market outlook for energy storage in india
TRANSCRIPT
Energy Storage Advisory ServicesGENSOL CONSULTANTS PVT. LTD.
• Highintermittencyofrenewableenergymakeitdifficult toforecastandschedulefordispatches,
• Constrainedtransmissionanddistribution capacity• Largeunmetenergydemand• Lowenergyaccessinruralareas
Government of India has set up aggressive renewable energy(RE) capacity addition target of 175 GW by 2022.
India’s Renewable Energy Target
Most effective solutions for addressing these challenges are the use of energystorage technologies (ESS) on both the supply and demand side of thewholesale generationmarket.
60.9%
14.7%
13.4%
8.4% 2% 0.3%
AllIndiaInstalledCapacity=288GW(Ason18thFeb2016)
Coal Hydro Renewable Gas Nuclear Oil
47%
11%
33%
6% 2% 0%
ProjectedAllIndiaInstalledCapacity=535GW(Projection2022)
Coal Hydro Renewable Gas Nuclear Oil
Coal :175.2GWGas :24.5GWOil :0.9GWHydro :42.6GWNuclear :5.7GWRenewable :38.8GW
Coal :251GWGas :34GWOil :2GWHydro :61GWNuclear :12GWRenewable :175GW
India’s Renewable Energy Target
13.4%33.0%
AmbitiousRenewableEnergytargetstobeachievedby2022.
India’s Market Demand of Energy Storage System
Gridstabilization
Marketdemand&pricearbitrage
Reductionincarbonemissions
Improvedtransmissioncapacityutilization&
efficiency.
RenewableIntegration
FrequencyRegulation
With launch of Smart Grids and Electric Vehicles missions, and new programs for on-sitesolar energy and rural micro-grids, energy storage has become a crucial component ofenergy strategy for India.
India’s ESS Estimated Market Potential 2020
Source:IndiaEnergyStorageOverviewReportbyIndiaEnergyStorageAlliance
Indian policy makers are keen on encouraging energy storage technologies given the challenges faced and areworking on National Energy Storage Mission (NESM).
India’s Existing Legal & Policy Framework Governing ESS
Govt. of India has released Net Metering Policy which gives consumer aprovision to install Rooftop PV at their premises. Most systems will involveinverters with batteries. So far, around 14 States have released net meteringpolicies.
Government of India has already set aggressive targets of 175 GW of renewableenergy with 100 GW coming from solar, 60 GW by wind, 10 GW by biomass and5 GW by small hydro. Integration of renewable energy will require energystorage technologies to achieveRenewable Energy Targets.
Ministry of Power has approved National Smart Grid Mission (NSGM) whichhas set aggressive targets for Microgrids which will require energy storagetechnologies.
The Govt. of India has launched Nation Electric Mobility Mission (NEMM) inApril 2015 with a target of 6-7 million Electric Vehicles by 2022
Levelized Demand of ESS in Indian Market
Level1(OnlyBattery
Techn.)
• LowcostandefficientbatterytechnologiesareexpectedtoruleIndianmorecommercialization,enoughadoptionofbatterystorage..TotalgridconnectedstorageinIndiawillbe 8GWby2022.
Level2(V2Gtechn.)
•V2G (Vehicle to Grid) technologies will be maturing to offer storage solutions as large fleet of connectedEV’s (Electrical Vehicle’s) will operate in VPP (Virtual Power Plant) mode. Total grid connected storage inIndia will be 20 GW by 2022.
Level3(CAES&other techn)
• Partnership between India and other countries for smart grids brings out more low cost batteries withhigher performance parameters. Wind farms uses CAES (compresses air energy storage), solar paneluses molten salt batteries, telecom sector will also take a lead in replacing their diesel generators withhybrid solution. Total grid connected storage in India will be 25 GWby 2022.
Level4(Smartgridroadmap)
•As per India’s Smart Grid roadmap, micro grids will be implemented in 10,000 villages and 100 smartcities till 2027, batteries will play a major role in these deployment. Wind mills will be integrated withhydro pump storage systems to operate them. Total grid connected storage in India will be 40 GW by2022.
The main driving force for grid connected storage systems in the Indian power sector,is the increasing share of renewable energy which require storage to handle thesupply variability. A hybrid solution of storage and renewable can help India insolving the problem.
Levelized Demand of ESS in Indian Market
Source:http://indiaenergy.gov.in/supply_storage.php
Current Projects targeting Indian Market
10-megawatt grid battery project announced between AES Energy Storage and Panasonic. Eco-friendly techno-park is setting up in Haryana, India by AES energy storage.
Power Grid invited bids for ESS demonstration projects for 500 kW/250 kWh (Li ion battery, SodiumNickel chloride/Alkaline/flow battery.
MNRE proposed to support demonstration projects for ESS to assess feasibility of ESS technologiesfor small scale and grid connected MW scale renewable energy applications.
Auto-components manufacturerMinda IndustrieswillpartnerPanasonicformanufacturingofautomotivebatteriesinIndiawithplannedinvestmentofRs700- 800crores(USD120-130millions)
SolarEnergyCorporationofIndia's published 100megawattsofstoragecapacitytobolsteritsplanned750MWsolarparkatAnanthapuramu inAndhraPradesh.
GeneralElectric empanelledIL&FStoexaminethefeasibilityofintegratedwind,solarandenergystorageprojectsatsitesinAndhraPradeshandGujarat.
FewFacts:
• 110+TrainedTeam- allGraduatesandPostGraduatesin
EnergyandEnvironment
• 2500MW+SolarPowerProjectsunderadvisory
• 7MW+SolarRooftopProjectsunderExecution
• Recipientofmultiple awardsincludingBusiness WorldHottest
YoungEntrepreneurandEconomicTimesPowerofIdeas.
QuotedIn:
BusinessDailies:Business Standard|EconomicTimesBusiness
Magazines:Business India|ForbesIndia
IndustryJournals: PowerLine|Energetica|EQInternational
EmpanelledWith:
MinistryofNew&RenewableEnergy
ANERT,Kerala(10,000 solarrooftops program)
CentralBankofIndia,PTCProjectFinancialServices,
L&TInfraFinance&OtherBanks
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