Pumped Storage Hydroelectricity PSH.pptx

psp

1. 3 rd July 2023 PUMPED-STORAGE HYDROELECTRICITY (PSH)

2. Classification of Energy Storage Technologies

3. Policies for Promotion of PSP in India 04 Exemption from Stamp Duty, Registration Fees, Taxes etc. Relief in the State Goods and Services Tax (SGST). 03 Grid Stability and VRE Positive attributes of PSP compared to other available energy storage systems. 02 Tariff Fixing Right of first refusal up to 80% of the project capacity, by state . Developer may sell the balance 01 Project Allocation, No Upfront Premium Central public sector undertakings ("PSU") or state PSUs or joint ventures on a nomination basis. 08 Self Identified off-stream Pumped Storage Projects Developers may self identify potential off stream sites 07 Financing S overeign bonds or concessional climate finance. Fixing the appropriate tariff 06 Fast-tracks Approval of PSPs, Time period Time period of 2 years for start of construction. 05 Additional Exemptions Exempted from free electricity obligation, Environmental Impact Assessment (EIA) studies and public hearings

4. Economic & Technical Analysis of Storage Systems Storage Technologies Capital Requirement and Maturity , for Grid Applications (Source: IEA 2014) Storage Technologies Compared

5. SMES : Superconducting magnetic energy storage | CAES : Compressed Air Energy Systems | PHS : Pumped Hydro Systems Key Characteristics of Energy Storage Technologies

6. Advantages Of Pumped Storage Over Other Energy Storage Systems Proven, low-risk energy storage technology Managing Grid bottlenecks Supporting Grid Stability by quick response to changing demand / sudden outages, increasing Grid Inertia, provide black start capability Balancing Volatile renewable energy generation with demand Frequency regulation, Storage /time shifting, ramping capability Peak shaving, reactive power, voltage control, spinning reserves PSP are best suited for Grid Operations

7. THANK YOU