Key Takeaways
- Grenergy launches a renewable energy auction in Chile, targeting generators and large consumers.
- The initiative will supply 1,400 GWh/year of stored nighttime energy and 300 GWh of solar energy by 2027.
- This marks Grenergy’s second auction, following its historic first in March 2022, promoting energy transition in Latin America.
Grenergy’s Renewable Energy Auction in Chile
Grenergy is launching a new renewable energy auction in Chile through its commercialisation division, targeting energy generators, retailers, and large consumers. This innovative initiative offers a competitive method for buying and selling energy, aiming to facilitate the transition to sustainable energy sources in the region.
The auction will facilitate the delivery of 1,400 GWh per year of energy stored in batteries during nighttime and an additional 300 GWh from photovoltaic sources. The energy supply is scheduled to begin between the first half of 2026 and the first half of 2027. This initiative follows Grenergy’s previous successful auction in March 2022, during which the company became the first clean energy producer in Latin America to host such an event.
Conducted via the local electricity marketplace, Match Energia, the auction opens with a submission phase that runs until May 6. This inclusive model broadens access for various generators and marketers, aligning with Chile’s growing energy transition efforts. Grenergy, which has operated in Chile for over 12 years, has established itself as the leader in renewable energy plant development within the country. Currently, the company has a remarkable pipeline of 18.3 GWh of energy storage and 4.1 GW of solar capacity.
One of Grenergy’s flagship projects is Oasis de Atacama, recognized as one of the largest battery systems globally. This project exemplifies the company’s commitment to innovative energy solutions, reinforcing its role in the advancing renewable energy landscape in Latin America.
The content above is a summary. For more details, see the source article.
