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India power market shifts toward storage as evening peaks expose a dangerous balancing gap

Business
Published on 28 April 2026
India power market shifts toward storage as evening peaks expose a dangerous balancing gap

Daytime renewables help, but evenings could run short

India’s power system is at a turning point as summer demand is growing faster than generation can flex, especially during evening peaks. Renewables handle daytime loads, but the grid struggles to balance later when power needs spike. Analysts warn that if storage capacity does not expand quickly, shortages could emerge while missed profits linger for developers who move first.

  • Rising summer demand is outpacing grid flexibility
  • Renewables cover daytime, but evening peaks create a storage gap
  • Experts warn shortages may follow if storage scales too slowly
  • Storage growth also opens new profit opportunities
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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