Energy Storage System Purchasing Considerations

Should a power purchase agreement include a battery energy storage system?

So, as you’re drafting the power purchase agreement, you make sure to pencil in a battery energy storage system into the budget and move on to more important details. This is a flaw that many attorneys make when contracting with renewable energy companies where a battery energy storage system is included in the terms.

What is a battery energy storage system checklist?

Checklist provides federal agencies with a standard set of tasks, questions, and reference points to assist in the early stages of battery energy storage systems (BESS) project development.

Does a power contract cover energy storage?

In the context of a solar project, the power contract covers both the solar and energy storage systems, as they are typically treated as a single system. There is a natural synergy between the two.

What are the safety requirements for energy storage technologies?

Safety: Minimum safety and operating requirements are common considerations for energy projects. Energy storage resources present additional safety concerns given their unique technological profiles. For battery storage technologies in particular, safety requirements should adequately address fire risks.

How to choose a battery energy storage unit?

First and foremost, the parties must decide upon the type of battery energy storage unit they will be utilizing. As previously discussed, the utilization of lithium-ion batteries is currently the popular form of battery storage. However, there are other types of BESS both in current operations and that are being developed.

Why is energy storage important?

Like transmission, energy storage can help to manage supply and demand over broad areas of the electric system because it can provide both generation and load by converting excess electric power into another medium to be stored for later use.