Lithium-ion batteries are a form of energy storage

Are lithium-ion batteries a good energy storage system?

Lithium-ion batteries (LIBs) have long been considered an efficient energy storage system due to their high energy density, power density, reliability, and stability. They have occupied an irreplaceable position in the study of many fields over the past decades.

What is a lithium ion battery?

Lithium-ion batteries (LIBs) are a critical part of daily life. Since their first commercialization in the early 1990s, the use of LIBs has spread from consumer electronics to electric vehicle and stationary energy storage applications. As energy-dense batteries, LIBs have driven much of the shift in electrification over the past two decades.

What are the advantages of lithium-ion batteries?

Lithium-ion batteries (LIBs) have long been considered as an efficient energy storage system on the basis of their energy density, power density, reliability, and stability.

What are lithium-ion batteries used for?

Lithium-ion batteries are widely used for consumer electronics and electric vehicles. Additionally, they account for over 80% of the global battery energy storage deployment, which reached over 190 gigawatt-hours (GWh) by 2023.

What is the specific energy of a lithium ion battery?

The specific energy of lithium-ion batteries ranges from 350 to 600 Wh kg−1. This is lower compared to other types like Li-S batteries (2567 Wh kg−1) and Li-O2 batteries (3505 Wh kg−1).

What makes lithium-ion batteries long-lasting?

Charging and recharging a battery wears it out, but lithium-ion batteries are also long-lasting. Lithium-ion batteries have higher voltage than other types of batteries, meaning they can store more energy and discharge more power for high-energy uses like driving a car at high speeds or providing emergency backup power.