What is the potential impact of Battery Health Reports (BHR) on remarketing success of the battery electric vehicle (BEV)? Besides age and mileage, driver profile has a major impact on how long a battery lasts. In the absence of documentation of how a driver has treated the battery, residual value formation remains below its full potential.
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.
Energy Storage Analytics
Battery storage systems are an essential component of the energy sector. However, they are complex systems that require special attention. The primary goal of storage owners is to maximize the profit possible from the storage system without taking on additional risk. This is where battery analytics comes into play.
Approaches to battery modeling
Batteries are complex systems whose operation is determined by a variety of factors, making long term projections a challenge. However, it is possible to understand the future conduct of these systems by building models that mimic their behavior and leverage the computational power to perform the required calculations.