Developments in the lithium battery storage industry

Lithium-ion energy storage industry is developing rapidly, the advantages of lithium battery packs in the field of energy storage are analyzed. The energy storage industry is one of the fast-growing new energy industries in the world today, and the innovation and research and development in this industry has led to a rapid development phase of lithium battery packs in the energy storage market is expected. With the battery technology to make lithium battery cost reduction, energy density, and energy storage industry business model continues to mature, the energy storage industry will usher in a big development, is expected to continue the boom cycle of lithium equipment. In this article, we will analyze the trend of the development of the lithium-ion energy storage industry.

What is the development status of lithium battery energy storage industry in China?

01.The lithium battery energy storage market has a huge total capacity, the

The potential on the user side is also huge.

At present, the application of lithium battery mainly includes large-scale wind energy storage, communication base station backup power and family energy storage. In these areas, the communication base station back-up power supply occupies a major proportion, while the family energy storage by the Tesla "energy family" driven, there is a lot of room for development. Large-scale wind energy storage currently has limited development momentum.

 Reports show that by 2030, the annual output of electric vehicles will increase to 20 million, the use of lithium battery recycling will significantly reduce the cost of energy storage industry, the rapid development of new energy vehicles will also significantly promote the expansion of lithium energy storage industry.

Lithium battery energy storage - technology is increasingly mature, the overall cost continues to decline.

Battery performance is evaluated by five main indicators: energy density, power density, safety, charging speed and resistance to temperature changes in the environment. At present, China has initially met the standard in the latter four aspects of lithium battery pack technology, but further process improvements are still needed in energy density, and we look forward to future progress.

 Although the high price of lithium batteries is the main challenge facing the industry, many companies have been working to improve the cost-effectiveness of lithium-ion batteries. Overall, the mass production of lithium batteries has led to year-on-year cost reductions in recent years as market demand for lithium batteries continues to grow. The current price is sufficient for commercial development and wide application. In addition, power lithium batteries can be gradually transferred to the field of energy storage for reuse after their capacity has been reduced to less than 80% of the initial level, thus further reducing the cost of lithium battery packs for energy storage.

02.Development in the field of lithium battery energy storage:

The lithium-ion battery energy storage market has great potential, and the energy storage technology continues to progress. With the development of new energy internet, the demand for lithium-ion battery energy storage for large-scale centralized renewable energy, distributed power generation and microgrid power generation, and FM auxiliary services continues to grow. 2018 will be the starting point for the outbreak of commercial application, and the lithium-ion battery energy storage market is expected to enter a rapid development stage. In the next five years, the cumulative demand for lithium-ion battery energy storage will reach 68.05 GWH.The overall capacity of the lithium-ion battery energy storage market is sizable, and the user side has great potential.

 It is expected that by 2030, the demand for lithium-ion batteries for energy storage is expected to reach 85 billion GWH. With a price of 1,200 yuan per unit of energy storage system (i.e., lithium battery), it is expected that the size of China's wind energy storage market will be expected to reach 1 trillion yuan.

Development and market prospect analysis of lithium battery energy storage system:

In recent years, China's energy storage market has diversified and shown good momentum: pumped storage has developed rapidly; compressed air energy storage, flywheel energy storage, superconducting energy storage, etc. have also been promoted.

 Lithium battery energy storage is the main form of future development, lithium battery energy storage technology is developing in the direction of large-scale, high-efficiency, long-life, low-cost, non-polluting. So far, for different fields and different needs, people have proposed and developed a variety of energy storage technologies to meet the application. Lithium-ion battery energy storage is currently the most feasible technology route. Lithium iron phosphate battery packs have relatively high energy density and strong range, and 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 to be used in energy storage.

 From the perspective of long-term development of the market, as lithium battery costs continue to decline, lithium energy storage routes applicable to a wide range, coupled with China's policy to promote one after another, the future energy storage market has the most potential for development.

Analysis of the advantages of lithium battery packs in energy storage:

1. lithium iron phosphate battery pack energy density is relatively high, range, and with the application of lithium iron phosphate cathode materials, the traditional carbon anode lithium-ion battery life and safety has been greatly improved, preferred application in the field of energy storage.

2. Long cycle life of lithium battery packs, in the future to improve the energy density is relatively low, range is weak, high price of these shortcomings make the application of lithium batteries in the field of energy storage possible.

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

4. global lithium battery pack energy storage system in technology accounted for a lot more than other battery energy storage systems, lithium-ion batteries will become the mainstream of the future energy storage. 2020, the market for energy storage batteries will reach 70 billion yuan.

 5. driven by national policy, the demand for lithium batteries in the field of energy storage is also growing rapidly. by 2018, the cumulative demand for lithium-ion batteries for energy storage reached 13.66Gwh, which has become the subsequent force to promote the growth of the lithium battery market.


Post time: Apr-10-2024