European energy storage is still held back by regulation but Greece is a bit further ahead, specialist battery insurance group Altelium told Energy-Storage.news while discussing take-up of its new product.
Specialist insurer Altelium has launched a new ‘all risk’ battery energy storage system (BESS) insurance solution, in partnership with global insurer and reinsurer MS Amlin.
A panel of leading developers, technology and service providers and the finance community discuss the economic opportunities — and challenges — of deploying and operating front-of-the-meter battery storage in the US.
US energy storage safety expert advisory Energy Storage Response Group (ESRG) was created through a meeting of minds from the battery industry and fire service. Andy Colthorpe speaks with ESRG principal Nick Warner and business manager Ryan Franks on what the industry needs to do to win the trust of firefighters, code officials and other stakeholders including banks and insurers.
After a power failure and fire at a battery storage system in South Korea was investigated, DNV GL has reported that “current approaches” for monitoring and preventing fires may be inadequate and could result in “small failures” becoming “major issues”.
The rapid acceleration in energy storage deployment expected over the coming years will require innovation in the quality and safety standards underpinning new battery and associated technologies. VDE’s Jan Geder looks at the technical work underway to ensure the coming storage boom has firm bankability and insurability foundations.
