The Advantages of LiFePO4 Battery in Energy Storage

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Application status of LiFePO4 battery

 

At present, electrochemical energy storage mainly uses lithium batteries and lead batteries.

LiFePO4 battery have the advantages of high operating voltage, high energy density, long cycle life, good safety performance, low self-discharge rate, and no memory effect. It has been widely used in 5G base stations, electric vehicles, and energy storage power stations.

The state ensures the stable and orderly development of LiFePO4 battery by promulgating policies and formulating standards.

Compared with ternary lithium batteries, LiFePO4 battery have obvious cost advantages. In particular, the latest policy jointly issued by the Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, and the National Development and Reform Commission extends the implementation period of financial subsidies for the promotion and application of new energy vehicles to the end of 2022. It also puts forward higher requirements for the cost and battery life of power batteries, making the application of LiFePO4 battery more extensive.


The demand for 5G base stations provides a development opportunity for the development of LiFePO4 battery. Due to the increase in the overall power consumption of 5G base stations, the power supply system must be expanded, which means that power supply must be guaranteed through transformation. In addition, the safety of energy storage batteries needs to be considered. The LiFePO4 battery with high safety, high energy ratio, small size, light weight and long life just meets the needs of 5G base stations. Since 2020, the demand for LiFePO4 battery has risen.


On the other hand, with the improvement of various models of new energy vehicles, LiFePO4 battery have already occupied a place in the industry. For example, BYD has now become the world’s largest supplier of LiFePO4 battery, its battery technology has been recognized by the world, and has established contacts and cooperation with many global heavyweight car manufacturers including Daimler, Toyota, etc. 


In 2020, the launch of “blade battery” once again attracted global attention, promoting domestic LiFePO4 battery to go international.


Compared with electric vehicles, the application of electric ships reflects the advancement of modern technology. The electric ship “Junlv” uses a matching LiFePO4 battery, which can save nearly 100 tons of fuel every year compared with fuel-powered ships of the same size, and does not emit carbon, sulfur and other waste pollutants. It has the advantages of high power, high energy efficiency and high cleanliness. Its battery capacity is equivalent to that of 50 pure electric vehicles, and it can be charged for 4 to 5 hours at night to meet the 8-hour battery life during the day.


As an energy storage battery, LiFePO4 battery are used in energy storage power stations all over the country, so the supporting battery management technology and safety protection technology have become the current key research and development issues.

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1 thought on “The Advantages of LiFePO4 Battery in Energy Storage”

  1. The very next time I read a blog, Hopefully it does not disappoint me just as much as this particular one. I mean, I know it was my choice to read, however I genuinely thought you would probably have something interesting to talk about. All I hear is a bunch of whining about something you could fix if you werent too busy looking for attention.

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