Buenos Aires Battery Storage: $540M Energy
The $540 million investment in energy storage isn''t just about keeping the lights on in Buenos Aires. It''s a strategic bet on a more
"This initiative, unprecedented in the country but already applied worldwide, seeks to add 500 MW of storage capacity in critical nodes of the Metropolitan Area of Buenos Aires (AMBA), with an estimated investment of US$ 500 million and an execution period of between 12 and 18 months.
Argentina is simultaneously planning over $1 billion in investments to expand its electricity transmission network, a project vital for reinforcing supply and accommodating future growth. This dual approach – storage for immediate resilience and transmission upgrades for long-term capacity – is a smart strategy.
After decades of disinvestment and decapitalization, the Argentine electricity system faces serious challenges in terms of infrastructure and response capacity. This tender for next-generation batteries (BESS) marks a paradigm shift, prioritizing private investment and technological innovation to solve structural problems.
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