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dc.titleState of Charge: Energy Storage in Latin America and the Caribbean
dc.contributor.authorGraham, Nate
dc.contributor.authorMalagón, Edwin
dc.contributor.authorViscidi, Lisa
dc.contributor.authorYépez-García, Ariel
dc.contributor.orgunitEnergy Division
dc.coverageLatin America and the Caribbean
dc.date.available2021-05-05T14:00:00
dc.date.issue2021-05-05T14:00:00
dc.description.abstractEnergy storage can bring many benefits to electricity systems, including enhanced grid reliability, efficiency, and flexibility. It will also be a key enabler of mass decarbonization and climate change mitigation, facilitating the expansion of variable renewable energy sources such as wind and solar while ensuring grid security. However, energy storage deployment in Latin America and the Caribbean (LAC) is still nascent. This publication examines the current and potential future roles for various energy storage technologies in LAC grids. It describes the main energy storage technologies being used internationally and the status of storage technologies in LAC, highlighting emblematic projects. The publication also seeks to identify the most promising applications of each of these technologies in different LAC contexts and provide recommendations on the regulatory and policy changes that would be required to facilitate greater energy storage uptake in the region.
dc.format.extent48
dc.identifier.doihttp://dx.doi.org/10.18235/0003246
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/State-of-Charge-Energy-Storage-in-Latin-America-and-the-Caribbean.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectRenewable Energy
dc.subjectClimate Change Mitigation
dc.subjectEnergy Efficiency
dc.subjectSolar Energy
dc.subjectWind Power
dc.subjectEnergy Storage
dc.subjectDecarbonization
dc.subjectElectric Battery
dc.subjectHydrogen Market
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
dc.subject.jelcodeQ56 - Environment and Development • Environment and Trade • Sustainability • Environmental Accounts and Accounting • Environmental Equity • Population Growth
dc.subject.jelcodeQ48 - Government Policy
dc.subject.jelcodeN56 - Latin America • Caribbean
dc.subject.jelcodeN76 - Latin America • Caribbean
dc.subject.jelcodeQ55 - Technological Innovation
dc.subject.keywordsclimate change;Renewable energy;decarbonization;Solar Energy;wind energy;energy storage;gridservices;grid reliability;grid flexibility;microgrids;pumped hydro energy storage;lithium-ion battery;lead-acid battery;sodium-sulfur battery;flow battery;molten salt thermal energy storage;compressed air energy storage;hydrogen energystorage;energy regulation
dc.typeMonographs
idb.identifier.pubnumberIDB-MG-00908
idb.operationRG-T3281
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