Discussion on Draft Policy on Energy Storage System (ESS
Recently the Minister of Power and New and Renewable Energy has discussed the draft policy related to Energy Storage System (ESS).
The objective of the policy is to promote manufacturing of storage systems on a large scale across the value chain of the power sector. It covers all levels of production, transmission and distribution.
Key features of the draft policy:
- The ESS shall be an integral part of the electricity system under the Electricity Act.
- People can install standalone ESS.
- The developer will be provided with inter-state transmission connectivity. Also, they will be allowed to buy or sell electricity from any part of the country.
- The amount of ESS involved with sustainable renewable energy for storage will be calculated as the Renewable Energy Purchase Obligation (RPO).
- Transmission cost will be waived for renewable energy. This exemption will be given at the time of collection of storage charges and during the sale of stored renewable energy.
Importance of ESS:
Challenges:
Providing financial viability to the project; technical challenges; Addressing infrastructural issues like land acquisition; Small reserves of minerals like lithium, cobalt etc.
Earlier, the government had launched the National Mission on Transformative Mobility and Battery Storage to promote ESS.
Energy Storage Systems (ESS)
Energy storage systems are devices that make it easy to store energy from renewable energy sources such as solar and wind. They also supply stored energy when customers need more power.
Key Technologies of Grid Energy Storage
Batteries, Pumped Hydroelectric Storage, Compressed Air Energy Storage, Thermal Storage, Hydrogen, Flywheels etc.
Source – The Hindu