Quantitative risk analysis for battery energy storage sites

Energy storage white paper

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Quantitative risk assessments have shown how current safeguards and best practices can significantly reduce the likelihoods of resulting battery fires and other undesired events to levels acceptable to operator. The scope of the paper will include storage, transportation, and operation of the battery storage sites. DNV will consider experience from previous studies where Li-ion battery hazards and equipment failures have been assessed in depth.