Consultancy for Enabling Energy Storage Markets in LAC for a Resilient, Low-Carbon Multisector Coupling Description of Services: Development of Energy Storage Regulatory Frameworks

The consulting services include to analyze the regulatory and market barriers that prevent the adoption of ES and define proper compensation schemes that consider all the revenue streams and value of ES in order to access long term financing; and based on the previous analysis, make recommendations on how to update regulatory frameworks and market designs, including a proper ES definition and asset classification (generation, transmission, or independent), to provide an enabling environment to encourage ES participation, greater investment, and power system resilience. Is is expected the following outcome and deliverables:

(i) Study of Key elements for regulatory framework in LAC;

(ii) A proposal of potential ESS Regulatory Frameworks and the Guideline proposal;

(iii) Final guideline; and

(iv) A guideline application for 3 LAC countries.

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Expressions of interest must be delivered using the IDB Portal for Bank Executed Operations by June 17, 2022, 5:00 P.M. (Washington D.C. Time).