[Energy people are watching, click on the upper right corner to add 'Follow'] Asia Pacific Guoxuan Hi-Tech's another lithium battery material project has started recently, and another lithium carbonate project of Guoxuan Hi-Tech has been announced to start. On December 29, major

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Asia Pacific

Guoxuan Hi-Tech's another lithium battery material project started

Recently, Guoxuan Hi-Tech's another lithium carbonate project announced the start of construction. On December 29, major projects in Yifeng County, Jiangxi Province started in the fourth quarter of 2021. Among them, the Yifeng Guoxuan Lithium Industry Project is expected to build a lithium battery-grade lithium carbonate project with an annual output of 50,000 tons and an annual output of 7.5 million tons of lithium ore. It is planned to be completed and put into production in the fourth quarter of next year.

shared energy storage exploded, and 84 projects exceeded 12GW/24GWh filing announcement

Recently, six shared energy storage projects invested and built by China Energy Construction Group Investment Co., Ltd. and Inner Mongolia Branch and Inner Mongolia Mengdong Energy Energy Service Co., Ltd. have passed the filing. The total investment of the project is 1.82 billion, the total construction scale is 650MW/1300MWh, and the unit price of energy storage is 1.4 yuan/Wh.

In addition to Inner Mongolia, multiple provinces have also been under construction or registered with multiple shared energy storage power stations. According to incomplete statistics, in 2021, six provinces including Qinghai and Ningxia have successively proposed to build and develop shared energy storage in their policies. Up to now, a total of 84 shared energy storage projects have passed the filing or public announcement, mainly distributed in nine provinces including Inner Mongolia, Hubei, Shanxi, Ningxia, and Gansu. The total scale of the project exceeds 12GW/24GWh.

Japan's Nippon Koei will deploy a 99MW battery energy storage project in the UK

According to foreign media reports, Japanese engineering developer Nippon Koei recently said that the company's subsidiary in the Netherlands is developing two battery energy storage systems (BESS) that have completed financial settlements.

, the two battery energy storage systems with installed capacity of 49.5MW, will be deployed in Tollgate and Cuxton villages near London. As a one-stop service, Nippon Koei Energy Europe BV (NKEE) leads the planning and development of these two energy storage projects, EPC delivery, investment and operation. The deployment is scheduled to be completed in spring 2023 and once put into operation, it will provide a number of services to the UK power system, including balancing mechanisms and dynamic containment.

Australia's capital region plans to bid for a 250MW battery energy storage project

According to foreign media reports, the Australian Capital Territory (ACT) government recently stated that it will bid for the Big Canberra Battery battery energy storage project, which plans to deploy 250MW.

Europe

Meridian Energy plans to deploy a 100MW battery energy storage project in New Zealand

According to foreign media reports, New Zealand energy developer Meridian Energy recently announced that it plans to install New Zealand's first grid-scale battery energy storage system near an oil refinery in northern Auckland. As part of a hybrid deployment renewable energy project, it aims to stabilize grid operations and strengthen power connections between the North and South New Zealand archipelago.

American

Tesla: It is recommended to regularly charge Model 3 equipped with lithium iron phosphate batteries to 100%

12-29th news, Tesla recommends that Model 3 owners equipped with lithium iron phosphate (LFP) battery cells to regularly charge Model 3 owners. The revised US Model 3 owner manual says, "If your vehicle is equipped with lithium iron phosphate batteries, Tesla recommends that you set the charging limit to 100%. Even for daily use, you must fully charge to 100% at least once a week."

This is different from the habits of Model 3 electric car owners equipped with ternary lithium battery packs. Tesla recommends that vehicles equipped with ternary lithium battery packs charge to 80% or 90% most of the time, and only 100% are recommended if you travel for a long distance.

Another suggestion involves the Model 3 being parked for more than a week, in which case Tesla recommends driving as usual and charging to 100% as early as possible when it is convenient.

market

soared by 240%, will the lithium price continue to rise?

Recently, industry analysis agency S&P Global Platts released the "Commodity Outlook for 2022" report stating that as of the second week of December this year, the price of seaborne lithium carbonate has set a new record of US$32,600/ton; at the same time, the price of seaborne lithium hydroxide has also reached US$31,900/ton, also reaching a historical high. The price of seaborne lithium carbonate has risen 413% compared with the beginning of this year, and the price of seaborne lithium hydroxide has also increased by 254%.Data released by the metal market research institution "Basic Mineral Intelligence" (BMI) also shows that the lithium price index has soared by 240% between May and October this year, a rise of 240%, a record high in the past five years.

According to data released by S&P Global Platts' "Global Market Intelligence", by 2022, the total global metal lithium supply will reach 636,000 tons of lithium carbonate equivalent, a double-digit increase from 408,000 tons in 2020 and 497,000 tons in 2021. From the demand side, the global demand for metal lithium will reach 641,000 tons in 2022, which is also far higher than the 342,000 tons in 2020 and 504,000 tons in 2021. This data means that in 2022, the global lithium market will continue this year's shortage, with the supply gap reaching 5,000 tons.

Generally, the industry believes that from the perspective of supply and demand in the lithium market, the supply in the lithium market will still be in a shortage next year, and prices may continue to rise in the medium and long term.

This article is comprehensively compiled by EnergyTrend, Trend.

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