Grid-connected lithium-ion battery energy storage system towards ...
There are various kinds of LIB technology available in the market such as; lithium cobalt oxide (LiCoO 2), lithium iron phosphate (LiFePO 4), lithium-ion manganese oxide batteries (Li 2 MnO 4, Li 2 MnO 3, LMO), and lithium nickel manganese cobalt oxide (LiNiMnCoO 2) [2]. Each type of LIB technology has its advantages and disadvantages.