A new report discusses battery storage, green hydrogen, and flexible coal-fired power generation as key grid firming options for India as solar and wind are poised to form 51% of the nation’s total installed generation capacity by 2030.
With this, green hydrogen (hydrogen produced using renewable energy) would become cost-competitive with hydrogen from fossil fuels in certain industrial applications such as ammonia production for fertilizers.
The Energy and Resources Institute (TERI) has signed a Memorandum of Understanding (MoU) with the India arm of Norwegian energy company Greenstat to set up a Centre of Excellence for hydrogen in India and accelerate deployment of hydrogen technologies in the country.
Climate Policy Initiative and REConnect Energy have developed an innovative mechanism called Garuda to retire old, inefficient thermal plants with equivalent renewable capacity. The scheme proposes a blended tariff that would include the normal tariff for the new renewable energy plant plus the cost of decommissioning the old fossil fuel plant, while making the provision for green bonds to finance RE.
Heavy industry players Dalmia Cement (Bharat) and Hindalco are among the companies committed to enhancing energy efficiency, renewable energy, and circular economy across their member companies and supply chains. Other signatories included Siemens Energy India, Thermax, Shell Group of Companies India and Tata Consulting Engineers.
The system will use an innovative solar film developed by Power Roll that can be manufactured for just $0.03/Watt and deployed on a wide range of non-load bearing buildings, including agricultural and warehouse roofs.
The state-owned engineering firm will supply and set up a cumulative 410 kWh of battery energy storage systems in Delhi under UI-ASSIST (US-India Collaborative for Smart Distribution System with Storage) initiative of TERI.
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