About the report: IESA Energy Storage Vision 2030 report which emphasizes the importance of energy storage target-setting for India along with other key areas like policy and regulatory intervention required at the Central and the State level, manufacturing, skill development, research & development, and potential barriers that require preparedness and focus from the Centre and the States. IESA has been conducting meticulous research in the field of energy storage and policy analysis for the past decade and has been a member of various committees including, large-scale renewable integration taskforce (2013- 15), the standing committee on energy storage to develop National Energy Storage Roadmap (2014-16), Expert Committee to draft National Energy Storage Mission (2017-18), Central Advisory Committee of CERC, drafting committee on “Comprehensive Energy Storage Policy” among others. Report launch at India Energy Storage Week (IESW) 2022.  From L- to R:- Stephen Fernands, President, Customized Energy Solutions; Achal Sondhi, VP - Growth, APAC, Fluence; Yashwanth Mahadevan, Sales Leader, Eos Energy; Debi Prasad Dash, Executive Director, IESA; Shri. Ghanshyam Prasad, Joint Secretary, Ministry of Power, Govt. of India; Shri Dinesh Jagdale, Joint Secretary, Ministry of New and Renewable Energy, Govt. of India; Bindu Madhavi, Director, Regulatory & Policy, IESA and Dr Rahul Walawalkar, President, IESA, MD, CES (India) Highlights from the Report The vision document has highlighted the requirement for setting up of storage targets in India with a clear focus on application sector, and policy and regulatory interventions required at the Center and the State level. Along with it, this document has also identified potential barriers towards active ESS adoption in India, the framework required based on target projections and incentives, and the support required from the Central and the State governments. For accuracy in providing the data, prediction and analysis, IESA had organized series of round table discussions with Central and State Governments, regulators, think tanks etc Key Objective of the study is to highlight the following Vision towards storage to achieve the country’s RE targets by 2030 and setting a target/goal/mandate for energy storage for year 2030 Incentives and support from government authorities Focus on a pipeline of projects for the next few years. In many cases, actual storage deployment was even higher than the earlier set targets This study indicates a projected storage capacity requirement of 160 GWh, considering energy storage system (ESS) application of grid-scale storage (also referred  to as front-of-the-meter) applications, renewable energy integration, distribution utility installation, ancillary services, and transmission investment deferral (Green Energy Corridor only). However, this projection does not include transmission planning, inverter, UPS, telecom, residential behind-the-meter applications To seize the huge opportunities offered by the energy storage sector, the immediate steps that are required toward the effective adoption of energy storage technologies are identified and highlighted It also covered  the areas that need to be examined to support Indian RE targets as well as clean energy transition To achieve the targets, it is required to define calculations of storage purchase obligations in terms of percentage requirement for particular RE capacity. This report also reflects key pillar strategies bound to play a major role in shaping regulations and utilizing energy storage at full potential Merely considering the current ACC battery manufacturing plans of 50 GWh, IESA estimates that the program shall generate a minimum of 5 lakh employment opportunities, which includes 10,000-25,000 Merely considering the current ACC battery manufacturing plans of 50 GWh, IESA estimates that the program shall generate a minimum of 5 lakh employment opportunities, which includes 10,000-25,000  

The EV Market in India has been witnessing one of the fastest recoveries in 2021 from the pandemic induced slowdown in 2020. In 2021 the annual sales of EVs in India reached 4,67,000+ units.

The Stationary storage market in India is presently driven by behind-the-meter (BTM) installations. The annual installation of BTM batteries crossed over 33GWh in 2021. Key Trends in the market: BTM Storage market is driven by the power reliability issues faced by the electricity consumers in the country. The majority of the battery applications here are for power backup eg: inverters, UPS, Telecom towers, Diesel optimization, etc The impact of central or state policies has a low to moderate impact in this market. Present policies on rooftop solar, net metering, Electricity rule amendment of 24x7 provision of power to the customer is expected to have a positive impact on the battery market growth from the BTM segment. Lithium-ion battery penetration is highest in Telecom sector (up to 20%) and UPS (~5% ) segments.  With the dropping LiB prices in the forecast period, more segments such as rooftop solar, railways, inverters are also expected to become key applications by 2030. Local Lithium battery assemblers capacity in India is around 5+GWh. This contains both EV and stationary pack suppliers. There are over 30+ notable pack assemblers across Gurgaon, Noida, Gujarat, Maharashtra, Delhi, Himachal Pradesh, Tamil Nadu, and Telangana. What is covered in the report? Annual energy storage market demand (GWh) in BTM and railway segment and how it has changed from 2019 to 2021. Market forecast (GWh) by applications till 2030- rooftop solar+storage, hybrid-DG set (DG set with energy storage), telecom tower back up, inverter battery backup, UPS battery backup, energy storage for rural electrification, railway application. Techno-commercial viability analysis of using lithium batteries in this application. Key players and their market shares in lead-acid battery market for BTM application Key players in the lithium-ion and other advanced chemistry battery market for BTM applications. Price -trend of Lithium-ion battery packs till 2030.

