Report states India can reach 83% daytime electricity from renewables by 2032 if BESS costs decrease annually by 15%.

Report predicts India can limit coal capacity to 260 GW by 2032, relying more on renewable energy, if battery-storage system costs decrease by 15% annually. Battery energy storage system (BESS) costs must drop to enable India to reach its net-zero emissions goal by 2070, as solar and wind power plants need energy-storage systems for continuous power provision. The report by Ember and TERI suggests that India's power sector could meet 83% of the electricity demand during the day by 2032 if BESS costs decrease at the required rate.

August 20, 2024
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