Energy Storage

The sixth international conference and exhibition on energy storage, electric vehicles and microgrids in India kicked off today in New Delhi. Innovation and Make in India were the central themes.

More flexible prices during peak periods would incentivize the use of energy during times of lower demand and reduce the burden on the grid, according to a report by IEEFA. Day-ahead market pricing would better incentivize variable generation to ‘kick in’ at times of peak demand.

With the announcement of a National Energy Storage Mission expected this month, 2019 is set to be a year of manufacturing and research and development opportunities in India’s storage sector

Having reflected on the year gone by, it is time to turn attention to the coming year. Many predictions may not fully, or even partially, bear the fruit they promise – and the unexpected is always lurking in the background – however they can be a useful indicator of certain pathways and growth areas. With this in mind, the pv magazine team has compiled a list of the top 14 solar PV and energy storage trends expected to characterize 2019. What do you think? Have we missed anything?

For India to achieve its 2030 dreams of fully electrifying its passenger vehicle market, and growing a leading manufacturing industry, its electric vehicle program must be accelerated. Meanwhile, if Intersolar India 2018 had to nominate the most-repeated word at the event, “storage” would win hands down.

Battery storage is racing even faster than the PV market did a few years ago. Costs are plummeting and new production lines are popping up all around the world. Smart people with smart ideas are leveraging venture capital and research funds. M&A activity is also accelerating with a new range of investors taking interest. But the technology battle is far from over, says Ragna Schmidt-Haupt, Partner at Energy Consultancy Everoze.

Sustainable development expert Auroville Consulting has launched the Solar Village Search Engine to help fund its Solar Village Initiative, which aims to power 100 villages in Tamil Nadu with solar by the year 2030.

Swiss battery maker that intends to bring production lines to Gujarat has been helped along in a planned reduction of its debt pile by its domestic authorities. The way is now clear for a shareholder vote next Tuesday.

A renewable energy system in 2050 is technically possible and economically viable for India, with the levelized cost of electricity falling from the current €58/MWh (Rs4,626) to €52 under one scenario in a recent report, and to €46 in another that included demand for power, water desalination and non-energy industrial gas sectors.

Historic Swiss brand Leclanché is on an expansionist trail, notably in India and low-carbon shipping, but restructuring its debts will involve ceding even more control of the venerable company to institutional investors.