 
{"id":45224,"date":"2021-11-13T08:00:10","date_gmt":"2021-11-13T07:00:10","guid":{"rendered":"https:\/\/www.vpsolar.com\/?p=45224"},"modified":"2021-11-11T15:01:12","modified_gmt":"2021-11-11T14:01:12","slug":"the-lithium-era","status":"publish","type":"post","link":"https:\/\/www.vpsolar.com\/en\/the-lithium-era\/","title":{"rendered":"The lithium era"},"content":{"rendered":"<p>The battery industry is strongly evolving and the spread of the electric cars, of residential and industrial storage systems will lead to a reduction in costs and to technological innovations.<\/p>\n<h2>Lithium ion technology: some variants<\/h2>\n<p>Till now, the most successful technology is that of Lithium ion in some variants: with anode made of graphite and lithium oxide cathode of Co, Ni, or Mn, with electrolyte that can be liquid or polymeric, typically composed of Lithium salts.<\/p>\n<h2>LiFeCo and LiMnCo variants<\/h2>\n<p>LiFeCo variant can be interesting for the low cost and the remarkable safety of the chemical composition. However, it is theoretically penalized in the conductibility, even if it is increased with special precautions. LiMnCo variant is a good compromise between cost and performance and there it is general opinion that this will be the most widespread technology in the coming years.<\/p>\n<h2>Battery energy density<\/h2>\n<p>The Lithium battery energy density is registering a 5% increase every year: this means that batteries are more and more lighter and compact.<\/p>\n<h2>Price levels have never been so low<\/h2>\n<p>Today, the type of Lithium batteries is at such low price level also thanks to the electric cars market growth.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-45225 alignnone\" src=\"https:\/\/www.vpsolar.com\/wp-content\/uploads\/2018\/05\/lithium-batteries-getting-cheaper.jpg\" alt=\"\" width=\"500\" height=\"322\" srcset=\"https:\/\/www.vpsolar.com\/wp-content\/uploads\/2018\/05\/lithium-batteries-getting-cheaper.jpg 500w, https:\/\/www.vpsolar.com\/wp-content\/uploads\/2018\/05\/lithium-batteries-getting-cheaper-300x193.jpg 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/p>\n<h2>Bloomberg New Energy Finance Study<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-45227 alignleft\" src=\"https:\/\/www.vpsolar.com\/wp-content\/uploads\/2018\/05\/battery-packs.jpg\" alt=\"\" width=\"189\" height=\"97\" \/>According to a Bloomberg New Energy Finance study, the battery packs in the market have reached average prices (in the business with car companies) of about 210 $\/kWh, with a 24% reduction from last year and 1\/5 of the price compared to 2010.<\/p>\n<p>With this trend it is estimated that in 2025 the price at kWh for the battery pack could arrive at 100 $\/kWh, a number that seems to be the magic one for the global start of the spread of the electric cars.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The battery industry is strongly evolving and the spread of the electric cars, of residential and industrial storage systems will lead to a reduction in costs and to technological innovations.<\/p>\n","protected":false},"author":1,"featured_media":45229,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[3845,3843,3844,3143,3145,3144,3146,3362],"class_list":["post-45224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-bloomberg-en","tag-lifeco-en","tag-limnco-en","tag-lithium","tag-lithium-batteries","tag-lithium-ions","tag-lithium-oxide","tag-storage-en-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The lithium era<\/title>\n<meta name=\"description\" content=\"The battery sector is strongly evolving and the spread of the electric cars, of residential and industrial storage systems lead to a fast reduction in Lithium costs and a quick evolution of technology.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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