What happens if a battery energy storage system (BESS) falls below its guaranteed capacity in year six? The owner negotiated the performance guarantee seven years ago, and that performance guarantee may be set in the Supply Agreement or it may be set in the Long-Term Service Agreement (LTSA). More and more original equipment manufacturers (OEMs) […]

The post BESS Bankability: Managing Commercial Risk in Utility-Scale BESS Projects appeared first on POWER Magazine.

via POWER Magazine https://ift.tt/bUYhxas