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Standalone Energy Storage Systems (ESS) are becoming the backbone of India’s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics.
It was billed as Europe’s largest battery storage project when it became operational at the end of 2014 and was revolutionary thanks to its technology providing a range of benefits to the wider electricity system, including absorbing energy then releasing it to meet demand. 6. Fluence Advancion Energy Storage Systems
Energy storage technology allows for a flexible grid with enhanced reliability and power quality. Due to the rising demand for energy storage, propelled further by the need for renewable energy supply at peak times, energy storage facilities and producers have grown tremendously in recent years.
It has 9.4GW of energy storage to its name with more than 225 energy storage projects scattered across the globe, operating in 47 markets. It also operates 24.1GW of AI-optimised renewables and storage, applied in some of the most demanding industrial applications.
While utilities, grid operators or third-party entities can own and deploy Standalone ESS, innovative new business models are emerging. Energy Storage as a Service (ESaaS) lowers the entry barrier for users by offering storage as a service through subscription or pay-per-use arrangements.
Energy storage is integral to renewable integration and grid resilience, and Standalone ESS will play a defining role in shaping a reliable and flexible energy system,” says the report’s contributing author, Charith Konda, Energy Specialist - India Mobility and New Energy, IEEFA.
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