With an eye on the upcoming battery capacity auction, Engemon Energy has been expanding its operations in the Brazilian energy storage market and has already accumulated nearly 170 MWh across installed, under implementation, and development projects.
Created two years ago by the Engemon Group, the company was founded with a focus on BESS (Battery Energy Storage System) solutions and seeks to position itself in a segment that has been gaining relevance in the face of the advancement of renewable sources, the growth of curtailment, and the need for greater operational flexibility in the SIN (National Interconnected System).
The market is awaiting a decision from the Ministry of Mines and Energy (MME) regarding the first battery capacity auction in Brazil, considered strategic for unlocking investments in utility-scale projects and consolidating new revenue sources for energy storage.
According to Rafael Resende, commercial head of Engemon Energy, the company has already been preparing technically to participate in the bidding process.
“We have a significant focus on the battery capacity auction. We have already developed sizing studies of the main technologies available on the market to offer utility-scale solutions to investors,” the executive stated in an exclusive interview with [publication name]. Canal Energy.
Currently, Engemon Energy has 79 MWh of installed capacity in projects focused on the commercial and industrial sectors. In addition, the company has another 10 MWh in the implementation phase and approximately 80 MWh under development.
One of the main ongoing projects is the implementation of a 16 MWh BESS system for Marfrig, in Promissão (SP), considered a strategic project for the company.
The company acts as a solutions integrator, handling everything from technical sizing to system implementation, commissioning, and maintenance.
“We understand our clients’ pain points, we size the projects, we assess feasibility, we execute the implementation, and we handle all the operation of the storage systems,” explained Resende.
According to the executive, the company has also been intensifying its relationship with international manufacturers to keep up with the evolution of technologies available in the global market.
"We have been developing basic projects considering blocks of 30 MW, which is the minimum power initially discussed for the auction," he said.
The Engemon Group has expertise in engineering, medium and high voltage installations, substations, and civil works, skills that the company intends to use to expand its presence in the storage segment.
Hybrid solutions
In addition to projects dedicated exclusively to batteries, Engemon Energy sees growing demand for hybrid solutions that combine solar photovoltaic generation with storage.
According to Resende, this model is being sought mainly in regions where there are limitations in the distribution infrastructure.
"The market has been demanding this type of hybrid solution, especially in locations where utilities are unable to meet all the demand necessary to sustain customer operations," he stated.
According to the executive, this market is expected to gain scale in the coming years as battery costs decrease and the sector matures in regulation.
The company also monitors opportunities involving storage systems associated with renewable energy projects, especially to mitigate the impacts of curtailment on solar and wind power plants. "The market is still trying to understand how to build the economic viability of these projects," he commented.
Another promising area involves BESS applications in transmission and distribution networks, using batteries to support demand and increase the operational flexibility of the electrical system.
"Just as consumers are concerned about costs, distributors are concerned about meeting peak demand. These are important projects that should gain traction in the short term," he concluded.
Despite market growth, Resende believes that clearer regulatory definitions are still needed regarding the different revenue streams that can be generated from storage, a point considered fundamental to accelerating new investments in the sector.
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