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DOE OSTI2020

A Framework for Readiness Assessments of Utility-Scale Energy Storage

This report is part of a series investigating the potential for utility-scale energy storage in South Asia. This Readiness Assessment Framework for Utility-Scale Energy Storage forms the basis for forthcoming country-specific evaluations of policy and regulatory environments for energy storage in the region, beginning with India. These evaluations provide insights on the opportunities and barriers for energy storage growth and deployment in each country. This report offers the overarching framework for these evaluations. It is designed to be allow policymakers and regulators to quickly gauge how well existing policy and regulatory frameworks support investments in energy storage and can be applied in any jurisdiction regardless of its governance, regulatory, or market structure. It is not designed to recommend specific policy or regulatory solutions and does not inform whether energy storage is the best solution, among a range of possible technical and non-technical interventions, to meet system needs.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

DOE OSTI2020

Policy and Regulatory Environment for Utility-Scale Energy Storage: India

This report is part of a series investigating the potential for utility-scale energy storage in South Asia. The first part of the work is focused on opportunities and barriers for energy storage within existing policy and regulatory frameworks in the region. This report applies the previously-developed Energy Storage Readiness Assessment to evaluate the policy and regulatory environment for energy storage in India. Forthcoming reports will expand this analysis to other countries in South Asia. These evaluations are designed to provide insights on the opportunities and barriers for energy storage growth and deployment in each country. The second part of this work consists of techno-economic analysis to understand the drivers of energy storage investments in South Asia. Using NREL’s power system planning and operational models of South Asia, this analysis will identify potential storage applications and growth under various cost, policy, and demand growth scenarios. In addition, the regulatory and policy barriers and incentive mechanisms identified in the first task will be incorporated into the modeling task to understand their impact on energy storage deployment and operation. Together these studies will inform the applications and value of energy storage on South Asia power systems and policy and regulatory pathways to realize this value.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