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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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 |
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okr-10986-344932021-05-25T09:48:28Z Warranties for Battery Energy Storage Systems in Developing Countries Energy Sector Management Assistance Program BATTERY ENERGY STORAGE PHOTOVOLTAIC POWER BATTERY TECHNOLOGY WARRANTY LONG-TERM SERVICE AGREEMENT SOLAR ENERGY 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. 2020-09-21T18:36:18Z 2020-09-21T18:36:18Z 2020-08-01 Report http://documents.worldbank.org/curated/en/339531600374280939/Warranties-for-Battery-Energy-Storage-Systems-in-Developing-Countries http://hdl.handle.net/10986/34493 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Energy Study |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
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BATTERY ENERGY STORAGE PHOTOVOLTAIC POWER BATTERY TECHNOLOGY WARRANTY LONG-TERM SERVICE AGREEMENT SOLAR ENERGY |
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BATTERY ENERGY STORAGE PHOTOVOLTAIC POWER BATTERY TECHNOLOGY WARRANTY LONG-TERM SERVICE AGREEMENT SOLAR ENERGY Energy Sector Management Assistance Program Warranties for Battery Energy Storage Systems in Developing Countries |
description |
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. |
format |
Report |
author |
Energy Sector Management Assistance Program |
author_facet |
Energy Sector Management Assistance Program |
author_sort |
Energy Sector Management Assistance Program |
title |
Warranties for Battery Energy Storage Systems in Developing Countries |
title_short |
Warranties for Battery Energy Storage Systems in Developing Countries |
title_full |
Warranties for Battery Energy Storage Systems in Developing Countries |
title_fullStr |
Warranties for Battery Energy Storage Systems in Developing Countries |
title_full_unstemmed |
Warranties for Battery Energy Storage Systems in Developing Countries |
title_sort |
warranties for battery energy storage systems in developing countries |
publisher |
World Bank, Washington, DC |
publishDate |
2020 |
url |
http://documents.worldbank.org/curated/en/339531600374280939/Warranties-for-Battery-Energy-Storage-Systems-in-Developing-Countries http://hdl.handle.net/10986/34493 |
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1764481018207666176 |