Supported by Shakti Sustainable Energy Foundation, New Delhi, the project aims to upscale and enhance WISE’s 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 under this project.
- 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 utilising 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.
- In continuation with its interest and focus on the state of Maharashtra, WISE also prepared a primer that provides potential opportunities for digitalization in the state. The reports were peer reviewed by key experts having vast experience in the electricity sector. The final project report, after incorporating the suggestions received, was successfully submitted during the year under review.
Following two peer reviewed research papers were prepared.
- Regulatory approach to energy storage for India.
- Managing direct benefit transfer for energy subsidies to the agricultural consumers in Maharashtra.