Union Budget Charts Strong Push for Grid-Scale Energy Storage to Enable India’s Green Energy Transition – EQ
In Short : Union Minister Pralhad Joshi stated that the Union Budget aims to accelerate grid-scale energy storage, enabling seamless integration of green energy into the power system. He highlighted that enhanced policy and financial support for storage infrastructure will strengthen grid stability, improve renewable energy utilisation, and play a critical role in India’s journey toward a clean, reliable, and sustainable energy future.
In Detail : Union Minister Pralhad Joshi has подчеркнул that the Union Budget places strong emphasis on accelerating grid-scale energy storage as a strategic priority for India’s power sector. He noted that energy storage is no longer optional but essential for managing the increasing share of renewable energy in the national electricity mix.
According to Joshi, the expansion of grid-scale storage infrastructure will enable seamless integration of solar and wind power, which are inherently variable in nature. Energy storage systems provide the flexibility required to store excess power during periods of high generation and release it during peak demand or low generation periods.
He emphasised that energy storage is a critical enabler for ensuring grid stability and reliability. As renewable energy penetration rises, conventional grid systems face challenges in balancing supply and demand, making advanced storage solutions indispensable for maintaining uninterrupted power supply.
The Budget’s focus on energy storage also reflects a long-term vision for building a modern, resilient, and intelligent power grid. Investments in large-scale batteries, pumped hydro storage, and hybrid storage technologies are expected to transform how electricity is generated, transmitted, and consumed across the country.
Joshi highlighted that grid-scale storage will play a key role in reducing curtailment of renewable energy. By absorbing surplus clean power that would otherwise go unused, storage systems improve overall system efficiency and maximise the value of renewable assets.
From an economic perspective, the push for energy storage is expected to unlock new investment opportunities and stimulate growth in emerging clean energy industries. It will support the development of domestic manufacturing, research and development, and skilled employment in advanced energy technologies.
He also noted that energy storage strengthens India’s energy security by reducing dependence on fossil fuel-based peaking power plants. Storage systems offer a cleaner alternative for meeting peak demand, improving system resilience while lowering carbon emissions.
The Budget’s approach aligns with India’s broader climate and sustainability commitments. By enabling higher renewable penetration, energy storage supports the country’s goals of reducing emissions, improving air quality, and transitioning toward a low-carbon economy.
Overall, Pralhad Joshi stated that accelerating grid-scale energy storage represents a structural shift in India’s energy strategy. It reflects a future-oriented policy framework where clean energy integration, technological innovation, and infrastructure resilience work together to build a sustainable and reliable power system.
