The big plans cooking for clean energy storage – EQ Mag Pro
The policy aims to achieve large-scale integration of renewable energy into the power system, as large storage facilities can help keep power grids stable since electricity is produced intermittently from clean energy sources such as solar and wind.
India may delicense building of standalone battery storage systems; allow their sale, lease or hire; and permit the sale of stored power through power-purchase agreements (PPAs) and over exchanges, as part of its upcoming policy on energy storage systems (ESS).
A discussion paper on the policy also said the government could waive power transmission fees to sell and purchase electricity from these storage facilities.
The policy aims to achieve large-scale integration of renewable energy into the power system, as large storage facilities can help keep power grids stable since electricity is produced intermittently from clean energy sources such as solar and wind. The idea is to store cheap green power during off-peak hours in battery storage or hydro pump storages, and release it for consumption when the electricity demand increases.
Source: livemint
