Li-ion Battery Breakthrough in Energy Storage

With the development of society, China’s demand for energy continues to grow. Foreign countries attach great importance to the research and development of large-scale energy storage systems. China also attaches great importance to the development of energy storage technologies, and takes energy storage technology as its research focus. Energy storage technology is developing in the direction of large-scale, high efficiency, long life, low cost, and pollution-free. In this process, Lithium-Ion Battery Energy Storage System is of great significance.

Lithium-Ion Battery Energy Storage System

First, lithium-ion battery energy storage

So far, according to different fields and different needs, people have proposed and developed a variety of energy storage technologies to meet applications. Lithium-ion battery energy storage is currently the most feasible technical route.

Lithium-ion batteries have the advantages of high energy density, small self-discharge, high safety performance, no memory effect, wide operating temperature range, fast charge and discharge, long service life, and no environmental pollution. At present, Lithium Iron Phosphate Battery, lithium titanate and lithium manganate are mainly used in the smart grid field in lithium-ion batteries.

The lithium iron phosphate battery has a relatively high energy density and strong endurance. With the application of lithium iron phosphate anode materials, the life and safety of traditional carbon anode lithium-ion power batteries have been greatly improved, and they are preferred for energy storage applications.

The short cycle life of lithium titanate, the relatively low energy density, weak endurance, and high price in the future make lithium titanate battery applications in the energy storage field possible.

Lithium manganate batteries have good rate performance and are relatively easy to prepare. In the future, the shortcomings of improving high temperature performance and poor cycle performance are more conducive to applications in the field of energy storage.

Market prospects of lithium-ion battery energy storage technology

Since 2015, the global lithium battery energy storage system has a higher technical proportion than other battery energy storage systems, and lithium-ion batteries will become the mainstream of future energy storage. Statistics show that lithium-ion batteries accounted for 50% of new energy storage solutions in 2016. In 2020, the market for energy storage batteries will reach 70 billion yuan. By 2025, lithium-ion batteries are expected to continue to dominate, accounting for 80% of global power battery energy storage deployments.

Driven by national policies, the demand for lithium batteries in the energy storage field is also growing rapidly. By 2018, the cumulative demand for lithium-ion batteries for energy storage has reached 13.66 Gwh, becoming a follow-up force to promote the growth of the lithium battery market.

Due to the continuous maturity and innovation of new materials development and production technology for lithium-ion batteries, as well as the active participation of relevant scientific research institutions and industries, lithium-ion batteries have significant advantages such as high specific energy, long cycle life, and environmental protection at low cost. Has become the main supporting power supply of various advanced energy storage products.

Since 2015, a number of specialized energy storage companies have been established in China, with planned energy storage production capacities exceeding 100,000 kilowatts. At present, the global annual demand for lithium-ion batteries has reached 1.3 billion, with annual sales of 27 billion US dollars. As the mainstream technology route of the future, lithium-ion batteries are beyond doubt.

With the continuous development and application of lithium-ion batteries, it will become an ideal choice for a series of major high-tech applications such as energy storage.

The above is the breakthrough of lithium-ion batteries in the field of energy storage introduced by Lithium Iron Phosphate Battery Manufacturer.