How insurance can narrow the valley of death [partner content]

Catalyst · 15 Oct 2025 · 26m

What this episode covers

Jamie Daggett, energy storage and fuel cell lead at Ariel Green, explains how performance insurance bridges the 'valley of death' for clean energy startups by transferring technology risk from unproven suppliers to creditworthy insurers like Lloyd’s of London. He details the fallout from Powin Energy’s bankruptcy, noting that insured projects with Invenergy remained protected while others faced exposure, and discusses how the Moss Landing fire accelerated industry shifts toward LFP chemistry and containerized designs. Daggett also outlines the emerging risks and insurance requirements for long-duration storage technologies like flow batteries and sodium-ion systems.

Mentioned

Companies
Ariel Green, Powin Energy, Lloyd’s of London, Invenergy, FlexGen, ESS, Form Energy, Invinity, Tesla, KKR, NFPA
Products
Moss Landing
Tools
UL 9540 A

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