The independent energy producer expects to know how the storage regulation will impact and evaluates the use of new distributed energy for when the CAPEX decreases
CVE expects to reach 70 renewable MW installed in Chile, focusing heavily on Small Distributed Generation Means (PMGD), where they are not only analyzing purely photovoltaic systems but also hybrid systems with battery storage and even green hydrogen.
“Under Supreme Decree 88 (DS88), we have about 70 MW of projects under evaluation, in different scenarios to be able to enter the permits, where some are only as solar PMGD and others with different storage assumptions,” said Paulina Ramírez del Barrio. , manager of New Technologies of CVE Chile.
“How the new regulations will be resolved to open the Small Distributed Generation Media market to DS88 is key, since if the time difference is achieved, it would allow the entry of storage,” she added during the Latam Future Energy webinar.
Given this, the company is evaluating both projects with storage in lithium-ferrophosphate batteries and H2 generation at a distributed level, which, although today they have high capital expenses and a high cost for PMGDs, maintain CVE’s vision for produce energy through renewables for those consumers who are close to the plants.
Is it possible to move forward with green hydrogen? It was one of the big questions that arose in the discussion panel to which Ramírez del Barrio commented that “projects are evaluated under different assumptions.”
“As a reference, and from the point of view of the PMGD generators, the recognition of power is considered from 20% to 40%. But the final percentage that is recognized will depend entirely on the agreement reached in the technical tables”.
“There are investors interested in continuing with the ventures, but we must give them certainty in the financial models, that is, in what the income we will have will be,” she complemented her participation in the LFE event. .
And although by 2023 it will not be possible to implement PMGD plants with green hydrogen, the independent producer of renewable energies present in several countries around the world, set their sights on developing this type of alternative and analyzing the necessary associated permits.
Why? As the demand increases and the CAPEX decreases (today the H2V is from 6 to 12 dollars per kilogram, depending on the technology and the cost of energy), solutions for the market and local uses could be massified in different sectors of the economy and the productive area of the country.
Source: Energía Estratégica