Important potential market for lithium iron phosphate battery packs in the later period
With the rise of the energy storage market, in recent years, some power battery companies have deployed lithium iron phosphate battery pack energy storage business. Power lithium battery companies have won orders in the grid energy storage market, which opened a new world for lithium iron phosphate battery packs. Energy storage will be an important potential market for lithium iron phosphate battery packs in the later period: as a cutting-edge technology and strategic emerging industry that will affect the future energy landscape, energy storage has entered a critical period of industrial development as policies become clearer. With the gradual opening of application areas, the market will accelerate expansion. It is estimated that the capacity of my country's energy storage market will exceed 600 billion yuan in the next ten years. By 2020, the cumulative installed capacity of my country's energy storage market will exceed 50GW, and the scale of energy storage investment and construction will reach 230 billion yuan. Due to the advantages of ultra-long life, safe use, large capacity, and environmental protection, the transfer of lithium iron phosphate battery packs to the energy storage field will extend the value chain, promote new business models, and construct a new industrial chain. In addition, the energy storage market is larger than the electric vehicle market and will become an important potential market for lithium iron phosphate batteries. Lithium iron phosphate battery packs will accelerate the embrace of the energy storage market: In mid-June, the first batch of 100MW battery energy storage demonstration projects in Henan Power Grid-Luoyang Huanglong Station's first containerized lithium battery energy storage unit was successfully connected to the grid at one time, becoming the first domestic grid connection Grid-side distributed battery energy storage power station project. It is reported that this year, the State Grid Henan Electric Power Company selected 16 substations in 9 regions including Luoyang to carry out the construction of the first 100 MW distributed battery energy storage demonstration project on the grid side in China. Judging from the bidding and implementation of the two super-large grid energy storage projects in Henan and Jiangsu, one is that there are many power battery companies participating in energy storage projects. Participating companies include Tianjin Lishen, Narada Power, Kelu, Yiwei Lithium Energy, Zhongtian Technology, Lixin Energy, etc. Due to the advantages of ultra-long life, safe use, large capacity, and environmental protection, the transfer of lithium iron phosphate to the energy storage field will extend the value chain, which is conducive to promoting new business models and constructing a new industrial chain. In addition, the energy storage market is larger than the electric vehicle market and will become an important potential market for lithium iron phosphate battery packs. Second, the use of lithium batteries (mainly lithium iron phosphate battery packs) supporting energy storage systems has become a mainstream choice. With the technological advancement of power battery companies and the decline in power battery costs in recent years, lithium iron phosphate batteries have a cost-effective advantage compared to lead-acid and lead-carbon batteries. The outbreak of domestic grid energy storage demand also provides a way to reduce production capacity Way out. As grid energy storage is driving the demand for lithium iron phosphate battery packs, it is foreseeable that domestic grid energy storage will win a new market breakthrough for lithium iron phosphate batteries. Power battery companies have diversified businesses such as power and energy storage, and energy storage is expected to become the company's fastest-growing business. The lithium battery pack energy storage market has huge potential: the installed scale of new energy will contribute 90% of the increase in energy consumption, and the power of the supporting energy storage device is calculated at 15% of the installed capacity of wind power and photovoltaics. By 2030, the demand for energy storage lithium battery packs It is expected to reach 850 million kWh. At a price of 1,200 yuan per kilowatt-hour energy storage system (lithium battery), China's wind and solar energy storage market space is expected to reach 1 trillion yuan. In the next five years, the cumulative demand for energy storage batteries will be 68.05GWH. Due to the continuous maturity and innovation of new material development and production technologies for lithium iron phosphate battery packs, as well as the active participation of relevant scientific research institutions and industries, at low costs, lithium-ion batteries have significant advantages such as high specific energy, long cycle life, and green environmental protection. , Has become the main supporting power supply for various advanced UPS power storage products. Application of lithium iron phosphate battery in UPS: The energy storage system of UPS is usually lead-acid battery. However, lead-acid batteries not only have low energy density, large size, large weight, and narrow temperature range, but also require high environmental temperature and pollute the environment. Lithium battery is the best battery at present, and the use of lithium iron phosphate battery pack as the energy storage device of UPS can greatly improve its performance. More suppliers have begun to enter the field of lithium iron phosphate battery UPS power supply applications, and end users' awareness of the full life cycle practice of data centers will make more and more plans and budgets for the deployment of lithium batteries. With the continuous advancement of research on lithium battery packs, the replacement of lead-acid batteries with lithium batteries will become a new choice under UPS usage scenarios. In terms of operation and maintenance management, the lithium battery management system can be integrated into the UPS management system, and the battery management and UPS management system are a complete system. Lithium iron phosphate battery packs have reduced costs by more than 80% in the past 7 years, and may become the biggest winner in the battery energy storage market.