Renewable Energy in India Why

should you care?

Narasimhan Santhanam
EAI, www.eai.in

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 prefeasibility analysis
Team comprises professionals from IITs and IIMs, with
renewable energy, industry research and economics
backgrounds
Based out of Chennai, India
More at www.eai.in

Indias 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

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

Renewable Energy

Solar *
Wind *
Hydro small and large *
Biofuels
Wave and tidal
Geothermal

TODAY, India has abundant renewable

energy resources, BUT
Renewable resources are costly
Renewable resources are
distributed
Renewable resources are
intermittent

Better Storage = Better RE

Better energy storage higher reliability
Better energy storage lower costs
Better energy storage distributed
electricity generation

So, whats the catch?

TODAY
Energy storage is costly (could increase energy
production costs 100-300%!)
Energy storage for utility-scale is still evolving
Renewable energy is just starting off (less than 3%
of total)

But TOMORROWs another day

Many off-grids & more distributed generation
demand side pull
RE has scale prompts investments and lowers
costs
Technological advancements lowers storage
costs

Tomorrow

Energy storage could be one of the biggest

business opportunities

Whats in it for me?

Indian market driven by strong economy, government
mandates and incentives
- Increasing need for electricity storage
- 68000 unelectrified villages
- National Solar Mission (2 MW 20000 MW in 12 years!)
- National Village Electrification Programme
- Investor friendly policies (100% FDI in renewables)

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

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

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

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

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

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

All the best!

Narasimhan Santhanam
EAI Energy Alternatives India @ www.eai.in
narsi@clixoo.com
98413 48117