Minister of power, coal and renewable energy, India
India’s energy demand is set to double by 2019, according to Mr. Piyush Goyal, India’s minister for power, coal and renewable energy. Minister Goyal is a confirmed keynote speaker at Energy Storage India in New Delhi, December 02 - 05, 2014.
"It’s a huge investment opportunity" of nearly USD $250 billion over the next four to five years, including USD $100 billion in renewables and USD $50 billion in transmission and distribution. Energy storage will play a major supporting role in this exponential growth.
In recent remarks, Minister Goyal said that the Power Ministry would look to energy storage resources to provide electricity to rural India. “We will ensure that solar power generation will touch 100 GW by 2019. Pilot projects have been set up to ensure that every house in tribal and remote areas gets electricity, and we will use large-scale storage technologies to provide power.”
Minister Goyal has also said that the country “will be a renewables superpower” – and it’s been proven that energy storage goes hand-in-hand with wind and solar.