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With the price of BESS continuing to fall, there is an ongoing discussion in the industry around the limitations of manufacturer warranties and how analytics can unlock untapped revenues.
Australia’s Energy Queensland, a government-owned distribution system operator, has partnered with cloud-based battery analytics provider ACCURE Battery Intelligence to monitor two 8MWh batteries in Queensland.
Valentin Lorscheid and Dr. Kai-Philipp Kairies of ACCURE Battery Intelligence propose ways in which BESS warranties can be reformed as the industry matures.
Battery storage warranties are complex and inflexible and can add ‘prohibitive’ costs and risks for some asset owners, according to ACCURE Battery Intelligence.
Another edition of our irregular news in brief feature: Eos Energy Enterprises closes a US Department of Energy loan deal, UBS picks an AI-driven asset optimiser and financial close for a solar-plus-storage project at an Arkansas steel rebar plant.
Specialist renewable energy insurance company kWh Analytics considers thermal runaway to still be the single most important risk that energy storage system developers must consider.