World : Tech companies eyeing energy storage in Chile

Technology companies are eying business opportunities related to Chile's plans to publish a regulatory framework for ancillary services to ensure greater stability for a power grid that has been precarious.

President Michelle Bachelet has introduced incentives to increase the percentage of non-conventional renewable energy (NCRE) supply to 20% by 2020. Renewables now account for 17% of the country's installed capacity, up from 6% when she began her term in 2014.


Source :

Smart Grid Bulletin July 2019

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