Sodium-ion batteries (Na-ion) present several advantages compared to the more widely used lithium-ion technology. They are efficient at high and cold temperatures, non-flammable when using water as a solvent, and do not contain harmful minerals, such as lithium, cobalt, or nickel. Sodium-ion batteries also have the longest
. But the key
is that sodium is easily obtained in nature. Sodium’s abundance and the fact that these batteries do not require critical minerals make their
considerably lower than that of lithium-based and redox flow batteries.
Advantages and disadvantages of sodium-ion batteries
Despite being safer and more cost-effective than other battery storage systems, sodium-ion batteries present some downsides. The main disadvantage of this technology is its
energy density, which is almost half that of lithium-ion batteries. They are also comparatively bulkier and heavier than lithium-ion batteries.
Increasing the
energy density of sodium-ion batteries is on the agenda of several battery manufacturers. In 2024, the Finland-based company Broadbit and the Japanese company NGK Insulators announced the production of a sodium-ion battery cell with an energy density of more than 200 watt-hours per kilogram.
Sodium-ion batteries market outlook
In 2023, the installed base of sodium-ion batteries accounted for less than four percent of the
global battery storage market, while
lithium-ion batteries dominated the sector. China is the industry leader with over 90 percent of the
sodium-ion battery capacity, amounting to some 40 gigawatt-hours as of 2023. This figure was projected to grow over fourfold by 2030. With battery storage requirements set to increase over the next few years, sodium-ion batteries would present an opportunity for the market if their performance developed successfully.
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