ABSTRACT

India has a power generation capacity of 350 GW, generating 1.2 trillion units of electricity each year. This is equivalent to saying that each Indian citizen, on average, consumes 1,000 units of electricity annually. Grid operators can store electricity generated from renewable projects in large battery systems when demand is low and release that electricity into the grid when demand increases. Renewables are more economical to install and commission than thermal-based power; they also enable growth and environmental conservation. To balance India’s economic growth aspirations, local pollution crises, and to contribute to climate change containment commitments, the Indian government has aimed for renewables to account for roughly 40% of electric generation capacity by the year 2030. Investments in software solutions to optimise grid-level operations as well as consumer-level behaviour: the creation of demand response programmes, for example, can prod industries to shift their loads to times during the day when more energy is available on the grid.