Home Nepal government The need to build up strategic fuel reserves to secure electricity supply:...

The need to build up strategic fuel reserves to secure electricity supply: Electricity Secretary Alok Kumar

7
0

The statement comes against the backdrop of the depletion of coal stocks at power plants, which is fueling blackout problems.

“Speaking at the inauguration of the ICN South Asia Summit held on Thursday, October 21, 2021, Energy Ministry Secretary Alok Kumar said there is a need to build strategic reserves of fuel to secure the electricity supply and avoid disruption, “according to a statement from the Confederation of Indian Industries (CII).

Kumar also highlighted the need to improve cybersecurity readiness for the power supply system, as IT is integrated into the power transmission system.

With Chinese hackers targeting India’s critical infrastructure such as power grids, the government has issued cybersecurity guidelines for the power sector. It comes against the backdrop of Red Echo, a hacker group affiliated with the Chinese government, repeatedly targeting the control rooms that run India’s critical power grids.

“Secretary Power underlined the importance of electricity saying that it is the main source of energy having a very big impact on the life of everyone. In view of this, the Indian government’s goal is to increase the share of electricity in the energy basket from the current 18% to 28% by the end of this decade. There is a need for diversified energy sources – battery, hydraulic, solar, hydrogen storage and greater cross-border cooperation to ensure energy security in the South Asian region, “the statement added.

Cross-border energy trade is a key part of Prime Minister Narendra Modi’s neighborhood policy, with plans to forge energy ties to control China’s growing influence. India’s energy diplomacy ranges from cross-border electricity trading to the supply of petroleum products and the establishment of liquefied natural gas terminals.

India is also moving forward with its ambitious global power grid plan to tackle China’s Belt and Road Initiative.

Speaking about India’s One Sun One World One Grid (OSOWOG) initiative, Mr. Kumar said the initiative envisions facilitating global cooperation for building a global ecosystem interconnecting energy resources. renewables for transparent sharing, as the sun is still available in some parts of the world for conversion into renewable energy and can be used by other countries as an economically viable and sustainable source. He called for building a robust transmission system across Southeast Asia, ”the statement said.

While India sources hydroelectricity from Bhutan, it also supplies electricity to Bangladesh and Nepal. The plan now is to include the option of building an overhead power link with Sri Lanka. India is trying to create a common pool for neighboring countries.

“Mr. Devendra Karki, Secretary of the Ministry of Energy, Water Resources and Irrigation of the Government of Nepal, said that a strong framework is the need at the moment in the South Asian region – with government support to address challenges associated with long-term solutions for energy security. “, says the press release.

“India and neighboring countries can work together to meet the demand for energy through a multilateral framework,” said Bangladesh Secretary of Energy, Energy and Mineral Resources Md Habibur Rahman, in the press release.

Speaking to Mint-flavoured At the annual energy conclave in March last year, the Minister of Electricity and New and Renewable Energy, Raj Kumar Singh, said he aims to have a regional electricity grid and market, which includes Myanmar, Bhutan, Bangladesh, Nepal and Sri Lanka.

“Energy security and energy sustainability are important for the entire South Asian region, as some form of energy import is required by all South Asian countries,” said the President and Director. General of PTC India Ltd, Deepak Amitabh, in the statement.

“The creation of a regional energy pool can facilitate cross-border electricity trade through various portfolios of hydropower, natural gas, clean coal and renewable energies,” added Anil Sardana, co-chair of the National Infrastructure Council. CII and Managing Director and CEO of Adani Transmission Ltd. declaration.

India has already notified the regulation of cross-border trade. The proposed market, which will include Myanmar, Sri Lanka, Nepal, Bhutan and Bangladesh, could foster regional peace and improve the use of productive assets.

“Mr. Kumar said that as a pilot project, the Government of India (GOI) has launched an expression of interest for the installation of a 1000 MWh Battery Energy Storage System (BESS), in order to provide a roadmap for the installation of the energy storage system in the country. A tender was also launched by the GoI for a 13 gigawatt-hour grid-wide battery storage system (GWh) in Ladakh, “the statement read.

India has already crossed 100 gigawatts (GW) of installed solar and wind capacity and the plan is to have 175 GW of renewable energy capacity by 2022 and 450 GW by 2030. This huge injection of electricity in the grid from sources such as solar and wind power requires a storage mechanism that can help balance the national power grid.

India is also planning to set up a 14 gigawatt-hour (GWh) grid-scale battery storage system at the world’s largest renewable energy park in Khavda, Gujarat. The government is also planning to issue a tender for the installation of approximately 4 GWh of the grid-wide battery storage system in regional load balancing centers. In addition, state-owned NTPC Ltd has issued a global tender for the establishment of a 1 GWh grid-wide battery storage system. According to the CEA, 27 GW of grid-scale battery energy storage systems will be needed by 2030 with four hours of storage.

To subscribe to Mint newsletters

* Enter a valid email address

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint. Download our app now !!


Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here