| | May 20178CIOReviewBy Manoj Kumar Upadhyay, Founder & Chairman, ACME Grouplimate change which is closely related to increased energy consumption is one of the major problems that the world is facing now. At the same time one can't stop the growing demand for energy and its needs. Existing Energy systems heavily depend on fossil fuels such as coal, gas and oil. On a long term perspective this is not only unsustainable but because of release of huge amounts of carbon dioxide and other greenhouse gasses, also cause global climate change. The energy segment is therefore seeking alternate sources in the form of renewable energy. Growing level of integration of renewable energy sources on to the main grid and given their intermittent nature makes it imperative to bring in Energy Storage solutions (ESS) in Indian context. Grid stability becomes a major issue when there is substantial addition of energy through renewable sources, which are intermittent in nature. Energy Storage can play key role in grid stabilization through operations such as frequency response, peak shaving and time shifting. Energy forecasting which could become a major requirement with increased level of Renewable can be made possible by having ESS in place. Apart from the large scale grid level storage systems, equal importance has to be given towards distributed storage systems at residential & micro grid level that can also bring energy independence to individual users. Another important segment where energy storage brings value is EV to building or EV to Grid. With aggressive plans across the world to introduce Electric Vehicles, this segment is going to clearly influence the Energy storage markets. Energy storage uses various methods to store excess energy to be used at a later time which in turn allows the energy providers to balance between the demand and supply. A number of devices and media are used CEnergy Storage Technology- The Future of Energy Sector IN MY OPINIONHeadquartered in Gurgaon, Haryana, ACME Cleantech Solutions is a provider of solutions for the wireless telecommunications as well as integrated infrastructure solutions. The company also delivers Lithium-ion based Energy Storage Solutions for alternate energy sector.Manoj Kumar Upadhyay,
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