• Significant Energy Storage Needed for Grid Stability: India will need 61 GW/218 GWh of energy storage by 2030 and 97 GW/362 GWh by 2032 to ensure grid reliability. Battery storage will lead, though pumped hydro may gain ground if battery prices do not fall as anticipated.
This represents substantial growth from India’s current energy storage capacity of approximately 6 GW (mostly pumped hydro), underscoring the need for robust policy and regulatory support to accelerate storage deployment at this scale.
This study, through comprehensive grid simulations, examines key aspects of energy storage in India, including required capacity, optimal locations, duration, technologies, costs, and policy framework, to meet growing electricity needs in a least-cost manner, while preventing the stranding of thermal assets.
By 2032, the storage requirement will be as high as ~97 GW / 362 GWh. Out of this, the battery storage capacity will be 87 GW/308 GWh – with nearly 67 GW x 4-hour batteries and 20 GW x 2-hour batteries. . INDIA ENERGY AND CLIMATE CENTER |29 3.6.
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