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The new framework allows independent aggregators to combine demand, generation and storage to participate in electricity markets, strengthening demand-side response and supporting renewable energy integration in line with EU Directive 2019/944.
Energy consultants say the Federal Electricity Commission’s mixed contracts could accelerate project delivery and unlock investment in renewables and grid infrastructure, as electricity demand is set to rise 3–5% annually.
The agreement covers the supply of 1 GWh of battery storage capacity for the 238 MWp Malgarida solar PV plant in Chile’s Atacama Desert, strengthening renewable energy integration and long-term investment in the country.