Average solar plus storage price per 10kW in Chile

The winning developers are Zapaleri, which secured 126 GWh for a solar-plus-storage facility at a price of $0.03836/kWh, and FRV Development Chile I, which was awarded 651 GWh for a hybrid.
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6 FAQs about [Average solar plus storage price per 10kW in Chile]

How much does solar cost in Chile?

For solar hours, considered between 8:00 and 18:00 hrs, the average price during 2021 was approximately 49 USD/MWh at Crucero substation (Northern Chile) and 58 USD/MWh at Quillota substation (Central Chile). During 2020 these values were 32 and 34 USD/MWh respectively for each substation.

What is the average energy price in Chile?

On the other hand, Graph 4 shows the evolution of energy prices throughout Chile. During 2020, the average price was approximately 40 USD/MWh, while for the last 12 months this value is approximately 100 USD/MWh. Graph 4: Spot Energy Price in Chile’s main substations. Source: CEN: CEN

What was the lowest price submitted in Chile's energy auction?

In Chile's previous energy auction, held in August 2021, the CNE assigned 2.31TWh of renewable energy. The lowest price submitted was $0.01332/kWh

When will Chile start supplying electricity to the National System?

The Chilean energy regulator concluded an auction to supply electricity to the national system over a period of 15 years from 2027. Chile's Calama Solar 3 PV plant, said to be the first industrial-scale solar plant in South America, with a total installed capacity of 1.1 MWp. Image: CVE Chile From pv magazine Latam

How much does electricity cost in Quillota & Crucero?

During 2020 these values were 32 and 34 USD/MWh respectively for each substation. In April, the price was between 80 and 71 USD/MWh in Quillota and Crucero respectively.

How many MWh did solar power generate in April 2022?

During April 2022, solar power generated 48% (1,081,043 MWh) more than in April 2021 (730,523 MWh), and wind power generated 49% (678,592 MWh) more than in the same month of the previous year (456,258 MWh). On the other hand, generation from thermal sources decreased by 11% this month compared to the same month of the previous year.

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