Fire at shang energy storage company

Will China's energy storage bloom be disturbed?

China’s energy storage bloom is unlikely to be disturbed in the long run, but the explosion in Apr. 16 brought clear short-term negative impacts on the nascent battery storage sector. Investment opportunities lie in safer energy storage technology or alternatives, especially those suitable to utility scale and long-form storage.

Where can I find information on energy storage safety?

For more information on energy storage safety, visit the Storage Safety Wiki Page. The BESS Failure Incident Database was initiated in 2021 as part of a wider suite of BESS safety research after the concentration of lithium ion BESS fires in South Korea and the Surprise, AZ, incident in the US.

What happened at California's largest battery storage plant?

A fire at the world’s largest battery storage plant in California destroyed 300 megawatts of energy storage, forced 1200 area residents to evacuate and released smoke plumes that could pose a health threat to humans and wildlife.

What are other storage failure incidents?

Other Storage Failure Incidents – this table tracks incidents that do not fit the criteria for the first table. This could include failures involving the manufacturing, transportation, storage, and recycling of energy storage. Residential energy storage system failures are not currently tracked.

What are the different types of energy storage failure incidents?

Stationary Energy Storage Failure Incidents – this table tracks utility-scale and commercial and industrial (C&I) failures. Other Storage Failure Incidents – this table tracks incidents that do not fit the criteria for the first table. This could include failures involving the manufacturing, transportation, storage, and recycling of energy storage.

Did China's Investment hype cloud the development of battery storage?

Notably, the accident took place just two weeks after a fire broke out in an LG Chem battery unit in S. Korea. Safety is one of the chokepoints of the global development of battery storage. In China, the investment hype on electrochemical energy storage in recent years might have clouded the issue.