2017-06-08
Knowledge Papers

Knowledge Papers

IESA Knowledge Paper On Energy Storage forElectric Vehicles in India

The global EV market is rapidly gaining momentum towards the target set by Electric Vehicle initiative (EVI) of global deployment of 20 million electric vehicles by 2020. Since 2014, the sale of EV’s have more than the doubled. In the year 2015, we had seen the electric cars cross the global threshold of 1 million electric cars on the roads. The market share of electric cars rose above 1% in seven countries in 2015: Norway, Netherlands, Sweden, Denmark, France, China and United Kingdom. The United States was overtaken by China as the largest market for electric cars in 2015 with over 200,000 new registrations. Read More...

IESA Knowledge Paper On India Lead Acid Battery Recycling Scenario (Market and Regulatory Overview)

On the basis of growth potential for the various sectors, IESA estimates total market for lead acid batteries for India will be between USD $10 billion to USD $11 billion by 2022 (at today's prices). An average growth of 10-12 % per annum with 7-9% growth for automobile, inverter UPS, Telecom and Traction and 20-25% for solar and other new thrust areas is predicted. Read More...

IESA Knowledge Paper On India Lead Acid Battery Market 2016 – 2020 (Stationary and Motive Applications)

IESA estimates the overall market size for lead acid battery in India at around INR 27,000 Crore (USD 4.2 billion) in 2015-16. Out of this, the share of batteries in stationary and motive application is around INR 12,650 crore (USD 1.9 billion). Stationary and motive applications are poised for a major growth going forward and IESA forecasts the market size at around INR 24,900 crore (USD 4 billion) by 2020 representing a CAGR of 13% in the next 5 year period. Read More...

IESA Knowledge Paper On Energy Storage for Grid Applications in India

India’s national grid is currently 5th largest in the world and to maintain grid stability and power quality is a herculean task for the system. Managing variability of electricity load has been a difficult proposition for the grid operators in India to respond quickly to fluctuations in the power demand & supply. Apart from this, rise in the solar & wind power, which now consist of over 13% of the generation mix in India, has led to increased variability on the generation side. The cumulative Renewable Energy based capacity addition target set by MNRE till year 2022 is 175GW of which solar power target is 100GW (MNRE). Read More...