Two leading developers of energy storage resources in New York explain what the industry can get excited about as the market develops – and what it should be wary of.
Cameron Murray talks to industry experts about the physical security risks to battery storage sites, and how the security and insurance aspects of operating BESS sites are evolving.
The second high-profile battery storage failure due to a faulty sprinkler system could mark the beginnings of exclusions from insurance policies if certain providers develop a negative track record, a source said.
The faulty activation of sprinkler system forced the decommissioning of the LG batteries which were eventually stolen from Terra-Gen’s Valley Center BESS in California, the company told Energy-Storage.news.
Some proposed battery storage projects have been cancelled in the US and Canada since the start of this year, after facing opposition from local communities.