Batteries

Lithium-ion battery

Lithium-ion battery

A lithium-ion battery or Li-ion battery is a type of rechargeable battery. Li-Ion batteries have one of the highest energy densities of any battery technology today. Compared to the other high-quality rechargeable battery technologies (nickel-cadmium or nickel-metal-hydride), Li-ion batteries have a number of advantages. In addition, Li-ion battery cells can deliver up to 3.6 Volts, 3 times higher than technologies such as Ni-Cd or Ni-MH. Li-ion batteries have no memory effect, a detrimental process where repeated partial discharge/charge cycles can cause a battery to ‘remember’ a lower capacity.

The lithium-ion battery has an anode and electrode, as well as an electrolyte in three main components. Li-Ion Battery uses lithium ions as a key component of its electrochemistry. In the battery, lithium ions move from the negative electrode to the positive electrode during discharge and back when charging.

When a Li-ion battery is charged, lithium ions are removed from the cathode electrode. The decomposition of lithium ions then travels through the electrolyte and transfers into the anode electrode, and the energy is stored in a lithium-ion battery during this cycle. When the Li-Ion Battery stop storing, the lithium ions move back to the cathode electrode; and the stored energy has been released. The selection of cathode and anode materials is very important, and this is the main focus of various researchers

A prototype lithium-ion battery was developed by Akira Yoshino in 1985, based on earlier research by John Goodenough, M. Stanley Whittingham, Rachid Yazami, & Koichi Mizushima during the 1970s–1980s, and then a commercial Li-ion battery was developed by a Sony and Asahi Kasei team led by Yoshio Nishi in 1991.

The Lifespan Of Lithium-Ion Battery

The typical lifespan of a lithium-ion battery is around 2-3 years or 300-500 charge cycles. One charge cycle is calculated as the period of use from fully charged to discharged and fully recharged once again.

Li-Ion batteries are now an important part of our daily. By powering our mobiles, TV remotes, Laptops, Toys, Electric Scooters, Electric Cars, and Solar Power. Using Li-ion batteries helps to reduce carbon effects by reducing the usage of fossil fuels and saving the environment.

Currently, the bestselling electric cars, the Nissan Leaf and the Tesla Model S, both use Li-ion batteries as their primary fuel source.

Battery Energy Storage System Global Market

Battery Energy Storage

The GMI Research foresees that the Battery Energy Storage System Global Market will undergo an expansion in demand over the forecast period. This is because of the aggravating implementation of lithium-ion battery energy storage systems owing to their notable properties as well as the persistent demand for constant power storage systems in the acute infrastructure.

Battery Energy Storage System Market Introduction

  • An energy storage system refers to a system implemented to preserve energy by implementing electromechanical, chemical, and thermal solutions. Also, the battery energy system is a sub-division of the energy storage system and primarily makes use of an electrochemical solution. The key features kept in mind while selecting a system are the cycling lifetime, self-discharge, response time, capital, operational, and maintenance cost.

Key Players of the Market:

  • AEG Power Solutions
  • Mitsubishi Heavy Industries Ltd.
  • LG Chem
  • Panasonic Corporation
  • ABB
  • Tesla Inc.
  • Samsung SDI Co., Ltd.
  • General Electric
  • Hitachi
  • NEC Corporation
  • Siemens AG
  • Toshiba Corporation
  • Exergonix Inc.
  • Shenzhen Sunlith Energy Co. Ltd

Battery Energy Storage System Market Dynamics

Accumulation in the global battery energy storage system market is because of the mounting demand for lithium-ion technologies across the recyclable industry, the shrinking price of these batteries, and the upcoming mega projects across major economies. In addition, the conducive strategies and norms by the government, accompanied by the aggravating demand for grid-connected solutions, have propelled market growth. Furthermore, the growing seepage of changeable renewable creation technologies has supplemented the market growth. Besides this, the mounting demand for technologically sophisticated battery systems with enhanced volume, intensity, and dependency is another factor bolstering market growth.

Furthermore, as per the IEA, the extensive ability of the system was approximately 3.1 GWh in 2018. The demand for indigenous applications supplemented remarkably in China because of the allowance by two Chinese companies towards a complete range of projects encouraging the network operation. This helped the country to become a universal leader with nearly 0.5 GW of the latest storage positioned and 1GW in the development stage.

