India Joins BESS Consortium for Renewable Energy Integration

News Excerpt

India became a member of the Battery Energy Storage Systems (BESS) Consortium, an initiative led by the Global Leadership Council (GLC) of the Global Energy Alliance for People and Planet (GEAPP).

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  • This move, announced at the COP28 Summit in Dubai, aligns with India's goal of achieving energy security and reliable round-the-clock energy access.
  •  India has already approved a scheme to develop 4,000 megawatt-hours (MWh) of BESS projects by 2030-31, with financial support for developers.
  •  The goal is to integrate 400 gigawatts of renewable energy by 2030 and alleviate energy poverty.
  •  IndiGrid, an infrastructure trust, has been awarded a major BESS project in Delhi as part of this effort. The goal is to enhance grid stability, support renewable energy growth, and contribute to a net-zero future.
  • The Battery Energy Storage Systems (BESS) Consortium is a global initiative aiming to secure commitments for 5 gigawatts (GW) of BESS by the end of 2024.
  •   The BESS Consortium includes other countries like Barbados, Belize, Egypt, Ghana, Kenya, Malawi, Mauritania, Mozambique, Nigeria, and Togo.

Battery Energy Storage Systems (BESS)

  •  Battery Energy Storage Systems are a critical element in increasing the reliability of grids and accommodating the variable renewable energy sources that are needed to power economic development.
  •  In many cases, a combination of BESS and renewables is already cheaper than fossil fuel alternatives.
  • The expansion of BESS is crucial in bringing down the high cost to resolve the issue of intermittency and lead to accelerated RE (renewable energy) integration.

Global Leadership Council

  •  The Global Leadership Council (GLC) is a high-level coalition within the Global Energy Alliance for People and Planet (GEAPP), established in 2022.
  • The GLC is committed to reducing the cost of renewable energy technologies, focusing on battery storage and off-grid tech aggregation, with a mission to address climate issues and improve global access to sustainable energy.

Global Energy Alliance for People and Planet (GEAPP) 

  • The Alliance was formed in 2021 to catalyze clean energy technologies and new pools of finance to bring reliable, livelihood-enhancing energy to people who lack it.
  • Working with developing countries, the Alliance seeks to foster collaboration and speed in harnessing the considerable human and financial resources needed to reduce energy poverty while combating climate change

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