In today's energy industry, the news of chip shortage and shortage of energy materials is not uncommon. Under such circumstances, the development of various industries has also been affected, such as the production and manufacturing of energy storage equipment.

With the continuous explosion of electric vehicles + energy storage, the market has a hot demand for lithium iron phosphate batteries, and the battery supply in the market is in short supply. At the same time, with global monetary easing and other factors, including positive raw materials, negative raw materials, electrolytes and other materials prices rose.

The price of lithium iron phosphate battery is higher than that of lithium carbonate, the cathode raw material. Take battery-grade lithium carbonate as an example, at the beginning of the New Year, its price has repeatedly set new highs, so far, the quotation has exceeded 400,000 yuan/ton, compared with the price of less than 60,000 at the beginning of 2021, a year's time increase of more than 6 times, the increase is amazing.

In the face of rising raw materials, since the second half of last year, each battery manufacturers have begun to raise prices. Compared with the beginning of last year, the price of the cell is generally increased by about 30%, and the manufacturer's quotation cycle is shortened, so the price will rise at any time. Moreover, due to the huge gap demand on the demand side, the supply cycle is generally extended.

Battery is the equipment that accounts for a very high proportion of energy storage power station investment. The rise of battery price will have a great impact on the development of the industry.

Keywords :What is the impact of rising raw materials on energy storage?