Element Segment Drivers

Based on the element, the battery is predicted to capture the highest share in the market during the coming years. The battery is the principal part of the system and seizes the maximum share in the price of the entire system. Also, the battery assists in raising the power frequency and controls the reprocess able energy sources. Further, it can be applied as a stabilizer during balancing problems because of the changes in the energy promoting an augmented implication of the system, thereby stimulating the global battery energy storage system market size.

Regional Drivers

As per the geographical coverage, Asia-Pacific is contemplated to witness the largest growth in the market because of the rising demand for energy systems across crucial economies such as Korea, Japan, China, and India. Additionally, the mounting investments in limitless energy projects majorly across developing nations like India and China have bolstered the battery energy storage system market size.

Battery Energy Storage System Market Segmentation:

Segmentation by Element

· Battery

· Hardware

· Other Elements

Segmentation by Battery Type

· Sodium-Sulfur Batteries

· Lithium-Ion Batteries

· Advanced Lead-Acid Batteries

· Flow Batteries

· Others

Segmentation by Connection Type

· Off-Grid Connection

· On-Grid Connection

Segmentation by Ownership

· Utility Owned

· Customer Owned

· Third-Party Owned

Segmentation by Application

· Residential

· Non-Residential

· Utilities

· Others

Segmentation by Region:

· Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

· North America

o United States of America

o Canada

· Asia Pacific

o China

o Japan

o India

o Rest of APAC

· RoW

o UAE

o Brazil

o South Africa

o Saudi Arabia

About GMI Research

GMI imparts business perception and research reports for different organizations to help them attain viable growth in specific market domains. Our organization proffers detailed reports to help clients make deliberate business policies. The company has a team of analysts and industry experts offering a one-stop solution for the client. The research report has in-depth scrutiny of forecasts, competitive outlook, and market dynamics to help companies reach judicious decisions.

How To Charge Electric Vehicles At Home?

Electric vehicles are a better option for our planet earth because they are free of harmful emissions. Operating electric vehicles is easier than fuel-based vehicles.

Electric vehicles are available with fewer moving components. Therefore, maintenance cost is also reduced if you drive an electric car.

However, charging an electric vehicle is always a matter of concern.

There are a number of options to charge an electric car. You can install your personal charging point at home, at a public EV charging point, or from the mains.

Most drivers find it extremely convenient to charge their cars at their homes.

Therefore, we have made this blog to help you to charge your EVs in the comfortable environment of your home.

How can you charge your electric car at your home?

To charge your electric vehicle at home, you need to install a charging point where you park your car. A 3-pin plug socket with an EVSE supply cable will be convenient for your task.

A high-quality EV charging point will be appropriate for EV charging since it is faster and has certain safety features.

The home chargers have a compact unit that includes a connected charging cable and a socket. This unit is mounted to a wall where you park your vehicle.

You have to note that only a trained and qualified specialist is able to install a home EV charging point at home.

How to install an electric car charging point?

You need the services of a professional to install an EV charging point at your home. The expert should be trained and certified to prove his efficiency.

The professional will come to your home and he will mount the charger point on the wall of a garage or any exterior place where you usually park your car.

You can book the installation of your Electric car charging point with the help of the Internet, a phone call, or a message.

A skilled expert is supposed to guide you to charge your car with the installed charging point. You can ask if you have any questions.

How often can you charge your car with the home EV charging point?

You are free to charge your electric car with the help of your home charger whenever you want.

Nothing is very special in charging your car.

However, you do not need to charge your car every day.

Advantages of home EV charging points

Home EV chargers are faster:

Efficient home charging stations near me are able to charge your vehicle about 1 hour earlier. It is much faster than the time taken by charging from mains which is six hours. The home charging system is quicker than the public EV charging points as well.

Home EV chargers are cheaper:

If you choose a reliable home EV charging system provider, it will surely be an affordable deal for you.

Generally, the cost of charging depends on the model of your vehicle and the electricity tariff.

Home EV chargers are comfortable:

In the comparison with charging your EV at a public charging station, charging the car at home is indeed convenient.

However, many public charging points are available but you have to wait for an uncertain time to charge your car. It is really inconvenient in a parking place.

But, if you have a charging point at home, you need not worry about the power of your car battery.

If you are interested in a reliable, efficient, and fast EV charging solution, you must go for a smart charger like zappi tethered in white. You will find it more convenient and easy if you have an efficient EV charging system at home.