Under the large-scale application stage of lithium batteries, the development of lithium battery energy storage industry has also been strongly supported by governments. The advantages of more obvious energy storage lithium iron phosphate batteries began to go to the public. The total capacity of lithium battery energy storage market is very considerable, and the potential of the user side is huge.

Lithium battery energy storage status:

As a new energy power, China‘s new energy industry has developed rapidly in recent years, and the energy storage field has also been closely watched. In the face of huge market demand and potential, domestic lithium battery energy storage companies are ready for a sleeping lion.

The total capacity of lithium battery energy storage market is very considerable, and the potential of the user side is huge.

In the current lithium battery energy storage application field, the three major areas of energy storage are: large-scale landscape energy storage, backup power supply of communication base stations, and home energy storage. Among them, the backup power supply field of communication base stations currently accounts for a large proportion, and home energy storage has a large space for further development and expansion through the "energy home" wave set off by Tesla, and large-scale scenery energy storage seems to have little momentum in the short term.

Lithium battery energy storage technology is approaching maturity, and the cost is generally reduced:

Overall, in recent years, as the market demand for lithium batteries continues to expand, the cost of large-scale production of lithium batteries is declining year by year, and the current price is enough to be commercialized and widely used. In addition, after the power lithium battery decays to less than 80% of the initial capacity, it can be used in the field of energy storage, further reducing the cost of energy storage lithium batteries.

At present, lithium battery energy storage technology is still in the stage of continuous breakthrough, there is still room for narrowing the technological gap at home and abroad, there are lithium iron phosphate batteries to ternary lithium batteries, and then to the current hot lithium titanate materials, technological changes always affect the cost of lithium batteries and the balance of the industrial chain, so investors have to face the risk of technological upgrading when they put into production in large quantities.

Advantages of lithium batteries in the field of energy storage:

Driven by strong social development needs and huge potential market, lithium battery pack energy storage technology is developing in the direction of large-scale, high efficiency, long life, low cost and no pollution. Lithium battery energy storage is the most feasible technical route at present.

1. Lithium iron phosphate battery has relatively high energy density and strong endurance, and with the application of lithium iron phosphate anode materials, the life and safety of traditional carbon negative lithium-ion power batteries have been greatly improved, and it is preferred to be used in the field of energy storage.

2. The cycle life of lithium batteries is long, and the shortcomings of improving the energy density, weak endurance and high price in the future make the application of lithium batteries in the field of energy storage possible.

3. Lithium battery rate performance is good, preparation is relatively easy, in the future to improve the high temperature performance and poor cycle performance and other shortcomings more conducive to the application in the field of energy storage.

4. The global lithium battery energy storage system accounts for a much higher proportion of technology than other battery energy storage systems, and lithium-ion batteries will become the mainstream of future energy storage. By 2020, the market for energy storage batteries will reach 70 billion yuan.

5.Clean and pollution-free. Lithium batteries do not contain lead, cadmium, mercury and other toxic substances, and because the battery must be well sealed, very little gas is released during use, not causing pollution to the environment.

The main role of energy storage technology in power system has been paid more and more attention with the development of power system reform and smart grid construction. Whether from the perspective of domestic or international market, the prospects of lithium energy storage market are very broad. Based on the advantages of lithium batteries in the field of energy storage applications, and can find new "places to use" for the eliminated power lithium batteries, major companies have begun to layout the energy storage market.

For more information, please refer to: Xuanli Electronics