Argentina launches 500 MW storage auction
Wholesale electricity market management company Cammesa will act as guarantor of the storage contracts that will be made with distributors Edenor and Edesur. It will
Argentina's government said on Monday it has awarded contracts for 667 MW of capacity in its first tender dedicated to battery energy storage systems (BESS), exceeding its original 500-MW target by about 30%. Energy storage battery. Photo by Anna Vasileva
The Argentine Energy Secretariat opened the $500 million AlmaGBA Storage tender to procure BESS for AMBA. Projects are expected to take shape within 18 months. The template indicates contracts will run for a maximum 15 years after the date of BESS commercial authorization or Jan. 1, 2027, whichever comes first.
The AlmaGBA Storage tender, for the metropolitan area of Buenos Aires (AMBA), will pay a fixed $10/MW of electricity supplied and energy storage capacity bids must have a maximum cost of $15,000/MW/month.
Argentina's Wholesale Electricity Market Administration Company (CAMMESA) has published a contract template to guide participants in the 500 MW battery energy storage system (BESS) tender opened in February. The Argentine Energy Secretariat opened the $500 million AlmaGBA Storage tender to procure BESS for AMBA.
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