India solar thermal storage cost standard

Should energy storage be regulated in India?

India's existing regulations present a useful framework for enabling energy storage deployment; however, current regulations that explicitly restrict storage from providing services or earning revenue for those services present a barrier to maximizing the cost-effective value of storage investments.

How often should energy storage be used in India?

To maximize this opportunity, the appropriate storage technology would require daily or twice-daily cycling with up to 4 hours of discharge capability. India's energy policy framework largely excludes energy storage from key programs and initiatives.

Does solar energy storage provide heat for CSP systems?

CSP systems are subject to periodic timeliness of solar energy as well as variation in solar radiation intensity during cloudy and rainy weather. Thermal energy storage (TES) can provide heat for CSP systems when the solar radiation is insuficient.

Why is energy storage important in India?

The technical system characteristics of the Indian power system are favorable for energy storage to reduce operating cost and improve system reliability. Storage can provide energy arbitrage, ancillary services, and potentially defer transmission investments, but existing policy and regulatory barriers may limit these opportunities.

What is the solar potential of India?

The National Institute of Solar Energy (NISE), an autonomous institute under Ministry of New & Renewable Energy, Government of India has estimated the total solar potential of India of about 750 GW.35 Among the various renewable energy resources, solar energy potential is the highest in the country.

Does India's energy policy framework exclude energy storage?

India's energy policy framework largely excludes energy storage from key programs and initiatives. The lack of policy guidelines and supporting programs to direct the scope and scale of energy storage deployment present a barrier for investments.