Pumped Hydro Storage 2025
- India is on the path towards a clen energy transition, guided by Nationally Determined Contribution (NDC) targets, to reduce emission intensity of its Gross Domestic Product (GDP) by 45% by 2030, get to 50% of installed capacity of non-fossil fuel sources by 2030 and achieve net zero carbon emission by 2030. Given the ongoing energy transition in the country, the development of Pumped Storage Projects (PSPs) is of paramount importance for providing greater inertia and balancing the power to the grid as battery storage solutions are still being scaled up and are required for short duration storage needs in grid management, PSPs are a natural enabler for integrating greater amounts of wind and solar power. With its ability to store a large amount of energy, frequent starts/stops, and faster ramp-ups/ramp-downs, PSPs are ideally suited to address the dynamic supply and demand. PSPs can also be used for peaking operation and improve the reliability of the power system.
- Pumped Hydro Storage (PHS) is crucial for India's energy future as it addresses key challenges like renewable energy integration, grid stability, peak demand management, and energy security. By providing a cost-effective and reliable storage solution, PHS supports India’s transition to a cleaner, more sustainable energy system while contributing to its economic growth and environmental goals. The Pumped Storage Projects capacity additions are being supported by policy initiatives like the issuance of draft PSP guidelines, declaration of PSPs as renewable sources, waiver of interstate transmission charges, notification of energy storage obligation, and proposed viability gap funding support. However, challenges such as complicated and prolonged approval procedures need to be addressed to tap the potential within this critical segment.
- The need for Pumped Hydro Storage (PHS) in India is increasingly critical due to several factors related to the country's energy transition, grid management, and sustainability goals and the primary reasons why PHS is essential for India.
- Pumped Hydro Storage 2025 is scheduled on 12 - 13 June 2025 at The Lalit, New Delhi. This conference aims to bring together thought leaders, industry experts, policymakers, and stakeholders to drive discussions on the crucial role of pumped hydro storage in advancing grid level energy storage in the most environmentally sustainable manner. Those interested in developing and operating pumped hydro storage plants will get access to information on the various financial schemes, regulations, policies, successful project development, optimization, and overcoming challenges of pumped hydro storage.
- We at Mission Energy Foundation urge your participation in form of Delegate / Speaker / Sponsor for this important gathering to discuss the key developments, opportunities, experiences, challenges and future prospects in India’s pumped storage market. This conference will serve as a platform for policymakers, regulators, renewable energy developers, manufacturers and technology providers, EPC contractors, O&M service providers, financiers and consultants to share their insights and experiences in this emerging segment.
For further details visit the conference website https://missionenergy.org/phs25/ or contact our Helpline +91 9856098360 for any assistance