Soda energy storage

Can caustic soda be used to make lithium batteries?

To help support the effort to provide lithium battery alternatives — and by extension support the energy transition — companies like Hanwha are working to ramp up the production of the materials, like caustic soda, required in the manufacture of both lithium-ion and sodium-ion batteries.

Is caustic soda the future of battery recycling?

As its use in battery production, recycling, and recovery grows, demand will continue to intensify, with battery recycling in particular projected to balloon as a global market from $8 billion in 2022 to $200 billion by 2040. To meet this present and future demand, the industry must step up caustic soda production.

Are sodium ion batteries the future of energy storage?

There is also rapidly growing demand for behind-the-meter (at home or work) energy storage systems. Sodium-ion batteries (NIBs) are attractive prospects for stationary storage applications where lifetime operational cost, not weight or volume, is the overriding factor.

Does energy storage keep pace?

In a report released on May 17, the International Energy Agency (IEA) confirmed that clean energy technologies, energy storage, and the critical minerals that power them have had another record-breaking year of expansion. As clean energy keeps expanding, it is important that storage keeps pace.

What is the future of battery storage?

IRENA12 estimates growth in utility-scale battery storage from 10 GWh in 2017 to between 45 and 187 GWh by 2030. Load levelling is an example of a utility-scale application, which stores energy in periods of low demand and then releases energy when there is high demand.

Can a company produce caustic soda without relying on minerals?

Thankfully, unlike lithium, this is something companies can do without dependence on critical minerals. Hanwha Solutions Chemical Division — South Korea’s largest producer of caustic soda — is expanding its facilities to produce 1.11 million tons annually by the end of 2024.