, Green hydrogen and battery storage can help India speedup the energy transition, TheCircularEconomy.com

Green hydrogen and battery storage can help India speedup the energy transition

, Green hydrogen and battery storage can help India speedup the energy transition, TheCircularEconomy.comBattery storage and green hydrogen – markets that are critical for India’s renewable future and energy security – could scale up rapidly in the country, bolstered by government policy and private company ventures, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA).  “Grid-scale energy storage technologies will play a critical role in India’s decarbonisation journey, helping to integrate the 450 gigawatts (GW) of variable renewable energy capacity targeted by 2030 into the grid,” said, IEEFA analyst Kashish Shah. “The Government of India is giving the right push for the Battery Energy Storage Systems (BESS) market through production-linked incentive schemes, big battery storage capacity tenders and improving the market structure to be more competitive.”

Read the full article at: www.smart-energy.com

, Green hydrogen and battery storage can help India speedup the energy transition, TheCircularEconomy.com

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