India’s Front of the meter(FTM) energy storage market is forecasted to grow at 119% during 2020 to 2030 to hit 20GWh annual addition in 2030.  The market will be driven by the massive renewable energy integration  target of 450GW into the grid by 2030, and distribution utility side installations. Presently, the total installed BESS is around 20MWh, and there are several ESS projects of 360MW which is under tendering or construction phase. In the distribution utility side, the use cases of BESS are many- frequency regulation, peak power management, deviation settlement penalty mitigation, grid deferment are few of them. Due to clear indication of benefits of integrating BESS, several discoms have already initiated BESS projects for integration with distribution grid- e.g., BRPL, BYPL, Tatapower, Tangedco, CESC. Challenges High capex involved in installation of BESS, lack of clarity in renewable+storage tenders, not clear understanding about business case are few factors which deter the market growth in the short term. However, with the government ACC manufacturing programme to incentivize advance chemistry cell manufacturing in the country, the battery cell prices are expected to be in be competitive with the global market, also lithium-ion battery (LFP) battery pack prices are forecasted to drop to $70/kWh by 2030. What is covered ? CES’ FTM Energy Storage Market report covers in detail the most relevant various applications for advance energy storage technologies in India presently, and till 2030. These are a) renewable integration  b) Ancillary services c) Distribution utility side ESS. Based on production cost modelling of renewable rich states, the requirement of BESS for meeting the respective state renewable targets was analyzed. This data was utilized to forecast the energy storage for renewable energy requirement by state across three scenarios and projected at Country-level. The FTM market is a policy driven market hence the report does a deep-dive into central level policies and regulation as well a state-wise policy analysis. All state with a renewable or storage policy is covered in detail in the report. Case studies: the report covers case studies of existing BESS projects, latest renewable+ storage tender analysis and global projects in the FTM space to analysis the feasibility of the projects and its benefits to the grid. The present stakeholder list across the value chain is also detailed in the report. Policy recommendations, and market recommendations are also covered in the report. Who are key customers? Renewable energy companies planning to enter storage space Global and local companies planning to bid for ACC who wants to estimate stationary market potential Battery companies, System integrators, discoms All companies who licensed ISROs Lithium battery technology (e.g., BHEL who has announced that they are bidding for ACC)   

These are monthly reports and bring you distilled, accurate, and timely information supplemented with in-depth analysis. These reports bring the following insights at your fingertips: Executive Summary of the Month Central/State Regulatory Updates Tender Updates EV sales Summary Market Updates Battery Raw Material Prices New Product Launches Lithium-ion Import and Export Prices IEX Prices Important Upcoming Meetings CES Expert Analysis Stay ahead of the curve with CES reports Access Key Market Intelligence with Monthly Updates In-depth Coverage of Central and State Regulatory Announcements Expert Analysis of Key Policy Developments Recommendations backed by CES’ deep understanding of Energy Storage and EV sector Cost-effective services that saves clients labor, time, and travel costs. TOC: 

EV IQ provides monthly updates of Electric Vehicles and Manufacturing sectors. These reports cover Policy & Regulatory announcements by Central and State Governments, Tender updates, upcoming meeting dates, EV sales summary, new product launches, prevailing news updates are covered in this report. These are monthly reports and bring you distilled, accurate, and timely information supplemented with in-depth analysis.

