Hybrid and RTC Projects Are Boosting India's RE and Storage Industries
TerraGreen|December 2020
Being a densely populated country with a growing urban and semi-urban population, the energy needs of India are on the rise. In this regard, hybrid and energy storage projects have the potential to balance the fossil fuel-to-clean energy ratio and meet 24-hour energy needs, writes Ramya Ranganath.
Ramya Ranganath
Hybrid and RTC Projects Are Boosting India's RE and Storage Industries
According to the India Energy Storage Alliance (IESA) report, the energy storage market in India is projected to grow at a CAGR (compound annual growth rate) of 6.1 per cent by 2026.

The increasing rise in carbon dioxide levels is a global concern that must be tackled with utmost urgency. The toxic gases, termed greenhouse gases (GHGs) due to their heat trapping effect, are the by-products of fossil fuel-based sources of energy generation – be it for electricity, transport or industrial use. The alternative to fossil fuels is renewable energy sources, which have been gaining popularity worldwide. The percentage of non-polluting sources of energy has been steadily increasing in the overall energy generation capacity of the countries around the world. However, these clean sources of energy generation come with the caveat of intermittency – they only operate when there is enough sunlight or when the wind blows with sufficient intensity.

Intermittency is not viable as people cannot light and heat (or cool) their homes only when the sun shines. Businesses and the scientific community have been working with great perseverance to solve this issue to tip the scales towards 100 per cent renewable energy for all. The interim solution is hybrid and energy storage projects, also known as round-the-clock (RTC) energy projects.

Globally, the hybrid and energy storage market is estimated to hit US$40 billion by 2025. And, India seems to be ahead of the curve in this regard.

Round-the-clock Projects – Solution to Intermittency

この記事は TerraGreen の December 2020 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は TerraGreen の December 2020 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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