Aurora strengthens its presence in Chile with the launch of its bankable battery valuation software “Chronos” – BNamericas

Home Technology Aurora strengthens its presence in Chile with the launch of its bankable battery valuation software “Chronos” – BNamericas
Aurora strengthens its presence in Chile with the launch of its bankable battery valuation software “Chronos” – BNamericas

This is an automated translation of the original release published in Spanish.
PRESS RELEASE from Aurora Energy Research
June 15, 2026
SANTIAGO (AURORA ENERGY RESEARCH)— The global energy analytics provider, Aurora Energy Research, announces the launch of its bankable battery valuation software Chronos in Chile in the third quarter of this year. 
The software is used both by developers and banking entities to finance BESS storage system projects. With Chronos, bankable forecast curves are provided for batteries that are used in financial decision-making, both for financing new assets and for other operations and transactions.
Chronos is entering the Chilean market at a time of high activity in the development and construction of BESS projects. There are currently more than 70 projects, totaling around 6 GW of capacity, under construction in the country, according to the National Energy Commission. Chile is one of the markets leading the adoption of batteries for the integration of renewable energies at a global level. 
Chronos is already widely used throughout Europe, Australia and the United States by battery project developers and financial institutions. The software provides support in financing different types of projects, both stand-alone and co-located with renewable energy plants.
Raúl Urtubia, Product Manager, Aurora Energy Research comments: 
“The deployment of batteries in Chile is at its highest point to date, and the window of opportunity to develop new projects calls for swift action. In this regard, Chronos can open the door to project financing for batteries for developers through bankable projections, as well as transactions of assets in operation. Aurora has developed robust sensitivity scenarios for Chronos that consider, on the one hand, the possibility of a sharp sudden increase in BESS systems in the system and, on the other, a scenario that reflects suboptimal revenues given the historical use of BESS systems by the system operator”.
ABOUT AURORA ENERGY RESEARCH
Founded in 2013, Aurora Energy Research is a leading global provider of energy market forecasts and analysis for critical investment and financing decisions for more than 1,000 clients. Headquartered in Oxford, we operate from 18 offices worldwide covering Europe, North and South America, Asia, and Australia. Our comprehensive services include market outlook packages for the energy industry, advisory services, and innovative software solutions. We foster diversity with a team of more than 1,000 experts with experience in energy, finance, and consulting, offering unparalleled knowledge and skills in energy, renewables, storage, hydrogen, carbon, and fossil commodities. Our mission is to enable the global energy transition through widely trusted quantitative analysis and high-quality decision-making support. 
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