These are monthly reports and bring you distilled, accurate, and timely information supplemented with in-depth analysis. These reports bring the following insights at your fingertips: Executive Summary of the Month Central/State Regulatory Updates Tender Updates Market Updates Battery Raw Material Prices New Product Launches Lithium-ion Import and Export Prices IEX Prices Important Upcoming Meetings CES Expert Analysis Stay ahead of the curve with CES reports: Access Key Market Intelligence with Monthly Updates In-depth Coverage of Central and State Regulatory Announcements Expert Analysis of Key Policy Developments Recommendations backed by CES’ deep understanding of Energy Storage and EV sector Cost-effective services that saves clients labor, time, and travel costs.TOC:

These are monthly reports and bring you distilled, accurate, and timely information supplemented with in-depth analysis. These reports bring the following insights at your fingertips: Executive Summary of the Month Central/State Regulatory Updates Tender Updates Market Updates Battery Raw Material Prices New Product Launches Lithium-ion Import and Export Prices IEX Prices Important Upcoming Meetings CES Expert Analysis Stay ahead of the curve with CES reports: Access Key Market Intelligence with Monthly Updates In-depth Coverage of Central and State Regulatory Announcements Expert Analysis of Key Policy Developments Recommendations backed by CES’ deep understanding of Energy Storage and EV sector Cost-effective services that saves clients labor, time, and travel costs.TOC:

In this report, we cover some of the technologies which are of interest for stationary storage applications- such as pumped hydro storage, thermal energy storage mechanical energy storage technologies . These applications can range from domestic energy backup systems to large grid scale energy storage. We wish that through this report we are able to provide specific and to-the-point information to a wide range of audience who are interested in learning about these new technologies. The review is prepared keeping in mind that the readers may be from very different backgrounds and we hope that the concepts and information presented will help all decisions makers from industry as well as from the government. Contents Motivation and Objectives of this Technology Review Executive Summary Classification of Applications for Stationary Storage Renewable energy backup (short and long duration) Microgrids (urban and rural) UPS systems and critical loads Application specific requirements of Energy Storage Pumped Storage Hydro (PSH) Key system related terminology Design aspects of systems and effect on efficiency Global installations and Technological improvements Thermal Storage Classification of technologies: Sensible, latent and chemical Key design aspects of systems and working principle Comparison of storage mediums and application Expected technological improvement in 5 10 years Liquid Air Energy Storage (LAES) Mechanical Energy Storage Systems Gravity storage technologies Flywheels System operating principle, design and performance

In this report, we cover some of the technologies which are of interest for stationary storage applications- such as Lithium ion batteries, advanced lead acid batteries, super capacitors. These applications can range from domestic energy backup systems to large grid scale energy storage. We wish that through this report we are able to provide specific and to-the-point information to a wide range of audience who are interested in learning about these new technologies. The review is prepared keeping in mind that the readers may be from very different backgrounds and we hope that the concepts and information presented will help all decisions makers from industry as well as from the government. Contents Motivation and Objectives of this Technology Review Executive Summary Classification of Applications for Stationary Storage Renewable energy backup (short and long duration) Microgrids (urban and rural) UPS systems and critical loads Application specific requirements of Energy Storage Li ion Batteries System size flexibility: Domestic storage and grid scale storage Existing and next generation chemistries Global installations on grid scale and use cases Existing and next generation chemistries Cell form factors, advantages and challenges Advanced Lead Acid Batteries Key design and materials improvements over existing lead acid batteries Performance improvements and expected developments in 3- 5 years Supercapacitors Working principle and classification of technologies: AC, hybrid and LiC System variations and performance characteristics Existing and emerging applications of supercapacitors

IESA's second edition on India's EV market report captures the present market scenario and also major projections and enablers going forward

The 6th Edition of IESA Stationary Energy Storage Market Overview Report deep dives into all such stationary storage applications 

In the current report which is the 2nd in this series of reports, we cover all the electrochemical technologies (except Li-ion and Advanced lead acid) which are of interest for stationary storage applications. These applications can range from small home backup systems to large grid storage installations for frequency regulation, industrial UPS systems and long duration storage of renewable energy. We wish that through this report we

The world is undergoing an immense transition in one of the most key aspects governing our lives.

IESA's first edition on India's EV market report captures the present market scenario and also major projections and enablers going forward