Energy Storage in India – Balancing Cost, Renewable Integration and Grid Stability

The 'Mercom India Renewables Summit 2024' will be held in New Delhi on July 25-26

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Affordable energy storage is the key to ensuring renewable energy is reliable and well integrated into the power mix.

Energy storage is crucial for maintaining a steady renewable energy supply, ensuring grid stability. Some long-duration storage technologies even provide synchronous inertia, which is vital for grid stability and consistent 24/7 clean energy.

Efficient storage systems help overcome the challenges posed by the intermittent nature of renewable energy, ensuring a reliable supply even when primary sources are inactive.

Despite government support, the Indian energy storage market has been slow to develop but has plenty of potential to grow. As of March 2024, India had only 219.1 MWh of battery energy storage system (BESS) capacity, according to Mercom India Research’s India’s Energy Storage Landscape report.

The ‘Mercom India Renewables Summit 2024,’ scheduled for July 25-26 in New Delhi, will address these critical issues. One of the key sessions, titled ‘Energy Storage – Enabling Stable Renewables and Resilient Grids,’ will be held on July 26, 2024.

The session will feature Shilpa Urhekar, CEO Solar EPC (India) at Gensol Engineering, Cyriac Loyola, Head of Application Engineering at SMA Solar India, Akash Kaushik, Co-Founder at GoodEnough Energy, and Sivakumar V Vepakomma, Chief General Manager at NTPC Green Energy.

Priya Sanjay, Managing Director, Mercom India, will moderate the session.

This panel will explore the technologies driving expansion, challenges of integrating energy storage, supply chain requirements, and demand drivers, providing valuable insights for attendees.

Mercom will also hold its fourth annual Mercom India Awards at the Summit, recognizing the exceptional achievement and technological innovations by companies contributing to India’s clean energy industry.

The event will also feature the second edition of the Startup Pitch Competition, which will provide the stage for Indian entrepreneurs and companies to present their innovative cleantech ideas or technologies in early-stage development.

Register now to attend this pivotal event and be part of shaping the future of India’s renewable energy landscape.

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