New delhi energy storage industry planning scheme

How will India reshape the energy sector?

New Delhi: The Ministry of Power has released a detailed framework to reshape the nation's energy sector, with a particular focus on bolstering energy storage systems (ESS). The blueprint encompasses a spectrum of measures, from financial incentives to regulatory revisions, aimed at fostering the development of ESS.

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 revised scheme for flexibility in generation & scheduling of power stations?

Revised Scheme for Flexibility in Generation and Scheduling of Thermal/ Hydro Power Stations through bundling with Renewable Energy and Storage Power has been notified vide order dated 12th April 2022. Bidding Guidelines for Battery Energy Storage Systems (BESS) have been notified by MoP vide Resolution dated 10th March 2022.

Which initiatives have been taken to promote growth of energy storage technologies?

The following initiatives have been taken to promote growth of energy storage technologies: Legal status for Energy Storage Systems (ESS) has been issued by Ministry of Power (MoP) on 29th January 2022 wherein ESS has been designated as a Power System element which can be utilized as a Generator, Transmission or Distribution element.

How can the government support research and development in energy storage technologies?

To address the need for long-term research and development in energy storage technologies, collaboration between academia and industry will be necessary. The government may establish a Nodal Agency to coordinate R&D efforts in the field, and funding will be provided through this agency.

Can an ESS owner operate an independent energy storage system?

As per Section 7 of the Electricity Act, 2002, the independent energy storage system shall be a delicensed activity at par with a generating company. However, if an ESS owner wants to operate an independent energy storage system, they will need to register with the CEA and meet their safety requirements.