With a vision of creating an enabling environment that guides and nurtures the adoption of energy storage, e-mobility, green hydrogen and micro-networks in India and is successfully advancing its role in the global energy transition, 8you India Energy Conservation Week (IESW) 2022 started on May 2nd and will culminate on the 6thyou May in Pragati Maidan & Hotel Lalit, New Delhi.
Today marked the second most successful day of the event, which witnessed the upcoming presence of Nitin Gadkari, Minister of Road Transport and Highways (MoRTH), as the main guest, along with other dignitaries, as keynote speakers discussed the future roadmap for India and spread India’s vision to become a world leader.
Speaking at the event, Shri Nitin Gadkari, Minister of Road Transport and Highways (MoRTH), GoI said, “
“We need storage to store renewable energy in a rechargeable battery. Battery standardization can speed up EV uptake; we also need standardization for the battery storage system. Cars will be a vital industry in the coming years, and battery technology will be in high demand. by 2030, stepping up the Make in India initiative. Over the next five years, all vehicles are expected to do so be electric. I encourage everyone involved in the electric vehicle business to work together to improve the country by developing innovative solutions for a clean and green future. India ESW is an excellent forum for all decision makers to discuss India’s future potential.
Welcoming remarks by Dr. Rahul Valawalkar, MD, Customized Energy Solutions (CES) and President, IESA India, said“India has emerged as a world leader in the green hydrogen and e-mobility sectors in recent years and significant efforts have been made to increase the adoption rate. As the future of e-mobility and its impact on the environment is a global problem, there is a significant need for appropriate e-mobility rules and regulations to improve the ecosystem and make it a viable option for people. India Energy Conservation Week plays a role in bringing together stakeholders and politicians from around the world on a platform to discuss all aspects of green hydrogen and e-mobility and strategies that are the roadmap for India’s future. Finally, I would like to thank everyone who continued to support us every year and help make the event a success. ”
The event will continue to maintain its significant momentum over the next 2 days. While at 4you In May, the event will feature e-mobility seminars, which include a buyer-seller meeting and a founders’ roundtable. At 5you May, the event will have workshops on stationary storage, while the sessions on green hydrogen are at 6you Maybe. The hybrid conference and exhibition will be held at Pragati Maidan and Hotel Lalit, New Delhi.
May 2 started with Tech Tours, conducted in the BESS project at DT level of BRPL and SCADA Control Center for management of 6 BESS projects in different substations DT, AES & Tata Power 10 MW- 10 MWh Energy storage project (from AES, Mitsubishi and Fluence Energy), Nexcharge – Tata Power Grid Connected Community Energy Storage project, Load balancing EV charging station in BYPL and Energy Storage Platform on Batteries (ESPOB) from DST-IIT Delhi to get an idea of the different energy storage projects and e-mobility and understand the successful implementation of solutions used in the industry. On the same day, the event also hosted various seminars on deep diving for energy storage technologies, applications, financial modeling, a session on challenges and methodologies around charging interfaces, access to energy and micro-networks, and a seminar on fire safety for batteries.
Applications for energy storage, EV ecosystem, regulation and policy for electric transport, manufacturing and research and development, stationary storage and many other issues will be covered during the five-day flagship event. The event will witness a global audience of 20+ nations, 50+ regulators and politicians, 50+ partners and exhibitors, 1,000+ delegates and 10,000+ visitors to the event. The event is supported by NITI Aayog, the Norwegian government as a national partner, the Ministry of Motor Transport and Highways, the Ministry of Heavy Industry, the Department of Chemicals and Petrochemicals and the Ministry of Energy and the Ministry of Energy, the Ministry of New and Renewable Energy.
With the growing renewable energy sector, the demand for energy storage systems is expected to increase in the coming years. Therefore, in order to improve the efficiency of the energy industry, the new trend known as energy storage is growing rapidly. The energy storage industry is projected to grow with a CAGR of around 24 percent. According to the India Energy Storage Alliance (IESA), the Indian EV industry will expand by 36% combined annual growth rate (CAGR)% by 2026. Over the forecast period, the EV battery market is expected to grow by 30% CAGR over the same period from time.