Long-term protection for energy storage assets through data-enabled insurance solutions
7 Juli 2021, 5 – 6 p.m.
The global battery energy storage system (BESS) market is booming, but there are still a significant number of factors limiting that growth. Many of these factors are linked to long-term technology risk, which has made investors hesitant. While this technology risk is sometimes only perceived, it influences the bankability of projects, leading to less attractive financing conditions and having an overall negative impact on the business case. Either assets cannot obtain any long-term financing at all, or only with very unattractive conditions.
Attending this webinar you will learn how battery analytics can eliminate a significant portion of project risk, making the project easier to insure and simplifying economics. Sebastian Becker from TWAICE and Michael Schrempp from Munich RE will demonstrate how both BESS integrators and owners can benefit from this joint approach between Munich RE and TWAICE.
- Securing the product, performance and availability of the asset to secure the business case
- Demonstrating how both BESS integrators and owners can benefit from this joint approach between Munich RE and TWAICE
- How battery analytics information can be used by insurers to secure the payback of energy storage projects