New Resource - Energy Storage in South Asia: Understanding the Role of Grid Connected Energy Storage in South Asia’s Power Sector Transformation

Energy storage can provide many grid benefits, including flexibility. This study provides a first-of-its-kind assessment of cost-effective opportunities for grid-scale energy storage deployment in South Asia.

During the last decade, the cost of energy storage technologies has declined rapidly. At the same time, grid flexibility is becoming more important as renewable energy integration increases across the world. Storage technologies have the potential to provide some of this flexibility. However, uncertainties around costs and regulations remain when considering energy storage in India and other South Asia countries, including Bangladesh, Bhutan, and Nepal. This study provides a first-of-its-kind assessment of cost-effective opportunities for grid-scale energy storage deployment in South Asia. The report covers both a near and long term analysis, and discussion of energy storage drivers, potential barriers, and the role of storage in system operations. The state-of-the art modeling approach compares the value of battery storage and pumped hydro storage for 2030 and 2050, considering system operations in India, Bangladesh, Bhutan, and Nepal as a single South Asia interconnection with no institutional barriers to cross-border electricity trade (CBET). 

Read the report, here!

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