Tag Archives: BESS

Insured warranties for battery energy storage

The ability to store electricity and use it at a later time through battery energy storage is key to achieving high levels of renewable energy on the grid.  Battery energy storage in tandem with solar provides an array of solutions in the fight to address climate change including: – Energy Independence – Intermittency of Solar […]

Battery energy storage market maturity and the empowering role of insurance

The very large number of insurance enquiries Altelium is seeing for battery projects suggest that the battery asset market has entered the ‘early majority’ stage on the classic S curve of new technology adoption. Altelium’s co-founder, Charley Grimston, has deep experience of the renewable energy market, and he sees strong comparisons between the onshore wind […]

Long term warranty insurance

Energy storage is one of the fastest growing markets in the world. According to the latest forecast from BloombergNEF (BNEF) global installations are projected to reach a cumulative 411 gigawatts (or 1,194 gigawatt-hours) by the end of 2030,  15 times the 27GW/56GWh of storage that was online at the end of 2021. The audience and […]

Fast and efficient ways of obtaining investment for the energy storage market

Altelium returns as a show sponsor for the 8th Energy Storage Summit, Europe’s largest event on energy innovation, investment and policy, on 22nd & 23rd February 2023 at Leonardo Royal Hotel, London Tower Bridge.   Charley Grimston, Altelium Executive Chairman, will be discussing ‘Fast and Efficient Ways of Obtaining Investment’ as part of a summit panel […]

COP27 corporate environmental transparency

COP27 discussions have focussed on transparency under the banner  “Together4Transparency” including discussion of “the role that information plays in reducing risks and uncertainties in order to attract financial support for action”. More details of the discussion can be found in the article from the UN: Transparency and Accountability Underpin Effective Climate Action Insurance supports action […]

Unlocking insurance expertise

Ross Kiddie is the General Manager of Altelium North America.  He joined Altelium in Spring 2022, bringing a wealth of relevant experience from his roles such as CEO of energy software firm Envinta, and President of EK&S Energy Products. In this blog post, Ross describes his deep sector experience, and tells the story of why […]

Solar and storage sector “turbo boosted”

The commercial rooftop PV market is described as “turbo-boosted” by Solar Media, reporting the sector to be experiencing “a deluge of planning applications.” Demand is coming from “national corporates seeking to meet sustainability targets, SME’s looking to offset growing energy bills, and public sector entities such as local councils and academic institutions.” Alongside solar on rooftops […]

EV World Congress

The EV World Congress is taking place on 5-6 October 2022 in London. Alex Johns from Altelium will be part of the ‘Fleet Stream’ panel from 14:00 – 14:40 pm on Wednesday 5th. The topic of the panel discussion is ‘Energy first: Establishing a connection to the grid, developing your strategy for fleet electrification and […]

World Energy Storage Day

Altelium celebrates World Energy Storage Day on September 22nd. Less than five per cent percent of electricity generated by utility companies globally is currently stored, but tripling the amount of energy storage capacity by 2050 would help limit global warming to below 2°C over the same time.    The many ways in which energy storage […]

Cenex Low Carbon Vehicle and Connected Automated Mobility Event

The Cenex Low Carbon Vehicle and Connected Automated Mobility Event took place from 7 – 8 September at The UTAC Millbrook Testing Ground. Charley Grimston, Chairman, and Alex Johns, Business Development Manager from Altelium visited the UK Government Pavilion as representatives of one of the key organisations in the energy innovation ecosystem. The UK recognised […]