Battery storage plays an important role in adding resilience to energy networks. But it should also be remembered that natural catastrophes can affect BESS resources too, writes Ross Kiddie of bespoke battery insurance company Altelium.
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.
As the building blocks of energy storage systems, batteries have a key role in influencing system design and economics. Davion Hill of DNV GL explores the importance of testing the performance of individual battery cells in minimising the exposure of battery buyers to technical risks