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Major changes for Chile’s next auction include incentives for energy storage and non-variable renewables like Concentrated Solar Power, a splitting of the auction into three geographic zones (north, central, south), an increase in contract length to 20 years, and the possibility of transferring systemic costs of the short-term market. Solar thermal energy with storage like the …
Continue reading “Chile’s 2023 auction to now incentivize dispatchable Concentrated Solar Power”
The most commonly used sources of dispatchable renewable energy are reservoir-based hydropower facilities, which can be rapidly ramped up or down by grid operators depending on system power needs. This week’s upbeat renewable energy supply outlook by the International Energy Agency (IEA) contained an important but overlooked lament about the slow roll-out of so-called dispatchable …
Continue reading “‘Dispatchable’ renewables in spotlight after upbeat IEA report”