Term paper
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BATTERIESOFTHEFUTUREcopy.docx1
Running head: BATTERIES OF THE FUTURE
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BATTERIES OF THE FUTURE
BATTERIES OF THE FUTURE
Power failures are a common fact of life and they can be disastrous and frustrating. Uninterruptable Power Supplies (UPS) help to manage a corporate network humming even when the power tripped or a larger outage. However, the lithium ion battery has gained more recognition than any other batteries in the recent years. Like any other batteries, the chemical reactions among the anode, cathode and electrolyte brings electric current (Berckmans, 2017). Some of the advantages and disadvantages of lithium ion batteries, factors such as market, capacity, and safety of a lithium ion battery will be considered.
One of the major factors that can affect the quality of Lithium ion batteries is the market factor. The market factor relates a lot to the cost of the product. According to Berckams (2017), Lithium ion battery expensive to produce and the total product cost is around 40 percent higher than nickel-metal hydride battery. And that shows how the strong impact of the market has influenced the production of the lithium ion batteries. For example, governmental and non-governmental bodies are asking for an increased capacity with lower cost to meet the need of greenhouse gas reductions. Additionally, the availability of a material is also considered as a market factor. As a matter of fact, many competitive materials have been developed and are still developing with time, Berckams (2017). Some of those materials are LCO, LMO, LFP, 111 and 532. These materials are highly competitive and each one of them has its own advantage and disadvantage on its application. Moreover, some properties at batteries may affect on the markets, especially their size and weight. As Tarascon (2010) mentioned, Lithium ion batteries are smaller and lighter than other batteries.The size and weight of the lithium ion made it demand higher in the market than other batteries. And that proves that size and weight are important factors at selling point.
