These batteries have gained popularity in various applications, including electric vehicles, energy storage systems, and consumer electronics. Lithium-iron phosphate (LFP) batteries use a cathode material made of lithium iron phosphate (LiFePO4).
Lithium-iron phosphate (LFP) batteries are just one of the many energy storage systems available today. Let’s take a look at how LFP batteries compare to other energy storage systems in terms of performance, safety, and cost.
Lithium iron phosphate (LiFePO 4, LFP) has long been a key player in the lithium battery industry for its exceptional stability, safety, and cost-effectiveness as a cathode material.
Lithium-iron phosphate (LFP) batteries are known for their high safety margin, which makes them a popular choice for various applications, including electric vehicles and renewable energy storage. LFP batteries have a stable chemistry that is less prone to thermal runaway, a phenomenon that can cause batteries to catch fire or explode.
Negative electrodes (anode, on discharge) made of petroleum coke were used in early lithium-ion batteries; later types used natural or synthetic graphite. Multiple lithium iron phosphate modules are wired in series and parallel to create a 2800 Ah 52 V battery module. Total battery capacity is 145.6 kWh.
The LFP battery uses a lithium-ion-derived chemistry and shares many advantages and disadvantages with other lithium-ion battery chemistries. However, there are significant differences. Iron and phosphates are very common in the Earth's crust. LFP contains neither nickel nor cobalt, both of which are supply-constrained and expensive.