How will Mauritius transition to a low carbon economy?
Mauritius is transitioning to a low carbon economy, with the Central Electricity Board (CEB) installing the first grid-scale Battery Energy Storage System (BESS). This is the first of its kind in Mauritius and enables high capacity storage of renewable energy in the grid.
What factors affect the ROI of a Bess?
External Factors that influence the ROI of a BESS The cost of electricity, including peak and off-peak rates, significantly impacts the ROI. Energy storage systems can store cheaper off-peak energy for use during expensive peak periods.
What is Mauritius aiming to reduce dependence on?
The Government of Mauritius’ Long Term Energy Strategy - aims to increase the share of renewable energy in our energy mix to 35% by, reducing the country’s dependence on coal and heavy oil for electricity generation.
What is Mauritius' long term energy strategy?
The Government of Mauritius’ Long Term Energy Strategy - aims to increase the share of renewable energy in our energy mix to 35% by . This includes reducing the country’s dependence on coal and heavy oil for electricity generation.
How does energy storage affect Roi?
The cost of electricity, including peak and off-peak rates, significantly impacts the ROI. Energy storage systems can store cheaper off-peak energy for use during expensive peak periods. Subsidies, tax credits, and rebates offered by governments can enhance the financial attractiveness of ESS installations.
What is the second phase of CEB's Bess project?
The second phase of CEB's BESS project will involve the installation of 14MW BESS deployed in four main substations: Jin Fei (4MW), La Tour Koenig (2MW), Anahita (4MW), and Wooton (4MW). This phase is expected to be completed within 12 months.
Understanding the Return of Investment (ROI) of Energy Storage
To accurately assess the financial viability of a BESS, several key indicators are used. This is a list of the main indicators we need to know and understand in order to assess the ROI.
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The main purpose of the BESS is to help stabilise the grid frequency in view of incorporating more and more renewable energy on the national grid. Renewable sources such
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