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They are less prone in order to overheating and burning compared to be able to lithium-ion ones because sodium’s chemical traits are more stable, according to be able to some studies. But others warn that it is still too early to be specific about their safety due in order to a lack regarding relevant research. Sodium is widely dispersed in the sea and the Earth’s crust, making it about four hundred periods more abundant than lithium. Sodium-ion cells are therefore more accessible and potentially cheaper in order to produce at scale.
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The world’s grid-scale energy storage capacity will need in order to grow nearly 35-fold between 2022 and 2030 if it is to be able to achieve net-zero simply by 2050, according to International Power Agency (IEA). But the price regarding lithium started in order to plunge in late 2022 in addition to is at a fraction associated with its peak level today. A Single reason is that major Chinese battery makers such as CATL and Gotion have expanded their lithium-processing capacity, Zhang says.