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Chile utility-scale energy storage
The government of Chile will launch a bill this year to procure large-scale energy storage systems for commissioning in 2026 totalling US$2 billion of investment, on top of 5GWh already being sought for 2027-28.
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Battery life of containers in Chile
Storage arbitrage opportunities are estimated to average $79/MWh until 2030, before gradually declining as installed capacity grows. Chile would thus become the first South American country to achieve competitive battery storage pricing within the next decade.
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