Yes, it is. It's not a typical safe mode, but we have a known technical issue standing behind it, which is quite serious.
I remind you that the expected lifespan of the spacecraft was supposed to be about 3 years.
There's an interesting discussing going at novosti-kosmonavtiki.ru forum. As we already know: We have faulty chemical batteries, but the scientific instruments and the other components are healthy. Standart questions are being asked: Who is the contractor responsible for the batteries? Why did they allow the satellite to fly with such faulty batteries? Who is to blame? After all, a reader says, SOHO was launched in 1996 and still works, it's the same situation with STEREO and HINODE.
There is a possibility, another reader says, that the batteries are OK, but a sensor has faltered.
Another reader offers that a system should be built so we could collect faulty satellites and return them to the Earth
Why not on-orbit repair, I should ask
Very, very interesting forum, too bad my spoken Russian isn't fluent