New delhi energy storage industry policy research

Why should India invest in energy storage systems?

6.11.1. India's surge in energy demand and rapid shift towards renewable energy sources offers opportunities for emerging Energy Storage System (ESS) technologies. Domestic innovation and manufacturing of ESS technologies can stimulate job creation, economic growth, and position India as a global leader in sustainable and low-carbon energy systems.

What is the demand for energy storage technologies?

With large scale intermittent renewable energy sources in the system, the demand for storage technologies increases from the current level to 2050. Batteries provide 2596 TWh, PHS provides 12 TWh and gas storage provides 197 TWh of electricity to the total electricity demand.

What is the policy framework for promotion of energy storage systems?

Existing Policy framework for promotion of Energy Storage Systems 5.1. Legal Status to ESS 5.1.1. The Electricity (Amendment) Rules, 2022 provide that the Energy Storage Systems shall be considered as a part of the power system, as defined under clause (50) of section 2 of the Act. 5.1.2.

Is there a regulatory framework for energy storage systems?

The absence of a regulatory framework for energy storage systems is one of the hindrances to its large-scale proliferation, as acknowledged by the Central Electricity Regulatory Commission (CERC) in 2018 in its staf paper on Introduction of Electricity Storage System in India (Figure 48).

Is energy storage an integral part of power systems planning?

There are multiple developments, compelling research, and policy interventions that have been undertaken by respective nodal agencies to assess the operational use cases of energy storage in Indian power systems, and consequently, it is being considered as an integral part of the power systems planning exercise.

Does energy storage technology need a regulatory push?

Energy storage technology may require an initial regulatory push in terms of directives from respective regulatory commissions to go for pilot projects and deliberation by Forum of Regulators to better manage induction of new storage technologies in the Indian power system.