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Can Stealthy Atieva Pivot From Battery Builder to EV Automaker? | Greentech Media

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Can Stealthy Atieva Pivot From Battery Builder to EV Automaker? | Greentech Media A Wood Mackenzie Business news

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Battery energy storage system

A battery energy storage system (BESS), battery storage power station, battery energy grid storage (BEGS) or battery grid storage is a type of energy storage technology that uses a group of batteries in the grid to store electrical energy. Battery storage is the fastest responding dispatchable source of power on electric grids, and it is used to stabilise those grids, as battery storage can transition from standby to full power in under a second to deal with grid contingencies. Battery energy storage systems are generally designed to deliver their full rated power for durations ranging from 1 to 4 hours, with emerging technologies extending this to longer durations to meet evolving grid demands.