About Technology development energy storage tender
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6 FAQs about [Technology development energy storage tender]
What are ESS tenders & NTPC tenders?
The latest standalone ESS tenders from Solar Energy Corporation of India and NTPC will augment capacity manifold and help develop the local ecosystem. Given that ESS technology is in its infancy in India, the current tenders face several technical, procurement and regulatory challenges.
What will the two energy tenders mean for the power industry?
The two tenders will act as pilot projects for policymakers and fast-track the evolution of future tenders. The power industry is undergoing a remarkable shift worldwide by moving away from its dependence on fossil fuels and toward renewable energy sources.
What is a utility scale ESS tender?
These tenders aim to utilise the various applications a utility scale ESS can provide in terms of ancillary services and energy shifting. These new standalone tenders, especially the NTPC tender, give the developers much greater flexibility regarding sizing, preferred technology and location.
What are the challenges faced by ESS tenders?
ESS is an emerging technology in the power sector. The technology will have technical, commercial, geopolitical and regulatory challenges during the initial development period. Consequently, current standalone ESS tenders will face challenges partly due to their scale and partly due to the emerging nature of the technology.
How energy storage technology is selected?
Selection of Energy Storage Technology is entirely in the developer’s scope. ESS treated as a subscription/service. The tariff is paid in terms of fixed annual payments for 25 years in return for using the system as “On-Demand” basis for its needs. NTPC REL will be the sole off-taker of the ESS.
Are ESS tenders a catalyst for the Indian ESS market?
In the past five years, the ESS tenders have been evolving with innovative and new age tenders such as RTC, Peak Power and now standalone ESS. Current standalone ESS tenders, being the first large-scale tenders of such kind, can be a catalyst for the entire Indian ESS market.
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