Risk Mitigation Strategies for Large-Scale Energy Storage System Projects

Original Broadcast Date: 26 May 2020

There is an undeniable rise in the importance of energy storage with expected exponential growth over the next five.
 
The benefits of ESS are vast.  They can smooth the delivery of variable or intermittent resources such as wind and solar by storing excess energy when the wind is blowing and the sun is shining and delivering it later when it is most needed. They can provide backup power during disruptions. Ultimately, ESS improve reliability and resilience, helping to integrate generation sources and helping to reduce environmental impacts. The benefits of ESS are clear, but it is necessary to understand and mitigate the various risks associated with adding an ESS to a project. 
 
In this webinar, Daniel Liang, Head of Energy Storage for Asia Pacific at UL, will identify the potential technical and financial risks in large-scale ESS projects and provide various strategies to avoid and mitigate them.