Levelized Cost of Storage for Standalone BESS Could Reach ₹4.12/kWh by 2030: Report

Battery energy storage system based on low-cost lithium-ion batteries can enable India to meet the morning and evening peak demands.

June 2, 2020

/ Rakesh Ranjan

/ Energy Storage, Market & Policy

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The Government of India (GoI) has set a target of achieving 175 GW of renewable power installed capacity by December 2022. However, the capacity value of these variable renewable energy resources is limited without grid-scale energy storage.

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Rakesh Ranjan

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Levelized Cost of Storage for Standalone BESS Could Reach ₹4.12/kWh by 2030: Report

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