The market for lithium battery technology in the energy storage field will be immeasurable

　　The market for lithium battery technology in the energy storage field will be immeasurable. 3.7v 18650 battery pack have the characteristics of high energy density, small size, long cycle life and high rated voltage. 3.7v 18650 battery pack are gradually penetrating into the fields of decentralized energy storage and large-scale energy storage. From the perspective of market application prospects and technological maturity, lithium iron phosphate batteries are recommended as the first choice in the field of power storage. In the future, 3.7v 18650 battery pack will become the most competitive in the energy storage field.

　　The market for lithium battery technology in the energy storage field will be immeasurable

　　3.7v 18650 battery pack are used in the field of energy storage, and their market capacity will be broader than that of electric vehicles, and can even be measured by an output value of one trillion. In the future, as the proportion of clean energy continues to increase, energy storage can theoretically be used wherever electricity is used. In the long run, the energy storage field will be the largest application market for 3.7v 18650 battery pack.

　　Energy storage is a new market with broad development prospects for 3.7v 18650 battery pack. It is called the "new blue ocean" for lithium-ion battery applications. Some leading lithium-ion battery companies have already set their sights on this market. Since 3.7v 18650 battery pack are significantly more expensive than other energy storage methods and are not yet very mature in terms of large-scale system integration technology, they are currently only in trial applications, and problems are discovered and solved through continuous experiments.

　　The application of lithium battery energy storage technology is conducive to optimizing the energy management of the system and improving system efficiency and equipment utilization. With the diversification of application requirements, lithium battery energy storage technology has shown a pattern of coordinated development of various types, and user-side applications are developing in the direction of compact structure, intelligent control, and flexible access.

　　The lithium battery energy storage market is considered to have broad market space and diverse application scenarios. Driven by 3.7v 18650 battery pack, the energy storage market will usher in new opportunities. With the development of 3.7v 18650 battery pack in emerging application fields and the strengthening demand for substitution in traditional application fields, it is an irreversible trend for the lithium battery energy storage industry to maintain steady growth as a whole in the next few years.

　　What have lithium battery companies done in the energy storage field?

　　① Ningde era

　　Ningde New Energy's energy storage lithium battery is the first energy storage battery company to enter the list of "Lithium-ion Battery Industry Standard Conditions". At present, CATL mainly uses lithium iron phosphate as the cathode material in its energy storage system business. Its products are mainly square batteries. The products are used in the fields of power generation, transmission and distribution, and power consumption, covering large-scale solar or wind power generation, energy storage supporting, and industrial Enterprise energy storage, commercial building and data center energy storage, energy storage charging stations, communication base station backup batteries, etc.

　　②BYD

　　BYD has accumulated more than ten years of experience in energy storage. So far, BYD has signed approximately 600MWh of orders globally, including more than 100 energy storage containers exported to the United States and more than 240 containers exported to the United Kingdom.

　　③Nandu Power Supply

　　In 2018, Narada Power achieved breakthroughs in the fields of user-side distributed energy storage, grid-side distributed energy storage, and demand-side response. As of the end of the third quarter of 2018, Narada's cumulative energy storage project capacity in operation and under construction exceeded 1,000MWh.

　　④Guoxuan Hi-Tech

　　On the technical route of energy storage 3.7v 18650 battery pack, Guoxuan Hi-Tech stated that the main recommendation is lithium iron phosphate and will not consider using ternary 3.7v 18650 battery pack in energy storage projects in the next 3-5 years. At present, the energy density of Guoxuan Hi-Tech's lithium iron phosphate battery has exceeded 190Wh/kg.

　　Summary: From the perspective of the long-term development of the market, as the cost of 3.7v 18650 battery pack continues to decline, the lithium battery energy storage route has a wide range of applications, coupled with the continuous advancement of my country's policies, the future energy storage market has the greatest development potential.

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