India's energy storage policy: Everything you need to know

Oct 12, 2021

By: Shadab Rabbani

What is the Energy Storage policy?

The Energy storage policy is a framework of policies to help India’s push of adopting greener energy sources and the integration of renewable energy with its mainstream power system.

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How will the storages improve India’s power system?

The storages will be a reserve of energy produced by wind and solar power to provide stabilised supply to its power grids.

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Why is energy storage needed?

Currently, the energy produced by both solar and wind energy are at irregular intervals and it doesn’t provide balanced supply to power stations.

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Use of storage in Hydropower plants

In Hydropower plants, the stored energy can be utilised to raise the levels of water and then supplied to reservoirs to generate electricity.

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India’s current renewable energy capacity

At the moment, India has about 100GW of installed solar and wind capacity and 63GW is under construction.

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India’s 2030 targets

By 2030, India is looking to have 450GW of renewable energy capacity. By next year, the target is to reach 175GW of renewable power capacity.

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What will the Energy Storage policy constitute?

The policy would focus on regulatory, financial and taxation, demand management and technological aspects in order to speed up the implementation of storage capacity.

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India’s current storage capacity

India is currently looking to set up a 14GWh grid-scale battery storage system at the renewable energy park at Khavda in Gujarat.

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Battery storage targets

It is also planning to set-up a 13GWh battery storage system in Ladakh and, by 2030, it requires 27GW of grid-scale battery energy storage systems with four hours of storage.

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