Warranties for Battery Energy Storage Systems in Developing Countries
In developing countries, battery storage is becoming a viable way to increase system flexibility and enable more integration of variable renewable energy. Battery energy storage systems (BESS) respond rapidly to control signals, are easy to deploy,...
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| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/339531600374280939/Warranties-for-Battery-Energy-Storage-Systems-in-Developing-Countries http://hdl.handle.net/10986/34493 |
| Summary: | In developing countries, battery storage
is becoming a viable way to increase system flexibility and
enable more integration of variable renewable energy.
Battery energy storage systems (BESS) respond rapidly to
control signals, are easy to deploy, and are benefiting from
cost reduction trends. New battery technologies have
valuable attributes that are well suited to the needs of
developing countries. However, they have a rather short
track record in terms of deployment and operation, and this
can hamper efforts to reassure buyers and investors that
these new technologies will perform reliably over their
project life. Conditions found in some developing countries
may present extra challenges as energy storage systems need
to operate in harsh climate conditions, often in remote
locations with limited data access. Warranties for BESS
provide mechanisms for buyers and investors to mitigate the
technical and operational risks of battery projects, by
transferring the risk of a manufacturing defect or
performance issues to the manufacturer or the battery
vendor. Warranties are used in the same way for traditional
generation technologies, such as solar photovoltaic (PV) and wind. |
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