North America needs to deploy record-breaking levels of energy storage in pursuit of a low-carbon energy system. But how can the storage industry reduce the risks surrounding what is still an emerging technology?
Investors still have limited experience of battery storage and are rightly concerned about a range of risks associated with the technology. For the energy transition to proceed at the speed required, these risks need to be understood and mitigated as quickly as possible.
To help assess the challenges involved in energy storage risk mitigation, the global independent safety science company UL convened a Wind Investment Boardroom event in November 2021, featuring a range of clean energy experts. This paper captures the main themes and conclusions of the discussion.
Thank you to the panellists for their contribution:
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