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Decentralised lithium-ion battery energy storage systems (BESS) can address some of the electricity storage challenges of a low-carbon power sector by increasing the share of self-consumption for photovoltaic systems of residential households.
Storage capacity of battery systems typically ranges from residential systems with 2–25 kWh to industrial battery systems on a MWh scale , , . Demand for BESSs continues to grow and forecasts expect that almost 3000 GWh of stationary storage capacity will be needed by 2040, providing substantial market opportunities .
Lithium-ion batteries (LIBs) have become the dominant technology for BESSs, in particular for short term storage , , , . Residential BESSs are employed to increase self-consumption of photovoltaic systems, sometimes referred to as energy time shift.
Earlier reviews have looked at life cycle impacts of lithium-ion batteries with focusing on electric vehicle applications , or without any specific battery application , . Peters et al. reported that on average 110 kgCO 2 eq emissions were associated with the cradle-to-gate production of 1kWh c lithium-ion battery capacity.
Not only are lithium-ion batteries widely used for consumer electronics and electric vehicles, but they also account for over 80% of the more than 190 gigawatt-hours (GWh) of battery energy storage deployed globally through 2023.
Demand for BESSs continues to grow and forecasts expect that almost 3000 GWh of stationary storage capacity will be needed by 2040, providing substantial market opportunities . Investments in battery energy storage systems were more than $5 billion in 2020. $2 billion were allocated to small-scale BESS and $3.5 billion to grid-scale BESSs .
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