Hello Forum friends, today I'll be taking you on a journey through the "SmartLi &UPS" of digital energy!
I will divide it into chapters on the development of Li-ion batteries, trends in Li-ion applications in data centers, characteristics of Li-ion batteries, and safety of Li-ion batteries, so let's get started!
In 2019, three scientists won Nobel Prizes in chemistry for their work on lithium-ion batteries.
2019’s Nobel Prize in chemistry was awarded to John B. Goodenough, M. Stanley Whittingham, and Akira Yoshino for their contribution to the development of lithium-ion batteries.
John B. Goodenough, who is 97, also becomes the oldest ever Nobel laureate. His lifelong exploration of lithium-ion batteries is truly admirable. As one of his important discoveries, lithium iron phosphate (LiFePO4) is currently the safest cathode material for lithium-ion batteries.

A long way to the maturity of lithium-ion battery technology
Ø The energy ratio is the reason why people choose lithium-ion batteries. The improvement of cathode and anode materials leads to the improvement of the energy ratio.
Ø Nonaqueous electrolytes ensure the energy ratio and solve the security problems.
Ø Europe and the US researchers have spent more than 10 years on basic theories, and Japan researchers have spent more than 10 years on the breakthroughs of key technologies.


Lithium-ion batteries are everywhere around you
Compared with lead-acid batteries, lithium-ion batteries are smaller, lighter, and have a higher energy density, higher availability, longer lifespan, and more cycle times. Lithium-ion batteries are widely used in mobile phones, tablets, electric bicycles, electric vehicles, and energy storage plants.

The price of lithium-ion batteries has fallen greatly
“Batteries will fall much faster than you are forecasting.” The key determinant of our forecast is the relationship between price and volume. This means that for every doubling of cumulative volume, we observe an 18% reduction in price. Based on this observation, and our battery demand forecast, we expect the price of an average battery pack to be around $94/kWh by 2024 and $62/kWh by 2030. It’s necessary here to highlight that this is the expected average price. -- BloombergNEF

Lithium-ion batteries are mature for commercial use and have been widely used in various industries. What’s more, the price of lithium-ion batteries is continuously falling. What is the next industry to use lithium-ion batteries? Will it be the data center?
Stay tuned for the next "SmartLi &UPS Take a trip to Digital Power".

