Nod for KSEB's energy storage plan
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The board plans to set up a 125 MW/500 MWh battery storage system, which could play a key role in managing the peak hour power demand in north Kerala to a considerable extent.
As renewable energy penetration increases across the grid, challenges associated with managing fluctuations in demand and supply have become increasingly difficult, especially during evening and morning peak hours when renewable energy, particularly solar power, is unavailable.
This necessitates additional power dispatch to maintain grid stability, the board pointed out at the outset of the petition.
The BESS under consideration was selected as an initial initiative to assess the feasibility and operational effectiveness of the system. The installation is expected to ensure a daily energy availability of 0.5 Mu (four hours of storage). The project performance will be evaluated for potential scalability in the future.
Govt of India allotted Rs 135 crore as Viability Gap Fund for the development of BESS in Kerala. KSEB engaged Solar Energy Corporation of India Ltd as the BESS implementing agency. After completing the bidding process, JSW Neo Energy Ltd emerged as the lowest bidder, quoting the capacity charge of Rs 4.41 lakh/MW/Month. KSEB submitted that the proposed BESS project does not require any upfront capital investment from the licensee.
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Payments will commence only after one month of the commercial operation date and will be offset by savings in peak power purchase costs. The project, therefore, offers a financially sustainable solution for addressing state's peak demand challenges while augmenting internal power storage capacity.
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