Pumped Storage Projects (PSP) are becoming more crucial in providing peak power and preserving system stability in the power systems of many countries, even though numerous types of energy storage systems have been constructed globally. Pumped storage technique is the time-tested, financially viable, highly effective. Along with this, it is important to consider the timely completion of PSPs for making the project financially viable.This paper covers various technological advancements and innovative concepts of PSP around the globe. Paper covers the global scenario of PSP to understand the status of capacity addition and various measures undertaken by the countries for development of PSP. The knowledge gained from this paper will guide the reader in evaluating and understanding key issues and challenges for development of PSP.
India EV charging infrastructure market size was valued at USD 16.4 million in 2021 and is expected to grow at CAGR of 46.5% from 2022 to 2030 under business-as-usual scenario.India EV charging infrastructure market size was valued at USD 16.4 million in 2021 and is expected to grow at CAGR of 46.5% from 2022 to 2030 under business-as-usual scenario.
This is the summary of the points discussed during the PWG conducted on the 8th of September 2022. Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected RE Power Projects for utilisation under scheme for flexibility in Generation and Scheduling of Thermal/ Hydro Power Stations through bundling with Renewable Energy and Storage power
This report assembles a holistic policy solution framework and set of options to catalyse the sector. This report explores three broad types of support, each with different intended outcomes:
IESA Energy Storage Vision 2030 report which emphasizes the importance of energy storage target-setting for India along with other key areas like policy and regulatory intervention required at the Central and the State level, manufacturing, skill development, research & development, and potential barriers that require preparedness and focus from the Centre and the States.
The EV Market in India has been witnessing one of the fastest recoveries in 2021 from the pandemic induced slowdown in 2020. In 2021 the annual sales of EVs in India reached 4,67,000+ units.