Fire Protection Blog Firetrace Fire Suppression System

With billions of dollars being invested in the deployment of battery storage, it’s vital that asset owners take steps to protect against fire risk.

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The vast majority of wind farm owners and operators only consider fire risk after a fire event, and many make assumptions that insurers will cover all fire-related losses. A total of 75% of renewable energy companies that own or operate wind farms only begin to seriously consider fire risk after they’ve actually experienced a fire, according to statistics from Firetrace International. By addressing this issue so late, companies could run the risk of not being able to insure assets or experience significant rate increases at a location where there has already been a fire.

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Wind farms located offshore are difficult to access and harder to repair. Consequently, the financial impact of offshore turbine fires can be much more significant than onshore incidents.

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Solar is set to account for almost half of all new US electricity generation capacity this year and next year, with three states leading the way. As US solar capacity is set to overtake wind for the first time, solar operators must do everything possible to protect assets from fire.

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The Inflation Reduction Act (IRA) will lead to the development of 550GW of new, utility-scale clean power by 2030 – with an enormous amount of wind and solar farms set to be deployed, steps must be taken to protect personnel and assets from fire risk, which is often underestimated and overlooked.

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Despite the fact that wind turbine and photovoltaic fires can be catastrophic, the clean energy industry has been slow to address fire risk. This lack of foresight is particularly surprising when you consider both the prevalence and the financial cost of fire incidents in the clean energy industry. However, research suggests that the renewables industry is greatly underestimating the level of fire risk it faces.

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