Can photovoltaic energy be stored in Mexico?

In this regard, experts estimate that the technology already exists in Mexico to store up to 1.5 megawatts of energy, which allows users of all sizes and in all types of interconnections, including the wholesale electricity market and large industry, to access photovoltaic generation without interruption.

Will Mexico develop energy storage technologies in the next decade?

However, we expect Mexico to develop its energy storage technologies significantly over the next decade, as well as its lithium mining industry, as it increases its renewable energy capacity as part of a global green energy transition.

Why is Mexico developing a hybrid solar power plant?

In response to more frequent blackouts, Mexico recently developed hybrid plants that have both a solar power generating capacity and battery storage capabilities. As Mexico expands its solar market, we expect companies to increase their investment in battery storage operations to optimize the solar power generated across the country.

Should Mexico be reliant on wind and solar?

In this regard, although it is essential to increase the installed capacity of renewable sources in Mexico and elsewhere, the intermittency of generation represented by wind and solar technologies makes it difficult to be completely reliant on them.

Should energy storage be regulated in Mexico?

5.2.1. Mexico Energy storage appears scarcely in Mexican legislation and the few regulations that mention it leave the door open to potentially consider EST as either generation assets or transmission and distribution assets . If EST were regulated as generation assets, they could operate under a regime of free competition.

How can Mexico promote energy storage?

To accelerate investments and promote the formation of a storage market, Mexico should introduce technology-push and market-pull policies simultaneously. Procurement targets could be used if policymakers decided that energy storage is a short-term priority, as in the case of the US.