Battery technology supports future energy changes

In the world today, environmental and energy issues are becoming increasingly prominent. Countries around the world are pursuing energy conservation, emission reduction, and the development of renewable energy such as wind and solar energy. Batteries are hailed as key link in new round of energy reform in the future, and also supporting technology for the development of clean energy power and energy storage industries. They will all play great roles in automobiles, electric vehicles, consumer electronics, new energy grid connection, intelligent power grids, microgrids, and distributed energy systems, home energy storage systems, power supply projects in areas without electricity, energy Internet, and even future energy security. According to the official information of Guangzhou Pazhou International Convention and Exhibition Center, the Grandeur Exhibition Group Guangzhou Shuoxin Exhibition Co., Ltd. holds GBFASIA 2016 Asia-Pacific Battery Show on September 26~28 to fit in with the domestic government's planning requirements for the development of new energy industries, and two exhibition halls are planned. A top event in the field of batteries and energy will be presented by more than 25,000 industry professionals and top technical talents.

Scientists and engineers have long believed that batteries can change the world. Nowadays, energy storage is finally starting to make this dream a reality. Advanced batteries begin to leave the laboratory and enter the "super factory". The scope of application has expanded from smart phones to electric vehicles and intelligent power grids, and has gradually entered the mass market from niche markets.

The Boston-based Lux Research says that today's energy storage is a US$33 billion-scale global industry. At the end of the second decade of this century, the value of this industry will exceed US$ 50 billion and the annual power generation will reach 160 million kWh. The Wall Street Journal said that a team from tech giant Google is secretly developing better batteries. Analysts speculate that Apple is doing the same. BMZ in Karlstein, Germany, is building Europe's largest rechargeable battery factory. Almost all large auto manufacturers in the world sell electric vehicles on the market, and have invested much money in designing and manufacturing new batteries to provide powerful power for their own electric vehicles.

According to the study by China Chemical Market Corporation, China's lithium battery market expanded by 400% in 2017. Chinese companies invested hundreds of millions of dollars in U.S. battery companies without hesitation just to obtain the latest technology in the battery field in meeting growing demand. Recently, the news that Guoxuan High-Tech Co., Ltd. and Kangsheng Group announced their entry into the Luzhou National Hi-tech Zone to invest in the construction, production and R & D base has become the industry focus. It is reported that the project is expected to attract investment of a total of RMB 3 billion, with total production capacity of 1 billion amperes and a total floor area of 293mu (equivalent to 19.5ha). Analysts said that the cooperation of Kangsheng Co., Ltd. will use Guoxuan High-Tech's solid supply chain foundation to rapidly build its production capacity of lithium battery, and ensure its supporting capabilities in the company's continuous trading volume of new energy vehicle in the future.

In recent years, China has gradually grown into the world's largest battery producer and consumer through technological innovation. Lithium batteries, battery-related technologies, materials, and equipment are constantly being introduced. New battery technology e.g. hydrogen fuel cells, flow batteries, super capacitors, and physical energy storage batteries has also gained rapid progress, and part of the technologies are at the forefront of the world.