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Market Insight

New battery fire shows that the energy storage industry can’t shake safety concerns

September 04, 2019  | Subscribers Only

Julian Jansen Julian Jansen Research & Analysis Manager - Energy Storage, IHS Markit
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After the government-led investigation into battery energy storage system fires in South Korea concluded in June 2019, the operation of systems resumed under new safety parameters and with a view to develop stricter installations and operation standards. While the industry expected demand to re-emerge in the South Korean market, the latest fire casts fresh uncertainty and highlights the depth of safety problems.

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