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Whitepaper

LFP in energy storage

Lithium-ion batteries play an essential role in the transition to renewable energies and in generating electricity from more reliable and sustainable technologies. Even though NMC is currently the most mature existing technology, and it is therefore widely used, especially in the automotive industry, LFP technology is increasing in popularity due to cost and safety advantages.

TWAICE / Jun 13, 2022

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Why LFP batteries are playing an increasing role in energy storages and the implications of this on battery analytics

Introduction

Lithium-ion batteries are an integral part of the transition to renewable energy, both for the automotive sector’s transition to green mobility, and for the transition to generating  electricity from more reliable and sustainable technologies. As renewable energy sources such as solar and wind are intermittent and therefore unreliable power sources, energy must be stored for certain periods of time. Technologies are required to stabilize the grid by ensuring that energy is released into the grid or removed from the grid when necessary.

Two major lithium-ion technologies are currently used in the field of stationary energy storages: NMC (Nickel Manganese Cobalt) and LFP (Lithium Iron Phosphate). While people often speak  about  NMC and LFP cells, this naming describes only one half of the active materials in the  cells. NMC and LFP refer to the cathode material of the cells. The anode part is often neglected as it usually consists of graphite in both cases and therefore does not need a further distinction. The set-up of lithium-ion batteries is explained in more detail below.

NMC is currently the most mature existing technology, and it is therefore widely used, especially in the automotive industry due to its beneficial specific energy and ideal combination of reasonable lifetime, safety and reliability.

Do you want to find out more about LFP batteries and its implications on battery analytics?

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