Over 250+ trade leaders, authorities officers, and over 10+ associate nations emphasised the speedy deployment of BESS and pumped hydro in India to say world management

New Delhi (India), March 23:  In its endeavour to fulfill the bold 500GW of non-fossil vitality goal, India wants some daring steps and a sophisticated BESS ecosystem with over 238 GWh of capacity. Specialists on the 4th Version of the Worldwide Convention on Stationary Energy Storage India (SESI) 2024 emphasised on the rising penetration of renewables in the vitality combine and addressed numerous system integration challenges affecting the vitality storage capacity expansion. Over 250 trade leaders, authorities officers, and 10+ associate nations together with USA, Norway, Germany, Scotland, Australia and Singapore participated and mentioned the long run roadmap for   Renewable, electrical energy grid, rooftop photo voltaic, and decarbonise the C&I sector. India’s main trade physique India Energy Storage Alliance (IESA) organised this largest worldwide convention to assist India in integrating renewable vitality in the facility system which is essential for the nation to fulfill its local weather targets. 

“From capacity expansion to being a world investor-friendly vacation spot in the phase, India has achieved lots in lower than a decade. Our current 190+ GW of non-fossil-based capacity is a testomony to this progress story. At one finish we try to get extra and extra photo voltaic and wind into the grid, but in addition we’re bringing in lots of different vitality combine. The flavour is altering and the flavour now requires a lot effort from the manufacturing facet. And that’s the place MNRE’s function is now coming into play. We do want good greatest practices adopted in the manufacturing trade. We do want superior chemistry cells for stationary storage purposes to be manufactured in India.” says Shri Dinesh Jagdale, Joint Secretary, Ministry of New and Renewable Energy.

“India is poised for speedy deployment of BESS and pumped hydro to enrich the renewable vitality deployments as a part of the bold targets set by Hon’ble Prime Minister Shri Narendra Modi ji. With the Stationary Energy Storage India Council (SESI), the India Energy Storage Alliance is all able to work with a numerous set of insurance policies. Essentially the most thrilling half is that now we’re coming into into the execution a part of our plans.” mentioned Dr. Rahul Walawalkar, President, IESA.

For near a decade, IESA has been working with central and state authorities companies like CEA, CERC, Grid-India, SECI, and others to speed up the expansion of the vitality storage sector in India and to handle potential system integration challenges that will come up from the rising penetration of renewables in the vitality combine via its Stationary Energy Storage India Council (SESI) Council.

Addressing the necessity for an built-in coverage for storage programs, Shri Rajnath Ram, Adviser (Energy), NITI Aayog mentioned, “In the present day’s storage Infrastructure is able to storing vitality however we have to work out methods to retailer extra vitality as and when the demand and vitality technology will increase. Let’s think about that we’ve about 1800 gigawatt per hour vitality demand by 2047, then we have to develop on the vitality storage programs as effectively. We have to have a really built-in coverage for constructing the storage system inside the nation.”

“The rising penetration of renewables in the vitality combine additionally necessitates rising vitality storage capacity to handle system integration challenges arising from the variable nature of renewable vitality and supply-demand mismatch. It’s excessive time for us to now take a look at how can we convey in firmness, flat curves, and that further vitality which may in all probability be checked out because the tailwind at this time into the cupboard space.” mentioned, Debi Prasad Sprint, Government Director, IESA & Secretary, US-India Energy Storage Taskforce (ESTF) secretariat.

The Photo voltaic Energy Company of India Restricted (SECI) has just lately commissioned the most important grid-connected storage but in the nation which is a 100-megawatt SPV photo voltaic undertaking with 40 megawatt/120 megawatt-hour battery vitality storage system undertaking. The enabled capacity is round 152 megawatt-hours that’s in the Rajnandgaon district of Chhattisgarh. “Pricing is a significant factor in battery vitality storage and we’re estimating that the costs would fall for batteries near 140 {dollars} per KWH, however the estimations additionally say that the costs would additional cut back to 50 {dollars} per KWH which is the necessity of the hour.”, says Prashant Upadhyay, Senior Supervisor, SECI.

“Similar to the Photo voltaic Energy sector, we are actually wanting for vitality storage via the Built-in RE module and nonetheless we’re exploring the viability of that. To make this sector extra sustainable authorities, trade, and folks have to work collectively. Since banks at this time as effectively, don’t know the economics of this sector, in order that’s why a plan that integrates as a complete makes this sector extra viable and environment friendly.”, mentioned Mani Khurana, Senior Energy Specialist, The World Financial institution.

Organized below the esteemed Stationary Energy Storage India Council (SESI Council), key stakeholders from the stationary vitality sector from regulators and policymakers to trade leaders and specialists mentioned and collaborated on developments in the stationary vitality storage. Key members embody MNRE, MoP, MEITY, DST, CEA,   SECI, NTPC, GEAPP, World Financial Discussion board, Division of science & Know-how, World Financial institution, Good Sufficient Energy, SMA, Envision Energy, Ampyr Energy, DCM Container, Maestrotech System, GIZ, Authorities of Australia and others.

For extra info and registration, please go to convention web site – https://indiaesa.information/occasions/ongoing-upcoming-events/stationary-energy-storage-india-sesi-2024 

About India Energy Storage Alliance (IESA):

India Energy Storage Alliance (IESA) is a number one trade alliance centered on the event of superior vitality storage, e-mobility, inexperienced hydrogen, and rising applied sciences in India. Based in 2012, by Custom-made Energy Options (CES), IESA’s imaginative and prescient is to make India a world hub for R&D, manufacturing, and adoption of superior vitality storage, e-mobility, and inexperienced hydrogen applied sciences.

In the present day IESA is a proud community of 180+ member corporations, encompassing trade verticals from vitality storage, EV manufacturing, EV charging infrastructure, inexperienced hydrogen, microgrids, energy electronics, renewable vitality, analysis institutes and universities, and cleantech startups.

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