Application advantages and development of LiFePO4 batteries/pack

China has become the country with the largest demand for LiFePO4 batteries/packs in the world. Especially from 2012 to 2013, the growth rate was close to 200%. In 2013, the transaction volume of LiFePO4 batteries/pack in China was about 5,797 tons, and the global transaction volume exceeded 50. So, do you know what are the application advantages of the popular LiFePO4 batteries/pack? What about future development?

Here is the content list:

l What are the application advantages of LiFePO4 batteries/pack in an energy storage system?

l LiFePO4 batteries/pack is expected to become an important development direction of energy storage batteries in the future.

l In the future, the LiFePO4 batteries/pack market may have a substantial rise.

What are the application advantages of LiFePO4 batteries/pack in an energy storage system?

First, the LiFePO4 batteries/pack has high safety and reliability: in normal use, the normal service life of the battery is not less than 15 years; in extreme cases, even if it fails, it is in a controlled range, and it should not explode or burn and other failures that endanger the safe operation of the power station. Second, LiFePO4 batteries/pack has the advantages of high energy density, long service life, environmental protection, high current charging and discharging, safety, etc. At present, although the cost of the LiFePO4 batteries/pack is higher than that of lead-acid batteries, from the perspective of cost performance, LiFePO4 batteries/pack cycle life is about 6 times that of lead-acid batteries, and the cost of lithium iron phosphate is about one-third of the cost of lead-acid batteries. Third, the LiFePO4 batteries/pack is small in size and has good charge and discharge characteristics. Although the volume of lithium-ion batteries is only two-thirds of the volume of lead-acid batteries, and the weight is only one-third of that of lead-acid batteries, the conversion efficiency of LiFePO4 batteries/pack charge and discharge power can be greater than 97%, while the charge and discharge power of lead-acid batteries the conversion efficiency is about 80%. At the same temperature, using different rates of discharge current, the fully charged LiFePO4 batteries/pack discharge output characteristics are very stable.

LiFePO4 batteries/pack is expected to become an important development direction of energy storage batteries in the future.

Generally speaking, the LiFePO4 batteries/pack used in the field of energy storage generally requires more than 3,500 cycles, that is, the life expectancy of the LiFePO4 batteries/pack is more than 10 years. The cycle times of LiFePO4 batteries/pack are much more advanced than that of lead-acid batteries and ternary batteries, and the cycle times can reach further than 7000 times. also, the current price of lithium iron phosphate cells is about 0.6/Wh. With the sharp drop in the price of raw materials and technological progress, the cost performance of LiFePO4 batteries/pack is anticipated to come as an important battery force direction for energy storehouses in the future.

In the future, the LiFePO4 batteries/pack market may have a substantial rise.

The energy density technology of LiFePO4 batteries/pack has been greatly improved. With the change of the policy trend, lithium iron phosphate is gradually favored by its advantages of low cost, high safety, and long life. The pattern of iron and lithium decline may be broken, which is also a major change for the power lithium battery request. With the increasing demand for LiFePO4 batteries/packs, the future LiFePO4 batteries/pack market may have a significant rise.

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