In a significant development, the Ministry of Power has implemented key amendments to the Guidelines for Renewable Energy Bidding, marking a strategic shift in the competitive bidding process for grid-connected renewable energy power projects with energy storage systems.

India’s policymakers have recognised the importance of energy storage systems (ESS) to the country’s evolving power landscape and have already awarded more than 8 gigawatts (GW) of such tenders, allocating 60% of these in 2023 alone, according to this new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK R

This report specifically focuses on battery energy storage in decentralized off-grid mini grids located in remote areas.

As India switches away from a coal-based to a more sustainable energy use pattern, which pathway will it adopt? What is the nature of challenges that it will face, and who will be affected? Who will gain?

The Ministry of Power (MoP) has issued national framework aimed at promoting energy storage systems (ESS). The key objectives of the framework are to ensure a constant supply of renewable energy, reduce emissions, and lower energy costs by incentivising ESS deployment while reducing the reliance on fossil fuel power plants.

This paper explores how the EU can enhance its policy for a low-carbon future by learning from successful energy storage approaches in California, South Korea, and Australia. The EU’s decarbonisation goals will involve transformative change, and front and centre of this shift will be the bloc’s most polluting sector: electricity generation.

While India has been adding renewable energy capacity at a fast pace, this new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds that to meet its emissions intensity reduction target for 2030, the country needs to ramp up the share of clean energy in its power system.

The Ministry of Power has recently released a notification on June 30, 2023, introducing additional amendments to the Electricity Rules, 2005. Prior to the first amendment, a power plant could qualify as a captive generating plant if the captive user held at least twenty-six percent ownership.

Ministry of Power has notified Guidelines for Tariff Based Competitive Bidding Process for Procurement of Firm and Dispatchable Power from Grid Connected Renewable Energy Power Projects with Energy Storage Systems. These guidelines were notified on 9th June, 2023.

South Africa has an electricity crisis where national supply is often unable to meet demand, leading to regular, planned power cuts. This report aims to explain how energy storage can provide a wide range of benefits to a constrained power system, and why grid-located batteries emerge as a strategic priority in the short term.

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