From ESS News
The Brazilian energy storage market is at a crucial point.
The cancellation of a planned grid-capacity reserve auction (LRCAP) for hydroelectric, thermal, gas, and biofuel generation capacity has cast into doubt plans for a procurement round for battery energy storage systems (BESS) in the second half of the year.
To make matters worse, publication of the regulations relating to BESS may take longer than initially thought.
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