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Energy storage system roadmap for India: 2019-2032

By: Contributor(s): Material type: TextTextPublication details: New Delhi India Smart Grid Forum 2020Description: 204pSubject(s): Online resources: Summary: Energy Storage System (ESS) is fast emerging as an essential part of the evolving clean energy systems of the 21st century. Energy storage represents a huge economic opportunity for India. Ambitious goals, concerted strategies, and a collaborative approach could help India meet its emission reduction targets while avoiding import dependency for battery packs and cells. This could help establish India as a hub for cutting-edge research and innovation, boost its manufacturing capabilities, create new jobs, and foster economic growth. India’s strengths in IT and manufacturing, its entrepreneurial and dynamic private sector, and its visionary public and private sector leadership will be key factors in realizing these ambitions. Creation of a conducive battery manufacturing ecosystem on fast track could cement India’s opportunity for radical economic and industrial transformation in a critical and fast-growing global market.
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Energy Storage System (ESS) is fast emerging as
an essential part of the evolving clean energy
systems of the 21st century. Energy storage
represents a huge economic opportunity for
India. Ambitious goals, concerted strategies,
and a collaborative approach could help India
meet its emission reduction targets while
avoiding import dependency for battery packs
and cells. This could help establish India as a hub
for cutting-edge research and innovation, boost
its manufacturing capabilities, create new jobs,
and foster economic growth. India’s strengths in
IT and manufacturing, its entrepreneurial and
dynamic private sector, and its visionary public
and private sector leadership will be key factors
in realizing these ambitions. Creation of a
conducive battery manufacturing ecosystem on
fast track could cement India’s opportunity for
radical economic and industrial transformation
in a critical and fast-growing global market.

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