Under the project, WISE aimed to upscale and enhance its institutional capacities and leverage it towards benefitting and strengthening power sector utilities, especially in meeting the emerging disruptive technological innovations and challenges in the sector. WISE developed three research documents/approach papers on 1) Direct Benefit Transfer (DBT) of electricity subsidy, 2) new regulatory framework for energy storage technologies, and 3) a primer on digitalisation opportunities in Maharashtra.
The direct benefit transfer study focuses on the agricultural sector in Maharashtra and aims to develop an approach paper on new DBT power supply models that would transfer the agricultural subsidy directly to the farmers while utilizing the benefits of government schemes. The second approach paper on regulatory models for energy storage aims to review and analyse the challenges related to definition and asset classification of energy storage in grid applications and suggest new regulatory models to allow bulk energy storage providers to monetize multiple value streams, in addition to claiming fixed capacity payments under specific service types. Both the approach papers were peer reviewed. In continuation with its interest and focus on the state of Maharashtra, WISE is also preparing a primer that seeks to suggest potential opportunities for digitalization in the state.
The project is supported by Shakti Sustainable Energy Foundation, New Delhi.