South Asia Energy Storage Study
The South Asia Energy Storage Study offers a comprehensive analysis of the potential role of energy storage technologies in the South Asia region through the year 2050.
This study evaluates the policy and regulatory environments for storage deployment and applies state-of-the-art modeling tools to understand the technical, economic, and policy drivers for energy storage in a rapidly evolving region.
This study aims to provide greater understanding on the opportunities and barriers for energy storage in South Asia. Some of the key questions include:
- How well do existing policy and regulatory frameworks support energy storage investments?
- How much storage is cost-effective and where would these investments be located?
- Which grid services from energy storage provide the most value to the system and what can countries in South Asia do to realize these benefits?
- How does storage affect the integration of variable renewable energy and system costs?
Policy and Regulatory Readiness
The energy storage readiness assessment is a simple evaluation to identify barriers and opportunities for storage within a given power system and policy and regulatory environment. It is designed to help decision makers identify priority areas for focus as they develop the appropriate suites of policies, programs, and regulations for energy storage.
NREL applied the energy storage readiness assessment to the Indian context by examining 20 criteria related to energy storage deployment.
This study also includes a techno-economic potential component, where capacity planning tools such as ReEDS and Plexos will be used in collaboration with local stakeholders in India, Nepal, and Bangladesh to understand how their power system may evolve under a range of planning horizons and uncertainties. Learn more about the outcomes of this study's techno-economic potential analysis on NREL News: NREL Study Shows a Bright Future for Energy Storage in South Asia.
Frequently Asked Questions
NREL compiled the most frequently asked questions (FAQs) as they relate to the South Asia energy storage analysis.
Energy Storage in South Asia: Understanding the Role of Grid-Connected Energy Storage in South Asia’s Power Sector Transformation, NREL Technical Report (2021)
Policy and Regulatory Environment for Utility-Scale Energy Storage: Bangladesh, NREL Technical Report (2021)
Policy and Regulatory Environment for Utility-Scale Energy Storage: Nepal, NREL Technical Report (2021)
A Framework for Readiness Assessments of Utility-Scale Energy Storage, NREL Technical Report (2020)
Policy and Regulatory Environment for Utility-Scale Energy Storage: India, NREL Technical Report (2020)