The Indian Ministry of New and Renewable Energy (MNRE) has issued a statement announcing the publication of a joint report on the potential for scaling up domestic manufacturing of batteries for electric vehicles (EVs).
In February 2018, an expert committee under MNRE with representatives from relevant Ministries, industry associations and research institutions was created to propose a draft for setting up a National Energy Storage Mission (NESM) for India.
The committee has proposed a draft NESM with the objective to strive for leadership in the energy storage sector by creating an enabling policy and regulatory frameworks that encourage manufacturing, deployment, innovation and further cost reduction.
NITI Aayog and Rocky Mountain Institute’s joint report on India’s Energy Storage Mission has proposed a three-stage solution approach, i.e. creating an environment for battery manufacturing growth; scaling supply chain strategies; and scaling of battery cell manufacturing.
Energy storage is one of the most crucial & critical components of India's energy infrastructure strategy and also for supporting India's sustained thrust to renewables.
The NESM draft document recognises that India lacks significant natural resources in terms of the materials commonly used in batteries.
Due to its focus on mobility, the majority of discussion in the report centers around nickel-manganese-cobalt battery chemistries as these are the most commonly used energy storage devices in EVs.
Key areas for energy storage application include:
- Integrating renewable energy with distribution and transmission grids
- Setting up rural micro grids with diversified loads or stand-alone systems
- Developing storage component of electric mobility plans