest battery-based energy storage system in Latin America, started operations. . The Chilean energy transition is facilitated by a rare confluence of factors: widespread political consensus, partnerships between public and private entities, and the embrace of innovative energy technologies. This shift comes at a critical time as the global push for decarbonization intensifies. . Chile is leading the way in Latin America and has more projects in the pipeline, but hurdles remain Chilean president Gabriel Boric (centre) at the inauguration of an energy storage plant in the northern region of Antofagasta in April 2024. Chile Energy Minister Diego Pardow was present at the inauguration of the 200 MW/800 MWh BESS del Desierto, a project its developers describe as. . With 23 energy storage projects already approved, totaling an impressive 3,000 MW of capacity, Chile is at the forefront of innovation and efficiency in Latin America. The JV, Generadora Metropolitano, announced last week (21 November) that construction has officially begun on the two-project. . Chile will need new renewable energy storage systems to replace its current backup capacity of coal-fired plants and natural gas-powered combined cycle turbines and improve the reliability of the country's electric grid as it pursues new renewable energy generation. Chile has the potential to run. .
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