Products: n/a. Risk band: High
RobotRisk index 61.7/100 (severity- and time-weighted incidents) · ranked 1 of 7 among Energy storage companies with incidents (227 tracked).
Analyst brief
LG Energy Solution's record spans five entries from 2019 to 2025, including one fatality (a 2025 worker death at the Holland, Michigan plant), two fires of severity 4 (the 2025 Moss Landing BESS fire and the 2019 APS McMicken explosion injuring four firefighters), a severity-3 fire tied to 2019 South Korea ESS incidents, and a 2021 recall following thermal events. Fire and thermal-event entries dominate the record, consistent with the failure mode most associated with lithium-ion energy-storage cells, and the presence of a fatality alongside multiple fire events across a six-year span indicates a sustained pattern rather than a single occurrence. LG Energy Solution's index of 61.7 ranks 1 of 7 companies in Energy storage with incident history. The record mixes regulator-driven action (the 2021 recall) with press-driven incident reporting (fires, the fatality), and shows no improving trajectory across the observed years.
Risk index
61.7/100RobotRisk index
23.5/100Median index across the 7 Energy storage companies with incident history (227 tracked, 220 with none)
1 of 7Rank in Energy storage (of 7 with incident history)