This is the most amazing phase for the lithium battery in India. The demand for lithium batteries is growing at a rapid rate across different sectors.
Now lithium batteries are not limited to just electric vehicles, its now becoming part of the telecom industry, residential sector, medical sector, and whatnot. Last year in December minister of power announced the requirement of 4 GWh grid-scale storage across India. This was followed by the requirement estimation of 23 GWh in Leh and Ladakh, and 18 GWh in Rajasthan for renewable integration. These are the very few examples of the fact that battery energy storage demand is going to see high demand in near future.
In this article, we are going to explore the manufacturer’s perspective of the High Voltage Battery Energy Storage System in India.
Types of High Voltage Battery Energy Storage System manufactured by Inverted Energy
||Residential & Telecom
||48V/100Ah | 48V/200Ah
||96V/200Ah | 96V/400Ah
High Voltage Battery Energy Storage System accounted for roughly 5% of worldwide energy storage capacity at the start of 2020, much less than pumped-storage hydro. According to Fortune Business Insights, the global battery energy storage industry is estimated to reach $19.74 billion by 2027, growing at a 20.4% compound annual growth rate (CAGR).
A High Voltage Battery Energy Storage Solution is expected to be an energy storage leader in the years ahead, given its availability, efficiency, and recent developments in electrochemical storage technology.
What is a High Voltage Battery Energy Storage System?
Before knowing what is high voltage battery energy storage solution, you need to know that high voltage battery energy system is also known as BESS (Battery Energy Storage System).
Battery storage, also known as battery energy storage systems (BESS), are devices that allow energy from a variety of power generation sources, such as solar, wind, hydro, and others, to be stored and released when customers require it most.
Lithium-ion batteries, which are used in cell phones and electric cars, are currently the most common storage technology for large-scale facilities, allowing electrical networks to provide a consistent supply of renewable energy.
Now, let’s explore the internal structure of the High Voltage Battery Energy Storage System.
A BESS is a hybrid system that includes hardware as well as low- and high-level software. It includes the following:
- Battery Management System (BMS)
- Energy Management System (EMS)
A BESS can also include a variety of safety systems, such as a fire control system, a smoke detector, a temperature control system, cooling, heating, ventilation, and air conditioning systems, depending on its functioning and operating conditions. The safety systems have their monitoring and control units that monitor the characteristics of the BESS and respond to crises, ensuring that it operates safely.
Battery Energy Storage System with Machine Learning Algorithm
Complex BESSs rely on reliable software solutions in addition to electronics. Machine learning techniques, for example, are used in cutting-edge systems to optimize energy management. Reliable algorithms and mathematical models embedded into BMS software development are required to estimate battery conditions and characteristics with high accuracy.
We know that there are different types of batteries in the market. You need to understand that the efficiency of the BESS does depend on the type of battery being used to design that system.
Lithium-ion-Based High Voltage BESS
According to the US Energy Information Administration’s (EIA) 2020 report, lithium-ion batteries powered over 90% of large-scale battery energy storage systems in the United States. The current global statistics are almost identical. Electric cars, consumer gadgets, and portables, such as cellphones, laptops, tablets, and cameras, all use this type of rechargeable battery. Lithium cobalt oxide, lithium manganese oxide, lithium iron phosphate, lithium nickel manganese cobalt oxide (NMC), and other chemistries are used in Li-ion batteries. The characteristics of a Li-ion battery make it one of the most popular energy storage technologies.
By 2026, the worldwide lithium-ion battery industry is expected to grow to $91.9 billion.
It’s small and light has a high capacity and energy density requires little maintenance and has a long lifespan. Lithium-ion batteries can also be charged easily and rapidly and have a low self-discharge rate. High cost, flammability, intolerance to extreme temperatures, overcharge, and over-discharge are all flaws with this battery technology.