Research shows that by 2030, India will deploy 38GW battery energy storage projects

　　A study jointly conducted by Finnish power group Wärtsilä and consulting firm KPMG shows that in order to efficiently integrate 450GW of renewable energy by 2030, India needs to deploy 38GW battery energy storage systems to increase supply-side flexibility.

　　The report points out that ancillary services need to be used to strengthen the design and structure of the current electricity market to effectively manage the imbalances in the power grids of various Indian states. The adoption of a market economy dispatch (MBED) mechanism to promote grid balance will encourage the market to invest in flexible resources for grid balance management.

　　Research shows that by 2030, India needs to deploy a battery energy storage system with a continuous discharge time of 38GW of 4 hours to integrate a total installed capacity of 450GW of renewable energy.

　　The Indian power system will not require new coal-fired power plants to be commissioned outside the scope of meeting the peak demand of 340GW. The Indian power grid can use natural gas power plants and battery energy storage systems to meet flexibility requirements. By 2030, India will need to deploy a battery energy storage system with a continuous discharge time of 38GW of 4 hours and a 9GW thermal balance power project to cost-effectively and reliably integrate 450GW of renewable energy.

　　From now to 2030, it is necessary to continuously increase the deployment of wind power generation facilities and solar power generation facilities with a total installed capacity of 35GW each year. At the same time ensure the resilience of the grid.

　　Managing India’s power system is becoming more and more complex as more distributed renewable energy sources are included in the portfolio. In order to cope with this complexity, power system operators need greater operational flexibility to provide services to the load. In order to keep the grid stable, this will increase the demand for ancillary services.

　　Studies have shown that even in 2021, 1GW natural gas power plants and 500MW/2GWh battery energy storage systems need to be added to the Indian power market, which can optimize the scheduling of existing power plants to improve efficiency and reduce operating and maintenance costs.

　　The survey shows that by increasing the deployment of battery energy storage systems and natural gas power plants, India’s Gujarat, Tamil Nadu, and Rajasthan states can save at least 32 million rupees (approximately US$428,810) to 70 million rupees (approximately) per day. 938,022 USD).

　　In India, ancillary services have traditionally been provided by thermal power plants. However, Indian policymakers and stakeholders now recognize that the energy and ancillary services market needs to be reformed to cope with changing resource mix and load conditions.

　　The Ministry of Electricity of India has proposed a new market economy dispatch (MBED) mechanism to reduce electricity costs for power distribution companies and consumers. The mechanism is also expected to strengthen the integration of renewable energy and raise the balance of the region from the state to the national level, so as to make full use of renewable energy.

　　Lithium-ion battery (LIB) has become the main energy storage solution in modern social life. Among them, lithium iron phosphate batteries are a perfect replacement for lead-acid batteries, and they are the first choice for grid-connected peak shaving, off-grid energy storage, photovoltaic energy storage, UPS, data center and other industries.

　　Solar power generation system with lithium battery energy storage system is a very promising clean energy.