Dax Energy is advising renewable energy developers with the goal of avoiding resource areas where there is congestion in the transmission system. In this way, we aim to find the best available renewable energy resources, while avoiding curtailment for potential off-takers. As of October 2016, the Chilean Ministry of Energy published figures for non-conventional renewable projects, as follows:
There is clearly no shortage of non-conventional renewable projects in Chile, a country with a total installed capacity of 22,300 MWs. At the same time, many of those projects are located in areas with weak transmission capacity so it is essential to perform in-depth analysis of the available transmission capacity where projects are located (a static concept) plus having up-to-date information of what new generation (renewable or otherwise) is being planned and added over time (a dynamic and subjective analysis).
Dax Energy’s knowledge of the transmission system and best resource areas enable us to avoid areas that, from a resource standpoint, might look promising to the non-initiated players.
Argentina’s electricity market facts:
As a response to the Energy Emergency declared by the Argentine Government and the new renewable law that states that by 2025, 20% of the consumed energy by large consumers (>300 kW) must come from non-conventional renewable energy, Dax Energy is developing wind projects in Buenos Aires province, and solar PV projects in San Juan and Mendoza provinces. All projects have two interconnection options, and their environmental studies will comply with World Bank’s requirements (Equator principles).
Dax Energy current portfolio of more than 700MW includes three (3) wind projects and two (2) solar projects, and all of them will be Ready to Build at the end of 2017.