Energy Storage Systems and Energy Security G20 Experiences and Opportunities

As countries progress towards a clean and sustainable future, Energy Storage Systems (ESS) can play a critical role in serving key energy end-uses in an energy secure and environmentally benign manner. The G20 could prove to be an important platform for furthering the agenda of ESS as it comprises of some of the largest energy consumers and energy technology holders in the world. Currently, developments in ESS in India are primarily based on import of batteries with little domestic manufacturing due to four major reasons – low mineral reserves, nascent battery manufacturing industry, lack of co-ordination among stakeholders, and high perceived risk.