I hadn’t known ‘thermal runaway’ refers to a fire that’s very hard to put out.
There’s another term I hadn’t heard before in this video from Monique Miller, the chief investment officer of Australia’s Green Energy Finance Corporation.
She is interviewing some interesting people in the video even though it’s about an hour long (and to be honest I haven’t listened to all) but the term she used was in relation to pumped hydro which seems to be - so far - the main ‘alternative to lithium’ that the CEFC is looking at.
At the point where she’s working through the charts, on the third diagram she mentions that currently we’re not seeing enough “revenue signals” to give confidence to large investors.
…. and I guess VFB’s are giving even fewer of those exciting honey pot fiscal pherenomes that risk averse financiers are wanting to see?
But the times ARE changing according to the World Bank, China and even the UK’s main government investment bank funding Invinity recently and wherever we are on the battery development front, AVL is sitting on a mighty vanadium deposit in a great global locale …
Anyway, speaking to these slides (you can look for yourselves for the third) Monique was basically saying how great a disparity there had been in estimations for vs take up of large scale batteries;
View attachment 6199092The dotted line in the one below shows by how much the orders are exceeding estimations:
View attachment 6199095And if anyone has clearer representations of these charts which they are able to post here, I am sure that more people than I would very much appreciate it.
cheers
(20min delay)