TWAICE, NARDAC partner to provide better insurance terms for BESS using software analytics
- Admin
- Jun 19, 2024
- 1 min read
Leveraging battery data analytics can make battery storage systems operation safer, easier, and cheaper for insurance coverage. TWAICE partners with NARDAC to enhance insurance terms by combining real-time analytics and passive mitigation strategies. Despite reduced BESS failure incidents, thermal runaway severity remains high. TWAICE aims to lower safety incident risks with autonomous monitoring. The partnership aims to offer financial benefits to the energy storage markets. ACCURE and Gore Street Energy Storage Fund deploy analytics to reduce operational issues and risks of fires in BESS projects.
Source:
Want to read more?
Subscribe to vitaliydaviy.wixsite.com to keep reading this exclusive post.
