Successful bid price of PV energy storage project in Mexico 2030

Can a battery energy storage system complement a PV plant in Mexico?

An analysis was carried out to verify if it would be commercially feasible to operate a Battery Energy Storage System (BESS) to complement the operation of a PV plant in the Mexican market. This PV plant would generate a revenue through the contracting via the 2015, 2016 or 2017 LTAs in Mexico.

Can a new PV plant be sold to the PML market?

I.e. no energy from the new PV may be directly sold to the PML market (under the Small Producer scheme, the plant sells its energy at a discounted market price CTCP / PML). Energy trading with mixed revenue: If the overall generation of the existing PV plant and the new PV plant is below 30 MW, this energy is directly sold to the PML market.

How can est increase the profitability of wind and solar PV?

For example, EST can increase the profitability of wind and solar PV by avoiding curtailment or by increasing self-consumption . Therefore, it can be expected that stronger energy storage policies will be developed in jurisdictions that anticipate a strong penetration of VRE .

Is there a 3% PML price bonus on PV plant production?

There is a 3% PML price bonus on the entire PV plant production, but the storage only must supply the power diference between actual feed-in and forecast, a considerable increase in PV selling revenue is feasible with a comparatively low ESS power and energy.

How much money does KfW invest in solar-plus-storage projects?

In 2013, the state-owned bank KfW launched programme 275, which offered low-interest loans and investment grants for 30% of the capital costs of solar-plus-storage installations until 2016. In that period, KfW invested around €60 million in almost 19,000 of these projects.

Should energy storage be considered a transmission and distribution asset in Mexico?

In Mexico, defining energy storage as a generation or a transmission and distribution asset is not only critical to establish revenue streams, but also to determine whether EST will be able to operate under a regime of free competition.