3 FAQs about Praia Energy Storage BESS Price Inquiry

Will regulatory uncertainty deter investors in Brazil's battery energy storage system?

With Brazil's Ministry of Mines and Energy asking for feedback about how it should structure procurement of battery energy storage system (BESS) capacity, regulatory uncertainty could deter investors. The ministry is planning a battery-dedicated grid capacity reserve auction in June, and has held a public consultation exercise.

How much does Bess cost?

The cost of BESS has fallen significantly over the past decade, with more precipitous drops in recent years: This is nearly a 70% reduction in three years, owing to falling battery pack prices (now as low as $60-70/kWh in China), increased deployment, and improved efficiency.

Will grid charges affect Bess deployment?

With grid charges varying significantly across Brazil, that definition could affect competitiveness and lead to regional imbalances in BESS deployment. From pv magazine Brasil. This content is protected by copyright and may not be reused.

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