Why BESS performance guarantees are more complex than they seem
AI-summarised brief · reviewed before publication
Energy storage project developers are facing challenges with battery energy storage system (BESS) performance guarantees. These guarantees, essential for project financing, can be complex and difficult to navigate. A recent case study highlights the issue, where a project's actual cycling pattern did not align with the supplier's degradation model, leading to a gap between the guaranteed performance and actual needs. This discrepancy can result in oversizing and higher project costs, affecting project viability.