How BESS Tenders Are Powering India''s Grid
Government-backed BESS tenders are making energy storage affordable, enabling grid stability and renewable integration across India.
Fortunately, a solution is emerging: battery energy storage systems (BESS). Global examples show BESS can address diverse grid challenges. Countries from China to Australia to the United Kingdom are building large-scale BESS to balance variable renewables generation and maintain resource adequacy.
1. Introduction Grid-scale energy storage has a crucial role to play in helping to integrate solar and wind resources into the power system, helping to ensure energy security along the road to decarbonization.
In scenarios where energy storage cannot receive revenue for capacity adequacy, overall investments in energy storage technologies fall by 22%. In the near term, pumped storage is a cost-effective solution at 6.9 crore/MW. Further reductions in this cost could result in delayed investment in battery storage.
SECI and NTPC are also actively issuing storage-linked tenders. For instance, SECI's 1000 MWh tender attracted bids from leading players like JSW Neo, Tata Power, and ReNew Power. BESS tenders are changing the energy storage development landscape in India by creating competition, developing transparency, and increasing investor confidence.
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