Li-ion technology (NMC &LFP) and its applications in India with Manufacturing Opportunity
The Indian Energy Storage space is in an interesting phase. Energy storage has almost 20 different applications in India such as renewable integration, grid ancillary services, diesel minimization, microgrids for energy access and campuses as well as electric vehicles and charging infrastructure. India is anticipated to become one of the best markets for the adoption of energy storage technologies due to several drivers like the fastest growing economy, increasing share of renewables, transmission constraints, need for providing 24x7 quality power and electric mobility mission.
IESA estimates the market for energy storage would grow to over 300 GWh during 2018-25. India is expected to attract investment in 2-4 Giga factories for advanced Li-ion batteries, attracting over $3Billion in investments in next 3 years. Already, over 1 GWh of annual Li-Ion assembling capacity is being set up for converting imported Li-ion cells into battery modules by various Indian companies. Opportunities include manufacturing, assembling, energy storage project development, equipment supply, R&D of technology enhancement and much more.
Lithium-ion batteries are common in portable electronics. They are one of the most popular types of rechargeable batteries for portable electronics, with a high energy density, long cycle life, and low self-discharge. They are also growing in popularity for military, medical devices, and aerospace applications.
The Government is creating and encouraging policies like FAME India Initiative under NEMMP, draft energy storage Roadmap, National Smart Grid Mission (NSGM) and draft National Microgrid policy, Energy Storage staff paper by CERC, BIS Energy Storage Standards to boost the Indian energy storage market. Currently, Ministry of New & Renewable Energy (MNRE) is working on National Energy storage Mission (NESM), which is expected to release in next 2-3 months.
This webinar will cover fundamentals of Li-Ion battery technologies (LFP and Li-NMC) and its applications in India. The detailed overview of Lithium-Ion cell manufacturing and pack assembling which can help companies to diversify/ enter into Advanced Energy Storage business.
About Lithium Iron Phosphate (LFP): Li-phosphate offers good electrochemical performance with low resistance. This is made possible with nano-scale phosphate cathode material. The key benefits are high current rating and long cycle life, besides good thermal stability, enhanced safety and tolerance if abused.
About Nickel Manganese Cobalt Oxide (NMC): One of the most successful Li-ion chemistry is a cathode combination of nickel-manganese-cobalt (NMC). Also known as lithium-manganese-cobalt-oxide batteries, or NMC, lithium nickel manganese cobalt. oxide batteries are made of several materials common in other lithium-ion batteries. These involve a cathode combination of nickel, manganese and cobalt. NMC batteries can have either a high specific energy or high specific power. This battery is most common in power tools and in powertrains for vehicles.
Date: 3rd July 2018.
Duration: 4:00 – 5:30 PM.
Speakers for the session:
Upcoming Knowledge Series webinars
- Advanced Li-Ion Technologies (LTO, L-air, Li-S, etc.), 3rd Week of July 2018
- Rural & Campus Microgrid in India and its business case, 1st week of August 2018
- Power Electronics for Battery Energy Storage System and its specifications, 3rd Week of August 2018
- Emerging Battery Technologies (Flow Battery, Zinc Air, Sodium-based batteries etc.), 1st Week of September 2018
