Make energy storage mandatory in renewable projects: Danfoss

A policy to make battery energy storage mandatory in all renewable projects will enable the grid to function smoothly with a large share of power coming from renewables, said a top official of Danfoss India.With the growing renewable energy in the country, demand for energy storage systems is expected to rise in the coming years. To ease the peak hour pressure on the grid and also to support the widescale deployment of renewables, energy storage systems are emerging as critical solutions.“I think it is kind of hitting a point where storage is competing with diesel engines. If you spend ₹15-18 per kWh on diesel, we are seeing energy storage prices at around ₹23-25 per kWh. We believe that this will come down further with battery prices falling and as a result, energy storage systems (ESS) will be a gamer changer,” Ravichandran Purushothaman, President, Danfoss India, told…

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