The stationary Battery Energy Storage System (BESS) market is expected to experience rapid growth. This trend is driven primarily by the need to decarbonize the economy and create more decentralized and resilient, ‘smart’ power grids.
Lithium-ion (Li-ion) batteries are one of the main technologies behind this growth. With higher energy density, faster charging and longer
life than traditional batteries, they provide significant benefits to BESS operators.
Without appropriate safety measures in place, though, Li-ion batteries may pose a s ...more