Project Objective:
Demonstrate Techno-economic feasibility of Demand Side Energy Management with multiple Power distribution companies
Project End Beneficiary:
Utility companies, Consumers, Power companies, Energy Regulators
Role of RICH:
RICH shall oversee the project implementation in India.
- Work with utilities on awareness creation, onboarding industries, designing use cases and studying the techno-commercial feasibility of ADR
- Pursue policy and regulatory advocacy with Energy sector regulators and liaison with utilities
Funding Partner:
Ministry of Foreign Affairs, Norway.
Impact:
- Improve grid stability and enhances integration of RE into the grid
- Blueprint for the large-scale roll-out of demand-side energy management in India
- Improves ROI for distributed energy asset owners like EV’s, Battery Energy storage systems, HVAC etc.
- Defer capital investments into grid upgrades by better managing demand side resources
- Come up with Policy and Regulatory guidelines based upon the project learnings
Project Partners
