Like EV batteries, ESS battery systems are highly regulated and subject to stringent certification and testing requirements. The difference in regulation is evident in vehicle statistics. Worldwide, for the first half of 2023, EV FireSafe cites 500+ light electric vehicle (E-bike and E-scooter) battery fires, but only 44 passenger EV fires.
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Approximately 16 states have adopted some form of energy storage policy, which broadly fall into the following categories: procurement targets, regulatory adaption, demonstration programs, financial incentives, and consumer protections. Below we give an overview of each of these energy storage policy categories. Procurement Targets
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