Will China's energy storage bloom be disturbed?

China’s energy storage bloom is unlikely to be disturbed in the long run, but the explosion in Apr. 16 brought clear short-term negative impacts on the nascent battery storage sector. Investment opportunities lie in safer energy storage technology or alternatives, especially those suitable to utility scale and long-form storage.

Why is mobile energy storage important?

Energy storage plays a crucial role in enhancing grid resilience by providing stability, backup power, load shifting capabilities, and voltage regulation. While stationary energy storage has been widely adopted, there is growing interest in vehicle-mounted mobile energy storage due to its mobility and flexibility.

What happened at Beijing Dahongmen energy storage station?

An explosion occurred upon opening the compartment door, resulting in injuries to 8 firefighters . On April 16, 2021, an explosion occurred at the Beijing Dahongmen energy storage station, resulting in the loss of two firefighters and one staff member .

Did China's Investment hype cloud the development of battery storage?

Notably, the accident took place just two weeks after a fire broke out in an LG Chem battery unit in S. Korea. Safety is one of the chokepoints of the global development of battery storage. In China, the investment hype on electrochemical energy storage in recent years might have clouded the issue.

How does high explosive power affect venting efficiency?

Therefore, under high explosive power, the internal gas of vessel cannot be vented timely, and the higher reduced explosion pressure leads to lower venting efficiency. The venting efficiency decreases as the increases of vent panel's mass.

What happened at an APS battery energy storage station?

In April 2019, a fire broke out at a battery energy storage station deployed by APS in Peoria, Arizona, USA. An explosion occurred upon opening the compartment door, resulting in injuries to 8 firefighters .