India's electricity minister said that India has gradually changed from a country with a shortage of power to a country with a surplus of power, which has installed 369 gigawatts of power generation capacity, but its peak demand for electricity in 2019-20 (to February 2020) is 183 gigawatts.
According to the data in the 19th electricity survey statement issued by the Central Electricity Authority, the best generation mix by 2026-27 will depend on the development of storage technology and renewable power; and it is estimated that the installed capacity of India will increase to 619 GW in 2026-27, including traditional power and renewable power. The statement estimates that India's electricity demand will increase by 231% and peak demand will increase by 237% by 2036-37.
It is worth noting that the country's Central Electricity Authority's policy is to achieve 523 GW of renewable power by 2030. It is said that this will require a 34gw / 136gwh battery energy storage system to help balance the grid. However, according to the data of ieefa, the largest 10 mwhbess operation facility was opened in February 2019. If large-scale and rapid battery storage system is to be deployed, it will bring corresponding cost and integration risk to the country.
