The maximum service life of battery energy storage systems is 30 years. This record is held by sodium-ion batteries. In comparison, lithium-ion batteries' lifetime reaches a maximum of 15 years.
Sodium-ion batteries also account for a high efficiency; less than 10 percent of the energy stored in this type of battery is lost.
Service life of battery energy systems worldwide in 2023, by technology
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The Faraday Institution, & Rho Motion. (September 14, 2023). Service life of battery energy systems worldwide in 2023, by technology (in years) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1423059/life-of-battery-energy-systems/
The Faraday Institution, und Rho Motion. "Service life of battery energy systems worldwide in 2023, by technology (in years)." Chart. September 14, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1423059/life-of-battery-energy-systems/
The Faraday Institution, Rho Motion. (2023). Service life of battery energy systems worldwide in 2023, by technology (in years). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1423059/life-of-battery-energy-systems/
The Faraday Institution, and Rho Motion. "Service Life of Battery Energy Systems Worldwide in 2023, by Technology (in Years)." Statista, Statista Inc., 14 Sep 2023, https://www.statista.com/statistics/1423059/life-of-battery-energy-systems/
The Faraday Institution & Rho Motion, Service life of battery energy systems worldwide in 2023, by technology (in years) Statista, https://www.statista.com/statistics/1423059/life-of-battery-energy-systems/ (last visited August 24, 2024)
Service life of battery energy systems worldwide in 2023, by technology (in years) [Graph], The Faraday Institution, & Rho Motion, September 14, 2023. [Online]. Available: https://www.statista.com/statistics/1423059/life-of-battery-energy-systems/