Energy Storage

The Standalone Energy Storage Market in India Standalone ESS account for 64% of utility-scale tendering activity in Q12025 Date of release: April 2025 Report by JMK Research and IEEFA India’s ambitious clean energy transition demands a parallel development in energy storage market, with Standalone Energy Storage Systems (Standalone ESS) emerging as a key enabler.As the country rapidly scales up variable renewable energy (VRE), Standalone ESS offers a dispatchable solution to address the intermittency of renewables, support grid stability, and optimise energy usage. Unlike…

Energy Storage: Connecting India to Clean Power on Demand Storage Systems key to a smarter national power grid, dispatching renewable energy where and when needed Report by IEEFA and JMK Research Globally, power systems are undergoing a pivotal phase of development. The exponential surge in renewable energy installations in India within the past decade has exposed the grid infrastructure to increased risks arising from the variable nature of renewable energy, especially from solar and wind. This variability has underscored the…

Evolution of Grid-Scale Energy Storage System Tenders in India Focus on NTPC and SECI Standalone Storage Tenders Report by IEEFA and JMK Research July 2022 Two standalone battery energy storage system (ESS) tenders by the Solar Energy Corporation of India (SECI) and NTPC will augment the country’s energy storage capacity by 1 gigawatt (GW)/4 gigawatt-hours (GWh) and create further opportunities in the Indian ESS market, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK…

Understanding Round-the-Clock Tenders in India The Current Context and Ways Forward Report by IEEFA and JMK Research November 2021 India has been witnessing strong growth in renewable energy (RE) in terms of new power generation capacity addition in recent years. In August 2021, the nation surpassed the landmark of 100 gigawatts (GW) of installed renewable energy capacity. However, the penetration of RE in the overall electricity supply remains low. The main challenge of variable renewable energy (VRE), specifically solar and…