Accelerating Innovation for Cost Effective Energy …...2015/06/03  · Accelerating Innovation for...

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Presented by Dr. Rahul Walawalkar VP, Emerging Tech & Markets, Customized Energy Solutions Executive Director, IESA Vice Chair, GESA Accelerating Innovation for Cost Effective Energy Storage Presented at

Transcript of Accelerating Innovation for Cost Effective Energy …...2015/06/03  · Accelerating Innovation for...

Page 1: Accelerating Innovation for Cost Effective Energy …...2015/06/03  · Accelerating Innovation for Cost Effective Energy Storage Presented at Role of Energy Storage in Modern Indian

Presented by

Dr. Rahul Walawalkar

VP, Emerging Tech & Markets, Customized Energy Solutions

Executive Director, IESA Vice Chair, GESA

Accelerating Innovation for Cost Effective Energy Storage

Presented at

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Role of Energy Storage in Modern Indian Grid

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Energy Storage Landscape 2015

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Energy Storage Performance Matrix

ENERGY STORAGE performance metrics:

• Capital cost ($/kWh)

• Cycle life

• Roundtrip Energy Efficiency

• Space footprint

• C-rate (duration)

• Usable SOC range

Lead Acid batteries are work horse for the industrial and

residential backup and provide lower capital cost solutions. Li-Ion has emerged as the

technology of choice for short duration applications & Flow

batteries are vying for a position for longer duration

applications.

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Patent History of Energy Storage Technology

PUBLICATION STATISTICS

• 614 patents were granted in the year 2014 alone in US on various energy storage technologies

• 2009 onwards there is a significant increase in patents granted each year

• Current trends indicate that the development activity in energy storage is on an exponentially increasing trend

• It is expected that the next 5-6 years energy storage will witness enormous rate of innovation and many new technologies will reach a high level of maturity

As a result of the widespread applications of batteries such as renewable integration, electric vehicles, energy management, frequency regulation, the technology is progressing at a tremendous rate.

Source: Patents online search tool.

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LITHIUM ION LEAD ACID

FLOW BATTERY ULTRACAPACITOR

Number of Patents Published (by year)

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Key Trends in Energy Storage

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Challenges in Energy Storage Innovation

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Materials & chemistries

Improving energy density

Improving power density

Improving safety

Cell / Module / System design

Finalization on cell configuration;

Cell packaging & Proto-typing

PCS / Inverter design

BMS / EMS (IT applications)

Go-to-market / Application Mapping

application & performance match

Large-scale manufacturing

Developing supply chain & recycling

Flow Batteries

Li-Ion Adv. Lead Acid

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Vision for the India Energy Storage Accelerator

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India market could grow to 20GW + for advanced storage technologies by 2020

India not only presents a large market but opportunity for Domestic Value Add &

Reduced External Dependence

Need to Foster Entrepreneurship in India & encourage collaborative IP creation

India can offer Rapid Application Development

India has the potential to become global hub for advanced energy storage

systems, particularly for South East Asia & Africa.

India is a wonderful lab. You innovate for India and the world will buy from you. – Late Prof C K Prahalad.

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Stakeholders for the India Energy Storage Accelerator

Collaborations with national & international R&D centers to optimize investment and leap frog development of next gen energy storage technologies.

Aligning focus with national priorities such as energy access, renewable integration, electric transportation

Strong linkage with industry to identify critical needs for technology breakthroughs

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India Energy Storage Accelerator

Process & Timeline

Idea selection

• Through partnerships with national and international R&D as well as through open solicitations & innovation competitions

• Ongoing process with goal of selecting 1 idea every quarter

• Actively seek for innovations that could be game changers for the industry

Seed funding,

prototyping & Mentoring

•Accelerator will provide seed funding, support infrastructure & mentoring support for selected entrepreneurs over a period of 2-3 years

•Tie ups with testing labs and R&D institutions to optimize existing infrastructure

•Possible role for government R&D funding to support high risk innovations

Scale up Investment & Commercialization

• Through investor & industry partners provide rapid scale up and manufacturing setup assistance for promising companies.

3-6 months 18-36

months 24-36

months

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Conclusion

Energy storage technologies are rapidly gaining adoption for variety

of grid applications in recent years.

India present huge market driven by need for diesel replacement,

need for power reliability, renewable integration and energy access.

India also present excellent opportunity for collaborations for R&D,

manufacturing and exports

We aim to make India Global Hub for next gen storage technologies

India Energy Storage Accelerator is seeking partnerships with global

R&D institutions and investors with goal of identifying 4-5 promising

technologies that can transform industry by 2020.

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Contact US

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Customized Energy Solutions India Pvt. Ltd.

A 501, GO Square Aundh - Hinjewadi Link Rd, Wakad Pune, Maharashtra 411057 India

Phone: 91-20-32407682 [email protected]

Customized Energy Solutions Ltd.

1528 Walnut Street, 22nd Floor Philadelphia, PA 19102 USA

Phone: +1-215-875-9440 Fax: +1-215-875-9490

[email protected]

Dr. Rahul Walawalkar Executive Director,

India Energy Storage Alliance [email protected]

US Cell: +1-516-639-5391 India Cell: +91-950-303-1765