1. Narasimhan Santhanam EAI, www.eai.in
Renewable Energy in India – Why should you care?
Narasimhan Santhanam
EAI,

2. About EAI
Leading Indian renewable energy business intelligence, market strategy consulting firm
Work on all primary renewable energy sectors – solar, wind, bio-fuels / biomass, waste-to-energy and small hydro
Work on market research, entry and diversification strategy, economic and financial modeling and pre-feasibility analysis
Team comprises professionals from IITs and IIMs, with renewable energy, industry research and economics backgrounds
Based out of Chennai, India
More at

3. India’s current electricity production
Installed capacity: Approx 150 GW
Primarily based on coal (52%) & large hydro (27%)
Wind (7%) is the largest alternative energy component
Total non-hydro renewable energy is only about 8% of total

4. Future electricity requirements
Could require 350 GW by 2017 (McKinsey)
Where does the additional 200 GW come from?
From fossil fuels (coal, natural gas) and
Renewables

5. Renewable Energy Solar * Wind * Hydro – small and large * Biofuels
Wave and tidal
Geothermal

6. TODAY, India has abundant renewable energy resources, BUT…
Renewable resources are costly
Renewable resources are distributed
Renewable resources are intermittent

7. Better Storage = Better RE
Better energy storage  higher reliability
Better energy storage  lower costs
Better energy storage  distributed electricity generation

8. So, what’s the catch? TODAY
Energy storage is costly (could increase energy production costs %!)
Energy storage for utility-scale is still evolving
Renewable energy is just starting off (less than 3% of total)

9. But TOMORROW’s another day
Many off-grids & more distributed generation – demand side pull
RE has scale – prompts investments and lowers costs
Technological advancements – lowers storage costs

10. Tomorrow…
Energy storage could be one of the biggest business opportunities

11. “What’s in it for me?”
Indian market driven by strong economy, government mandates and incentives
- Increasing need for electricity storage
unelectrified villages
- National Solar Mission (2 MW – MW in 12 years!)
- National Village Electrification Programme
- Investor friendly policies (100% FDI in renewables…)

12. Technologies to watch out for
Batteries – Lead acid, Li-ion, flow batteries, NaS
Thermal energy storage – Solar CSP
Fuel cells
Pumped hydro
Compressed air energy storage
Flywheel
Superconducting magnetic energy storage
Supercapacitors

13. Markets to watch out for
Energy storage (Battery) requirements for:
Off-grid Solar PV market – rooftop solar
Village electrification
Commercial demand for replacing DG sets
Solar-based products – lanterns, lamps and more
Indian cellular tower industry

14. Opportunities for small and large companies
For small companies
Value added reseller of solar products & modules
Manufacturing solar-based products on small-scale
For medium and large companies
Tie-ups with large panel and solar product manufacturers
Entering new battery tech such as flow batteries & NaS

15. Opportunities for partnerships
Joint ventures & research partnerships
New technologies and applications
Value added resellers
Specific industries (cellular) / markets (local villages)
OEM partnerships
solar modules manufacturers/solar product suppliers

16. Opportunities from innovations
New markets - Non-consumers becoming consumers, grid-connected power generation segment
New sources - Use in emerging renewable energy sources such as tidal, wave & geothermal
New products – Use of RE for new products that have critical need for batteries

17. “What should I do?”
Secondary research – read up more on your target segment
Primary research – talk to the market
Foot in the door – get your hands dirty at least cost

18. All the best! Narasimhan Santhanam
EAI – Energy Alternatives