Energy Storage Application & Technology Trends for 21st Century Electric Grid Dr. Rahul Walawalkar Executive Director, India Energy Storage Alliance 21st Century Electric Grid President & MD, Customized Energy Solutions (India) Role of Energy Storage in 21st Century Grid Renewables in India: Solar and Wind • Currently installed total solar PV generation capacity is 5 GW • Most regions of India have an abundance of source of solar energy • Target for 2022 is 100 GW which implies almost 30X of the currently installed capacity Solar Generation Capacity Wind Generation Capacity • Currently installed total wind generation capacity is ~27GW • Western and southern regions of India include 90% installed capacity • Target for 2022 is 60 GW which implies almost tripling of the currently installed capacity Renewable integration: Opportunity for smoothing and shifting Forecasting Errors Electric Vehicles • Government of India had launched the National Electric Mobility Mission Plan 2020 in 2013, to achieve national fuel security by promoting electric and hybrid electric vehicles. • In 2015, the Indian government launched Faster Adoption and Manufacturing of Electric Vehicle (FAME) scheme under which the government has set aside $12 million subsidy to provide discounts on purchase of electric vehicles in 2015-16. • Electric 2/3 wheeler and fleet vehicle market is expected to grow at a tremendous rate • Requirements for charging infrastructure, smart meters and testing are likely to gain importance Type Units in millions Electric Two Wheeler 3.5-5 BEV (3W, 4W, Bus, LCV) 0.2-0.4 HEV (4W, Bus, LCV) 1.3-1.4 Total 5-7 Due to the government motivation and incentives the Indian EV marked is poised for immense growth over the next 5 years. Technological innovations in EV technology and charging infrastructure will have immense growth potential. Need for Ancillary Services for 21st century Power Quality • Consumers have no ability to resolve the grid frequency on their own. In a synchronized grid this has to be managed by grid operators. • India can address a significant part of the frequency issues by allocation of 1.44.6 GW of flexible resources hydro, gas based generation and EES. IESA is leading efforts for promotion of the ancillary services market by actively engaging policy makers, central electricity authority and other key stakeholders. Last year IESA released a report outlining the roadmap for adoption of EES for grid frequency regulation. Microgrid Initiative for Campus & Rural Opportunities (MICRO) Energy Storage Ecosystem : 2015 Capacitors Thermal storage Fuel Cells 8 Technology Selection 9 Global Manufacturing Scale & Make in India • LEAD ACID battery leads the energy storage market in production and sales • LITHIUM ION batteries are currently being manufactured in the GW scale (portable, transportation and grid storage) • FLOW BATTERIES are currently being manufactured on a MW scale. Production may scale up significantly in the next 5 years • THERMAL STORAGE TECHNOLOGIES are seeing fastest growth due to applications such as air conditioning and cold storage India has the potential to become global hub for advanced energy storage manufacturing in coming decade through innovation & technology partnerships 10 Storage Cost vs. Cycle Life Comparison Lead Acid batteries are work horse for the industrial and residential backup and provide lower capital cost solutions , while Li-Ion & Flow batteries are emerging as solutions for applications requiring higher cycle life. ENERGY STORAGE performance metrics: • Capital cost ($/kWh) • Cycle life • Roundtrip Energy Efficiency • Space footprint • C-rate (duration) • Usable SOC range 11 IESA analysis predicts that levalized cost of storage can drop from ~Rs 15/kWh to under 5 Rs/kWh with in next 3 years Conclusions • • • • • India is poised to adopt advanced energy storage technologies that can act as enablers for 21st century grid India presents a huge market (70GW+ by 2022) and has the potential to become global hub for advanced energy storage manufacturing in coming decade through innovation & technology partnerships India presents a huge market for advanced energy storage solutions Current annual marketmarket for Lead Acid batteries is ~$3.5 Billion which does not address of the Current annual for Lead Acid batteries is ~$3.5 Billion & some Indian telecom new market opportunities companies have deployed over $500 Million worth of Li-Ion batteries in past 2 years India also presents excellent opportunity for collaborations for R&D, manufacturing and exports apartpolicy from being of encouraging the fastestenergy growth markets for given thermal storagefaced Indian makers areone keen on storage technologies the challenges IESA is your gateway to Indianare Market for on understanding opportunities, regulations, finding partners given the Indian policy makers keen encouraging energy storage technologies and staying informed on opportunities. challenges faced and are working on National Energy Storage Mission IESA is your gateway to Indian Market for understanding opportunities, regulations, finding partners and staying informed on opportunities. 12 Questions ??? Join us to be part of fastest growing energy storage and microgrid markets in the world. “THANK YOU” Dr. Rahul Walawalkar Executive Director, India Energy Storage Alliance [email protected] US Cell: +1-516-639-5391 India Cell: +91-950-303-1765 Customized Energy Solutions India Pvt. Ltd. A 501, GO Square Aundh - Hinjewadi Link Rd, Wakad Pune, Maharashtra 411057 India Phone: 91-20-32407682 [email protected] Customized Energy Solutions 1528 Walnut Street, 22nd Floor Philadelphia, PA 19102 USA Phone: +1-215-875-9440 Fax: +1-215-875-9490 [email protected] 13
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