We are experiencing a revolution in energy storage. Energy storage systems are fundamental for the electricity transition in Latin America because they allow the region to make more efficient use of its vast renewable potential, especially solar and wind, whose generation is variable and intermittent. By storing energy when production is high and releasing it during periods of higher demand or lower availability, the reliability and flexibility of electricity systems are strengthened. In addition, storage contributes to the large-scale integration of renewable energy, reduces dependence on fossil fuels for backup, improves resilience to emergencies and natural disasters, and enables new energy management models in isolated communities or those with limited grid access.
What is the current storage capacity in LAC countries? What are the ambitions and barriers to achieving it? Which public policy instruments have proven successful in promoting the adoption of storage systems? This session aims to discuss these questions and learn from the experiences of the region’s leading countries in this field.