Taxing BESS project components in the same way as solar panels would provide even more savings for Brazilian bill payers
Image: Engie
By ESS news
Aurora has estimated that battery energy storage systems (BESS) now cost 10% less to provide reserve capacity for Brazil’s electricity grid than new combined gas turbine power stations (CCGT).
Because that difference applies to projects built to strengthen Brazil’s electricity grid starting in 2030, Aurora said BESS could be 29% cheaper if their components were subject to the same Brazilian tax regime as solar panels.
“In Brazil, 30% of the cost of installing storage is represented by taxes,” said Inês Gaspar, head of Aurora’s research for Latin America. “In other countries we monitor, this is 5% to 10%.”
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