💨 Abstract

The SBI Capital Markets report predicts a significant increase in energy storage capacity in India, up to 60 GW by 2031-32, due to government support and rising demand. The decreasing cost of energy storage technologies is driving their adoption, as they help mitigate grid instability caused by the mismatch between surplus capacity and power demand.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

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