South America: One of energy storage''s final frontiers
South America is the continent most dependent on renewable energy, but it is a market that has been difficult for the energy storage industry to penetrate – most South
In South America, high electricity demand can be observed almost throughout the year during the daytime (10−15) and night time (19−23), whereas the peak demand for North America is from 16 to 23 at the beginning and at the end of the year. Fig. 3. Aggregated load profile for North America (left) and South America (right) for the year 2030. 3.4.
However, deploying grid infrastructure is not done overnight. Due to its nature, power lines need to consider social and environmental impact across big areas, along all their routes, involving lengthy planning and permitting processes and engaging multiple stakeholders, which consume a lot of time, potentially delaying deployment.
Concerning the interconnection between North and South America, the results show that the transmitted electricity through Mexico South and Central America is insignificant. In this study, grid expansion between the regions are allowed if the regions share a border and there is a possibility of direct connection.
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