Enhancing ROI in Commercial and Industrial Rooftop Solar & Stabilizing the RE Dominated Utility Grid Through Storage

On December 10th IGEF hosted a conference session on "Enhancing ROI in Commercial and Industrial Rooftop Solar & Stabilizing the RE Dominated Utility Grid Through Storage" at the international trade fair The Smarter E India. Despite the conference being held virtually, the attendees enjoyed cutting-edge presentations on crucial topics in India’s shifting energy sector. The keynote speech on "Energy Storage and Evolution of the Electric Grid" was held by Dr. Babu Chalamala, Head of the Energy Storage Technology at Sandia National Lab. For Industrial and Commercial (C&I) consumers paying high electricity tariffs, solar offers significant savings. However, solar has its challenges: it is infirm, available in the day time and peaks in the noon while the load and the tariff linked to peak in the evening. Therefore, storing the excess energy during peak generation for use during the evening would help reduce energy cost significantly. For the utility companies storage helps maintain stability of the grid with high RE injection, reduce transmission losses and defer infrastructure upgrades. However, the economics of EES has not been favourable until recently. Newer generation of batteries are now available at prices that make the ROI attractive and their adoption of energy storage by the C&I consumers and utilities is on the rise. In this session acknowledged specialists shared their insights on how EES will transform the C&I rooftop market and the RE dominated grid.
Another interesting contribution came from Rupam Raja, the Market Director of Fluence Energy, India. His presentation focussed on the topic of "Effectively Combining Battery Storage with Roof Top Solar in C&I Sector in India".

Watch the full session on our Youtube Channel.

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