China’s first sodium-ion battery energy storage station could cut reliance on lithium
“The energy conversion efficiency of this sodium-ion battery energy storage system is over 92 per cent, higher than the current common lithium-ion battery energy storage systems,” Gao Like, a manager at the Guangxi branch of China Southern Power Grid, said in an interview with the state-owned China Central Television.

Lithium-ion battery energy storage systems have an efficiency rate of 85 to 95 per cent.
As the world transitions towards cleaner energy sources such as wind and solar for power generation, energy storage systems can be used to enhance the flexibility and reliability of power grids, and help in the scaling-up of renewable energy.
Lithium-ion battery energy storage accounted for more than 95 per cent of the capacity, with other emerging technologies accounting for the rest.
Although China currently dominates the global lithium-ion battery supply chain, it is highly reliant on imports of battery materials, such as lithium and cobalt.
By contrast, sodium-ion batteries are seen as a promising alternative to the resource-dependent lithium-ion batteries due to the abundance of the natural resource and low costs, as well as better performance at low temperatures and faster charging rate.
Once sodium-ion battery energy storage enters the stage of large-scale development, its cost can be reduced by 20 to 30 per cent, said Chen Man, a senior engineer at China Southern Power Grid.
This can be achieved through further improvements in the sodium-ion battery structure, manufacturing process, material utilisation and cycle life, thus lowering the energy storage cost per kilowatt-hour of electricity, he said.