Argentina publishes details of 500 MW battery tender

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. 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.

A fixed payment of $10/MWh will be received for electricity supplied under the contract with energy storage capacity rewarded with a maximum $15,000/MW/month. CAMMESA will act as guarantor for payments, for up to one year, in the event of non-payment by electricity distributors Edenor and Edesur.

Eligible BESS for the tender must be new and must supply power for at least four consecutive hours per full discharge cycle.

Projects must be sized between 10 MW and either 150 MW or as required by specific grid connection points, whichever is lower.

The tender’s organizers expect submission of bids to take place on June 10, with bid evaluation in the first half of July, and awards within a week of the evaluation. The signing of contracts is set to start on July 28.

The templated contract, in Spanish, can be found here.

From pv magazine LatAm.