Chile has enacted the Renewable Energy Storage and Electromobility Law, which will compensate standalone storage projects for injecting electricity into the grid and being available at times of peak demand. November 16, 2022 Luis Ini Image: Ministry of Energy of Chile From pv magazine Latin AmericaChile has enacted a new law on energy storage and electromobility, following its approval in parliament in October.“This law promotes the participation of renewable energies in the electricity matrix, allowing their storage and avoiding the dumping of the generated production,” said the Chilean Ministry of Energy.The main features of the law include the possibility of compensating standalone storage projects to inject energy into the grid, in addition to being available at times of peak demand. It may also accelerate the retirement of coal-fired power plants.In addition, the law seeks…
Chile enacts law on energy storage, electromobility – pv magazine International
