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This review paper aims to provide a comprehensive overview of the recent advances in lithium iron phosphate (LFP) battery technology, encompassing materials development, electrode engineering, electrolytes, cell design, and applications. . As of 2024, the specific energy of CATL 's LFP battery is claimed to be 205 watt-hours per kilogram (Wh/kg) on the cell level. But what makes these batteries so special, and why are they suddenly taking over. . Lithium iron phosphate (LFP) batteries have emerged as one of the most promising energy storage solutions due to their high safety, long cycle life, and environmental friendliness. By storing energy from both renewable sources, such as solar and wind, and the conventional power grid, BESSes balance supply and demand, stabilizing power. .
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