The rapid drop of charging lithium battery costs is huge opportunities to address climate change and sustainable development.

The rapid drop of charging lithium battery costs is huge opportunities to address climate change and sustainable development.

The technical advancement and cost of battery and renewable energy declines, and serves global future prospects for climate change and achieving sustainable development.. However, the transformation of the energy system is a system engineering to strengthen international cooperation and the coordination of industry chains.

. The Davos World Economic Forum in January 2018 established a global battery alliance to promote global battery sustainable development..

In recent years, the global energy storage and transportation battery market has increased significantly.. Lithium-ion battery costs have fallen in recent years, and the time unit is not annual, and the quarterly calculation.

The cost of lithium-ion batteries in 2015 is still $ 350 / kWh (kWh), but in the first half of 2018, the sales price of the power lithium battery system has dropped below $ 150 / kWh, and the price of the energy storage system has dropped to $ 220 / kWh. At the end of 2018, the sales price of the power lithium battery may drop to $ 130 / kWh, and the cost of the energy storage system drops to $ 200 / kWh..

With the decline in battery cost, the 2018 global energy storage battery and dynamic lithium battery has increased significantly. Taking my country as an example, 2018 my country’s dynamic lithium battery accumulated output reached 70.6GWH (1GWH = 1 million kWh), and the volumetric volume was 56.

9GWh, and it increased by 57.3% compared with the same period of last year..

Battery development has supplied huge opportunities for climate change and sustainable development.. At this stage, the rise in the world economy is still inseparable from the new energy consumption, and it is possible to respond to carbon emissions and climate change, battery technology progress and costs may be a key point.

At least important embodiments are in several aspects: First, the development of electric vehicles is Opportunities in the transportation department’s fossil energy replacement. With the promotion of our national income level, the energy demand in the transportation department maintains continuous increase, and the current energy system of the traffic department is still dominated by oil..

Among them, global auto demand accounted for more than 60% of total demand, electric vehicles can effectively replace oil consumption. Second, the renewable energy cost is degraded, especially the cost of photovoltaicity is particularly significant..

According to estimates, the online electricity price of the photovoltaic power station in my country has been lower than the average sales price.. Renewable energy has a large scale of fossil energy, which has already begun to have an economical feasibility.

. However, the intermittent and volatility characteristics of wind power photovoltaic increases the cost of grid consumption. According to the current energy storage system cost and photovoltaic cost, the power supply cost of distributed photovoltaic + energy storage has been similar to the general industrial and commercial price.

. In the future, as costs continue to fall, the competitive advantage will be more obvious..

It can foresee future urban energy systems, which may be dominated by photovoltaic + electric vehicles + storage, and battery will play a key use.. With the continued rise in residents and commercial electricity, my country’s electricity peak will be rapidly improved, and electric vehicles will be charged to effectively improve power system efficiency.

. my country plays an important use in the global battery industry, energy storage, and electric vehicle market..

At the beginning of 2018, my country’s powered lithium battery has been put into production and planned over 200GWH. The annual actual production is only 70.6GWH, and there is a structural excess of the battery market.

. But at the same time, my country’s electric vehicle sales have also rapidly rise. In 2018, the sales of new energy vehicles reached 12.

56 million, up 61.7%. Among them, pure electric vehicles rose by 984,000, growth rate of 50.

9%. The super layout of battery production can effectively protect the rise in electric vehicles in the future..

Thanks to the rapid decline in battery costs, my country’s electric vehicles have also have strong competitiveness for traditional fuel vehicles.. 2017 is the turning point of electric vehicle development.

Before 2017, the comprehensive cost of electric vehicles considering battery costs is higher than that of fuel vehicles.. However, after 2017, the overall cost of electric vehicles began to be lower than the fuel car.

The gap between the 2018 year is more obvious.. According to the cost data of my country’s first half of 2018, the cost of battery + electricity is only 50% of fuel.

. With the strengthening of infrastructure construction and other policy support, the electric car will still accelerate the formation of fossil fuel vehicles even if they leave government subsidies..

The tremendous cost difference will effectively promote the development of electric vehicles. It is expected that electric vehicles will continue to maintain more than 50% of growth in the future..

In the most optimistic situation, if the battery cost is further declining, and the current car production is effective, the growth rate of electric vehicles will reach 100% in 2019.. Before 2030, my country’s incremental automotive market will gradually transition to electric vehicles.

. Battery energy storage is amazing. In the first half of 2018, the world’s largest sales of powerful lithium battery manufacturers has risen by 10 times.

. Although my country’s battery energy storage is important or grid FM, the electricity price of the demand side has an economic feasibility with the distribution of photovoltaic power generation..

Important restrictions on the large-scale application of my country’s battery storage should be in the power system, and the future with the deepening of the reform of the electricity system, and the gradual release of the electric retail market, the battery storage is expected to usher in the explosive rising. The technical advancement and cost of battery and renewable energy declines, and serves global future prospects for climate change and achieving sustainable development..

However, the transformation of the energy system is a system engineering to strengthen international cooperation and the coordination of industry chains.. Important is reflected in the following two aspects: First, effectively promote the global synergy development of renewable energy, energy storage and electric vehicle industry.

Many governments have launched policies that encourage renewable energy, energy storage, electric vehicles, but most of these policies are lacking in isolation, lack of system coordination.. Future policy design should pay more attention to the transformation of the entire energy system.

Second, break the trade protection and tariff barriers. Thanks to huge market size and effective policy support, my country’s battery and renewable energy have achieved great achievements. Since my country’s cost decline is too fast, it may impact related industries in other countries.

Some countries have adopted anti-dumping tariffs such as anti-dumping tariffs.. In fact, technological advances are prolific, and my country’s low-cost technologies and products can help other countries achieve cleaning transformation at lower cost.

. Rejecting my country’s products may have greater difficulty to meet climate change globally. Countries should encourage international competition and cooperation in industries such as renewable energy, batteries, electric vehicles, and promote energy systems, and promote energy systems.

. The Global Battery Alliance of the Davos Forum brings together important companies and excellent experts in the world, and contributes to the global low-carbon cleaning transformation in the forum.

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