Dependable and efficient energy storage systems are indispensable for modern sustainable energy applications. Lithium-ion batteries (LIBs), with their proven reliability and high energy density, have become the foundation of contemporary energy storage, powering applications ranging from portable electronics to electric vehicles (EVs) and grid-scale renewable energy systems. Critically, LIBs are increasingly vital for integrating variable renewable resources, such as solar and wind, into large-scale electrical grids. By enabling the efficient capture and on-demand discharge of electricity, they provide essential electricity and flexibility to modern sustainable power systems. Despite their dominance, challenges persist in terms of energy density, life cycle, and safety, which limit their full potential. Consequently, LIB technology remains paramount for realizing a cleaner, electrified future across several diverse sectors. This review systematically examines recent advancements in LIB technology, focusing on three critical performance metrics: (1) energy density, where innovations in high-capacity silicon anodes, nickel-rich cathodes, and solid-state electrolytes have pushed boundaries; (2) life cycle, addressing degradation mechanisms such as solid electrolyte interphase (SEI) growth and lithium-plating through advanced electrolytes and manufacturing techniques; and (3) safety, mitigating thermal runaway risks via ceramic-coated separators, flame-retardant additives, and robust battery management systems (BMS). Furthermore, the review highlights emerging technologies such as lithium-sulfur and solid-state batteries, which promise transformative gains. This review identifies significant gaps by synthesizing material innovations, failure mechanisms, and industry trends. It provides a road map for future research, emphasizing the need for sustainable materials, scalable manufacturing, and stringent safety protocols to meet the growing demands of next-generation energy storage.
Makeyaw et al. (Thu,) studied this question.