If battery energy storage costs fall 15% every year on an average, it would enable India to potentially limit its coal capacity to the 14th National Electricity Plan projection of 260 GW by 2032, says a new report by global think tank Ember and TERI. August 20, 2024 Uma GuptaA new report by the global think tank Ember and TERI highlights the crucial role of declining battery energy storage system (BESS) project costs in reducing coal dependency in the Indian power sector. It explores the…
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Battery storage costs must fall by 15% per year to avoid new coal capacity additions after 2030 in India – pv magazine India
