ETN_IESAMagazine_Volume2Issue2_2015 (1)
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EIDITORS<br />
DESK<br />
Energy Storage: Enabling a<br />
decade of sustainable energy<br />
transformation in India<br />
00<br />
With the recent announcement from Ministry<br />
of New and Renewable Energy (MNRE) about<br />
Expression of Interest for Energy Storage<br />
projects to support renewable integration,<br />
there is tremendous excitement about India’s<br />
proposed Energy Storage Mission. India has<br />
witnessed number of transformations in past<br />
50 years starting with the Green Revolution<br />
of 1960s that transformed the agricultural<br />
practices in India. In 1970s and 80s, the “White<br />
Revolution - Operation Flood” included the<br />
world’s biggest dairy development program<br />
<br />
nation to the largest milk producer in the<br />
world within a span of 30 years. The 1990s<br />
saw the economic reforms that opened up the<br />
Indian economy and led to the telecom and<br />
IT revolutions that have made India a leader<br />
in the knowledge economy in the 2000s. This<br />
is a decade where India needs a clean energy<br />
revolution for transforming the electricity<br />
infrastructure to provide energy access to<br />
over 400 million of households that still lack<br />
basic access to electricity.<br />
Today, India is one of the fastest growing<br />
economies in the world, with current electricity<br />
peak load of ~150 GW to meet the needs of<br />
over 1.25 Billion population. India’s per capita<br />
annual consumption of energy at ~800 kWh<br />
is one of the lowest in the world, even when<br />
compared to developing countries like Brazil<br />
and China. At the same time India currently<br />
boasts a middle class population exceeding<br />
300 Million (almost the size of USA) that is<br />
looking for the same level of energy access<br />
and power quality that is taken for granted<br />
in developed countries through movement<br />
towards Smart Cities. Also the lack of reliable<br />
and quality power supply is a major obstacle<br />
for accelerating development of manufacturing<br />
sector in India under Indian Government’s<br />
Make in India initiative. Consumers bear<br />
a large burden due to poor quality and<br />
3