Li-ion batteries remain the dominant electrochemical energy storage technology in the global market. As written in their new market report, IDTechEx estimates that in 2023 alone, 92.3 GWh of Li-ion BESS (battery energy storage system) was deployed globally across market sectors, including grid-scale, commercial and industrial (C&I), and residential battery storage markets. Other battery storage technologies, such as redox flow batteries, Na-ion batteries, and metal-air batteries, have continued to remain as emerging technologies with a limited volume of deployments in the last few years.The growth of the Li-ion battery energy storage system (BESS) market has been facilitated by fast cost reductions of the technology and its improved performance characteristics through continued development. BESS manufacturers have continued to develop systems that promise improved safety properties and greater energy densities. These performance characteristics are important for BESS customers and will often be considered when acquiring BESS for grid-scale projects, alongside, of course, other crucial metrics such as cost, cycle life, duration of storage, and C-rate. The launch of ‘zero-degradation’ BESS technologies, such as the TENER technology from CATL, has also sparked interest in the industry. Continued technology innovation will help facilitate the dominance of Li-ion BESS in the stationary battery storage market over the coming years. (ICE TORONTO)

Fonte notizia: https://www.ept.ca/