From ESS News
India’s Ministry of New and Renewable Energy (MNRE) may soon introduce new policies which will mandate the inclusion of battery storage in new solar and wind projects.
Speaking at the 21st edition of the Global MSME Business Summit organized by the Confederation of Indian Industry (CII), MNRE Secretary Prashant Kumar Singh said that the government is planning to introduce an initial requirement of 10% of a renewable energy plant’s capacity for storage, which may be increased over time.
The move is aimed at addressing the intermittency of the rapidly growing share of renewable energy in India’s electricity mix and ensuring an around-the-clock power supply.
According to Singh, recent tenders in India combining solar, wind and battery storage have shown competitive rates, outperforming coal-fired power plants.
“Now, with falling battery storage prices, it makes sense to move ahead and not to have any standalone solar or wind plants… depending on price trends, the mandate can go up to 30-40%,” said Singh, as reported by local media.
To continue reading, please visit our ESS News website.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
1 comment
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.