What is a Lithium-ion energy storage system?

A lithium-ion energy storage system is a solution that stores electricity using lithium-ion batteries and supplies power when needed. Thanks to its high energy density, long lifespan, and lightweight nature, it is widely used in residential, commercial, and industrial applications. These systems are often combined with renewable energy sources such as solar or wind power, storing excess electricity for use during peak demand times or power outages. They are also used to reduce electricity costs through peak shifting or cutting, and they play a vital role in business continuity planning (BCP).

In recent years, lithium-ion storage systems have gained attention for integration with electric vehicles (EVs), emergency backup during disasters, and as key components of smart grids in homes, buildings, and factories.

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