Energy storage is central to India’s power system transformation – only with energy storage can the power system deliver the planned three-fold increase of its renewable power capacity between 2020 and 2030 and meet the expected increase in variability of power demand and supply.
We have developed this business guide to help companies enhance their strategies and action plans for energy storage investments and deployment. Focusing on the context of India, the guide highlights:
- How commercial and industrial companies, as well as distribution utilities, can make energy storage adoption commercially viable today and in the next 2-4 years
- Key actions to make efficient use of energy storage
- Major market drivers and the most suitable use cases, ownership models and contracting arrangements for energy storage adoption.