Which Company has the Largest Battery Energy Storage System in the World?
Battery Energy Storage Systems (BESS), also known as Big Batteries, provide a broader variety of benefits to energy grids, including recourse in times of imbalance in the supply or demand for electricity, frequency management, grid stabilization, and so on. As a result, an increasing number of players are investing in BESS while attempting to meet net zero and other climate-friendly standards.
Some of the world’s largest Battery Energy Storage Systems can power thousands of households for hours or even days at a time. In this brief essay, we will discuss the world’s largest BESS corporation and what energy usage will be in the future.
The World’s Largest Lithium-Ion Battery Producer
CATL: Contemporary Amperex Technology Ltd. (CATL), based in China, is the world’s largest lithium-ion battery producer, producing batteries for electric vehicles and, more recently, products and solutions for energy storage.
CATL took part in a 50 MW/100 MWh storage project in Haixi Prefecture, Qinghai Province, in 2018. Sales revenue from its storage division climbed nearly 12 times over the previous year in the same year.
It grew by more than 200% year on year in 2019 and 2020, reaching CNY 1.9 billion ($295 million) in 2020.
CATL’s storage solution addresses significant storage situations such as power generation storage, grid storage, and consumer storage.
CATL provides power generation customers with precisely calibrated support for grid-friendly power output using high-quality battery cells and an in-house battery management system (BMS).
On the grid, CATL’s storage solution can significantly aid in peak shaving and frequency management, hence increasing the capacity for renewable energy variations.
Meanwhile, storage devices have been used on a broad scale in industrial, commercial, and residential settings, and have been expanded to new scenarios like base stations, UPS backup power, intelligent charging stations, and off-grid and island/isolated systems.
The Rising Champion- Benti Energy
Benti Energy (BENTI): As one of the largest solar inverter manufacturers and one of the first companies to invest in energy storage.
They have also developed a close working relationship with CATL, establishing a solid long-term commercial tie in the energy storage system industry.
BENTI’s energy storage systems have been used in China, the United States, the United Kingdom, Canada, Japan, Australia, and other countries. As of now, the organization has more than 50 primary clients worldwide.
Benti Energy, situated in Shenzhen, China, is a significant maker of lithium-ion batteries. They have been manufacturing high-quality BESS for over ten years and also provide customized Original Equipment Manufacturer (OEM) solutions to other industries.
According to China Energy Storage Alliance statistics on worldwide energy storage projects, Benti Energy is emerging as the industry leader in offering the most comprehensive energy storage products. For the previous four years, the firm has ranked top in China for storage installations.
The Future of Energy Consumption
The global goal of achieving net zero carbon emissions by 2050 means that we will most likely use more electricity than ever before in the coming years.
Electrochemical storage is popular among all energy storage technologies due to its maturity, simplicity, and ease of deployment.
To meet the increased demand, the electrical distribution network will need to change. So, how will this impact and change our existing electrical networks in the future?
The “electrical grid” is the network that transports electricity from where it is generated to where it is used, primarily in our homes and businesses. The simplest way to conceive of it is as a road network, but instead of cars, it transports energy.
- The transmission network is analogous to the highways that transmit electricity around the country.
- The distribution network moves electricity from the transmission network to our homes and businesses in a way that is similar to how local roads work.
Our road networks can handle the quantity and flow of vehicles that exist today, but a major increase in the number would produce congestion and significantly delay travel. Similarly, our energy grid will need to be able to transport more electricity in the future, so it is continually being enlarged and modernized to ensure that it is ready to deal with this increase.