Key Energy Storage aspects in renewable energy 2024

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Energy Storage is the key aspect in the renewable ecosystem, making the 24/7 availability of RE power which will help in converting the regular grid into a renewable energy grid in the coming future.

Some of the different types of energy storage systems are:

India has come up with a framework and policy on Energy Storage in the year 2023, for the integration into the grid with the VGF scheme similar to the kind of support given for wind WTGs from 2014 to 2017. Tata - TPDDL and installed 10 MW/ 10 MWh at the distribution segment with external funding. 

There are different possibilities for the integration of energy storage from the generation, transmission, and distribution segments across the globe. In the current market, there are different chemical and non-chemical energy storage systems present with advantages and limitations. Consumers need to come up with a strategy in considering the technical, financial, and environmental specifications of the battery technology to choose a better option for adoption of the battery technology.


Some of the key aspects of renewable energy in 2024 which play a key role in the development of the country and contribute to the growth aspects are as below:

  1. Addressing the power supply issues
  2. Revenue generation from Energy Storage
  3. Financing for Energy Storage
  4. Policy and Regulatory Clarity
  5. Effective Supply Chain Management
  6. Microgrid Energy Storage Development
  7. Hybridization and Standalone Storage Strategies
  8. Strengthening and Decarbonising Grids

Please join the "Energy Storage Asia 2024" focusing on the above aspects in Energy storage and sustainability. Click here to get registered as an individual or as a firm to attend the program conducted at Singapore.

Please click here to find the Agenda for the same is for your reference.


Location: India

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