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The power gap

Battery storage systems can maximise RE

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Business Standard Editorial Comment Mumbai

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Renewable energy (RE) is the key to achieving India’s commitment under the Paris Agreement. To this end, the government had set a challenging target of adding 500 Gigawatt (Gw) of RE power by 2030. So far, the installed capacity of RE power — mainly solar and wind — is 136 Gw as of March 2024, up from just 35 Gw in March 2014. But this relatively encouraging four-fold increase in RE installed capacity has never matched its actual contribution to electricity supply. Last financial year, for example, RE accounted for about a third of installed power-generating capacity. But it contributed

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First Published: May 13 2024 | 10:04 PM IST

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