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The future development space of lithium iron phosphate battery is huge

At present, the application field of iron-lithium batteries is not limited to new energy vehicles, and has potential application prospects in the fields of base station energy storage, industrial and commercial energy storage, large, medium and small UPS, grid-side energy storage, and user-side energy storage.

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In the communication mobile network, the base station is the main part of the energy consumption of the mobile communication network, accounting for more than 80% of the energy consumption of the entire network. In the 4G era, the power consumption of a single base station can reach up to 1300W. Since 5G uses a larger-scale array antenna and higher bandwidth, the base station will process massive data. According to calculations, the single-station power of a fully loaded 5G base station is close to 3800W, which is 4G. 3.5 times. The design of the backup power supply capacity is generally determined according to the peak power consumption of the base station. In order to meet the necessary duration requirements, it is inevitable to replace the large-capacity backup power supply. The typical value of the backup power supply of a single 4G base station is about 11.2KWh, while the 5G base station needs to be expanded to 21.2KWh, which is almost doubled.

Since the development of the mobile communication industry, lead-acid batteries have become the first choice for backup power in the field of communication base stations due to their extremely high cost performance, mature technology and stability, coupled with the huge market for lead-acid batteries and perfect back-end resource processing facilities. More than 90% of the market for base station backup power. As the cost of lithium iron phosphate batteries continues to decline, the status of lead-acid batteries as a backup power source is at stake.

In terms of price, lithium iron phosphate batteries are three times that of lead-acid batteries, but from the perspective of use cost, the full life cycle cost of iron-lithium batteries in the field of base station energy storage has far exceeded that of lead-acid batteries. The replacement of lead-acid batteries in the future is an inevitable result of the development of the industry. With the substantial increase in power consumption of 5G base stations, the cost of electricity has increased significantly, and the base station has a strong demand for peak and frequency regulation. Lead-acid batteries have a lower cycle life and slower charging speed. It cannot meet the needs of the 5G era, and iron-lithium batteries bring great economy to 5G base stations in this regard.

The growth logic of lithium iron phosphate batteries has been verified in power batteries. Now, in the energy storage of communication base stations in the 5G era, iron lithium batteries will play a greater role. The future of iron-lithium does not stop there. As the cost of lithium batteries continues to decline, iron-lithium batteries are expected to completely open up supporting space in the field of large energy storage, and are widely used in various industries on the power generation side, power transmission and distribution side, and power consumption side. various fields. We believe that the recovery of this round of iron-lithium battery industry chain is the inevitable result of technology upgrade and cost reduction, and other obstacles are not worth mentioning in front of cost. If the use of iron-lithium in the power field is the result of cost orientation, then in the field of energy storage, the use of iron-lithium is inevitable for technological upgrading, and the mechanism for ternary batteries in the power field to suppress iron-lithium batteries is exactly the same. The decline in the price of iron and lithium and the improvement in performance have opened up huge growth space for its own industrial chain.