CALL FOR A SELF-RELIANT STORAGE ECOSYSTEM

Bharat is still in the early stages of scaling up battery storage capacity. Energy leaders envision a future where homegrown storage solutions secure 24×7 power, cut import dependence, and align innovation with sustainability, turning batteries into the backbone of the nation's green growth.

- 

When Prime Minister Narendra Modi announced the major breakthrough of achieving 50 per cent renewable energy capacity ahead of time, and the boost in nuclear energy and the semiconductor sector in the coming years, listening down from the lanes of Red Fort, the industrialists must have been amazed. The announcements have definitely energised all the stakeholders of the power industry in the country as well as abroad.

One notable thing in the current power scenario is the emergence of energy storage. Energy storage is the process of capturing energy when production exceeds demand and releasing it when needed. There are certain assets and technologies, such as batteries (lithium-ion, sodium-ion, flow batteries) and pumped hydro storage, which facilitate energy production. This particular arm of the energy sector provides backup power and manages peak demand, ensuring smooth renewable integration.

Industrialists and experts in the energy storage domain believe that this sector plays a critical role, especially in the power landscape of Bharat. The role is so significant that it is not possible to move ahead to achieve a 24x7 quality power supply for all in the country.

Let us explore the in-depth of the emerging energy storage sector. EPR will try to shed light on the uncovered domains of energy storage.

Current status of the energy storage sector

The rapid adoption of battery energy storage systems (BESS) hinges not only on technology and industry readiness but also on supportive policy frameworks and regulatory clarity. The large-scale deployment, especially across the commercial and industrial (C&I) segment, will be possible only if the government takes decisive steps.