In April of this year, the Government published the Initial Agenda for a Second Stage of the Energy Transition. Among the pillars of this agenda, the Promotion of Storage was considered, whose purpose is to encourage the development of Energy Storage Systems (“SAE”, by its acronym in Spanish) projects in our country. Such agenda included a plan of short- and medium-term measures consisting of:

1. Allocation of fiscal land.
2. Technical Guide for environmental assessment of storage projects.
3. Modification of Decree N°125, Regulation of Coordination and Operation of the National Electric System (“SEN”, by its acronym in Spanish). This regulatory modification was included in Supreme Decree No. 70, dated November 24, 2023, “which modifies Supreme Decree No. 62, Regulation of Capacity Transfers, and introduces modifications to the decrees indicated set forth”.

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