Brazilians ready to embrace storage amid rising
Brazilian energy suppliers raised the red flag in September 2024, signaling a rise in electricity costs as thermal power stations were
Brazil is set to conduct the country's first-ever energy storage auction for adding batteries and storage systems to the national power grid.
Holu's Costa observed batteries were prominent during the Intersolar South America trade show held in São Paulo at the end of August 2024. She added, hundreds of manufacturers are bringing energy storage products to Brazil.
Changes to Brazil's first capacity reserve auction of 2025 could undermine the expansion of the procurement regime to include battery energy storage systems (BESS) in the second exercise of the year, according to Markus Vlasits, chairman of Brazil's energy storage trade body.
Interest in the auction has been expressed by power companies such as Portugal's EDP and Brazil's ISA Energia. The auction will enhance Brazil's power grid reliability by integrating energy storage solutions for electricity generated from renewable sources such as wind and solar. US Tariffs are shifting - will you react or anticipate?
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