Tamarindo’s Post

Expert Panel: ‘Some utility-scale storage assets adhering to outdated safety standards’ Older utility-scale storage systems are built in accordance with now obsolete safety codes & standards, experts say, while there is a lack of information about the root cause of storage failures. - Fire risk associated with some storage system components ‘being overlooked’ - Regulators struggling to keep pace with ever-evolving storage industry Members of the expert panel: Daniel Sherlock-Burke, AMEI (Gore Street Capital); Lakshmi Srinivasan (EPRI); Jackie Huynh (Pacific Northwest National Laboratory); Drew Lebowitz (PowerSwitch); and Brian Cashion, PMP (Firetrace International, a Halma Company). Moderator: Ben Cook (Tamarindo/Energy Storage Report) To read the full article, click here: https://hubs.la/Q02T29K20 #energystorage #batterystorage #risk #insurance #firesafety #batteries

Sonnedix CEO: ‘We need clarity on storage revenue streams’ Chile, Iberia and Italy offer major opportunities for storage development, says Sonnedix head Axel Thiemann, but clarity on revenues and price structures is vital to maximise investment potential. - Clarity on revenues and price structures is vital in order to maximise potential for investments, says Thiemann - Storage industry is alert to potential storage fire risks and is focussed on running batteries in the ‘safest possible way’, he adds - Lithium-ion batteries are currently best option, but ‘hopefully’ a viable alternative is found, Thiemann says. - Storage permitting could be faster, particularly in Europe, Sonnedix CEO adds Interview with Ben Cook To read the article in full, click here: https://hubs.la/Q02S7hk40 #energystorage #batterystorage #solar #renewableenergy #china #spain #iberia #italy #japan #banking #finance #firesafety #batteries

Energy storage’s ‘opaque’ supply chains mean reputational risks abound... New report says ‘opaque’ storage sector supply chains make it difficult for asset managers to assess risk, with China’s dominance of the storage supply chain posing problems – reputational risk is a concern, with the most sophisticated companies operating in the storage sector putting ‘reputation management’ plans in place. - China’s dominance of storage supply chain poses potential problems for asset managers - Tesla has previously had to reassure investors that it has a ‘zero-tolerance policy’ regarding child labour - Non-compliance with battery supply chain regulations could lead to huge fines or imprisonment - Most sophisticated companies operating in the storage sector are putting ‘reputation management’ plans in place By Ben Cook To read the article in full, click here: https://hubs.la/Q02RkCBq0 #energystorage #batterystorage #supplychain #china #esg #australia #chile #batterires #slavery #childlabour #japan #southkorea #corruption #bribery #riskmanagement #reputationalrisk #pr #publicrelations #usa Infyos International Energy Agency (IEA)

Data centres: How they could disrupt the lithium-iron storage market... The global data centre industry is a major polluter and has a need for energy storage systems with excellent sustainability credentials – study indicates sector favours sodium-ion & nickel-zinc batteries, rather than lithium-iron batteries, when considering sustainability - The global data centre industry could be valued at $506bn by 2030 - But the sector is a major polluter and is responsible for more greenhouse gas emissions than commercial airlines - Consequently, data centre industry has need for energy storage systems with ‘excellent’ sustainability credentials - Data centre industry favours sodium-ion & nickel-zinc batteries – rather than lithium-iron batteries – when considering sustainability By Ben Cook To read the article in full, click here: https://hubs.la/Q02QzgzF0 #energystorage #batterystorage #batteries #datacentres #sustainability #greenhousegases #pollution McKinsey & Company Google Amazon Facebook IBM Microsoft International Energy Agency (IEA) ZincFive, Inc.

Expert panel: ‘Human error’ undermining energy storage risk mitigation... There is a tendency in the storage sector to underestimate risks, an expert panel concludes, with cost of litigation and damages for bodily injury ‘increasing significantly’. - Fire incidents ‘fuelling community opposition to storage projects’ - Sector needs to ‘develop better understanding of plumes’ - Fires in components such as DC-DC converters more common than widely thought, experts say Members of expert panel: Landis Knorr (GCube Insurance); Michael Kleinberg (DNV); Russ Taylor (MDP Insurance); Kartik Gandhi (Firetrace International, a Halma Company). Moderator: Ben Cook (Tamarindo/Energy Storage Report) To read the full article, click here: https://hubs.la/Q02PQ0Sr0 #energystorage #batterystorage #risk #insurance #fire #firesafety #batteries Landis K.

US energy storage: The current state of play... New data reveals the top five companies by US operating capacity – plus a list of five major projects scheduled to go live this quarter. - Revealed: Top 5 companies by US operating capacity - US storage capacity increased 87% year-on-year in Q2 2024 - California is the leading US state by storage capacity - Five to watch: List of major projects scheduled to go live this quarter By Ben Cook To read the full article, click here: https://hubs.la/Q02NX4_g0 #energystorage #batterystorage #usa #california #newengland #massachusetts #texas #arizona #nevada #florida #china #batteries NextEra Energy Resources NextEra Energy, Inc. ENGIE North America Inc. ENGIE Axium Infrastructure Plus Power Terra-Gen, LLC LS Power ERCOT WECC Ørsted Longroad Energy Enel Green Power Jupiter Power Clēnera UBS Asset Management UBS