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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Main Author: Energy Sector Management Assistance Program
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/339531600374280939/Warranties-for-Battery-Energy-Storage-Systems-in-Developing-Countries
http://hdl.handle.net/10986/34493
id okr-10986-34493
recordtype oai_dc
spelling 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
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic BATTERY ENERGY STORAGE
PHOTOVOLTAIC POWER
BATTERY TECHNOLOGY
WARRANTY
LONG-TERM SERVICE AGREEMENT
SOLAR ENERGY
spellingShingle 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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