Lithium ion battery energy storage systems is an essential link in the distributed generation and Microgrid system to realize the functions of electric energy storage, peak shaving and valley filling, and stabilizing the output fluctuation of new energy. With the continuous development of lithium battery technology and the strong support of lithium-ion batteries and new energy technologies all over the world, large-scale lithium-ion battery energy storage system devices have been more and more developed and applied.

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The energy storage market includes large-scale electric energy storage, household energy storage, backup power storage, etc. Under the existing technology, the cost performance of lithium-ion battery in the field of backup power supply and energy storage has been significantly improved. The field of backup power supply and home energy storage is a more suitable field for the application of lithium-ion battery at this stage. Among them, the market of energy storage, especially backup power storage, is particularly broad, and the future market potential of lithium battery energy storage is unlimited.