Energy Storage

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…

Case for proving battery storage viability for Tamil Nadu Viability assessment of Hybrid renewable Battery Storage Systems Report by Climate trends and JMK Research A new economic viability analysis reveals that renewable energy along with battery energy storage systems in Tamil Nadu is cost-competitive with new coal power plants. The report finds the levelized cost of energy for a hypothetical hybrid renewable battery storage system for the state to be Rs. 4.97/kWh in 2021, which falls to Rs. 3.4/kWh by…

Solar+Battery storage: Assessing the Viability in India At COP 21, the Paris Climate Conference 2015, India made a commitment that by the year 2030, India would increase the share of electricity generated from non-fossil fuels to about 40% of its total generation. To meet the commitment a major transformation is underway to replace thermal based generation with Renewable Energy (RE) complimented with energy storage technology. This shift would to be driven by the falling cost of solar panels and battery…