GXY galaxy resources limited

LI hits peak as power source, page-3

  1. 590 Posts.
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    Yes... another great example of where things are headed.

    Electrical storage will soon power everything, maybe eventually super battery tankers could discharge electricity into foreign grids from solar and wind superpowers such as Australia and the middle east. I bet a cargo of electrons would eventually be worth way more than our massive fossil fuel exports.

    But shorter term and happening right now, here are yet more examples as to why we are in the midst of the electrical storage big bang that will expand and inflate the Gxy:

    • The world bank is predicting a 1000% increase in lithium and battery material demand by 2050
    • The canary UK and schoolkids worldwide have both declared a climate change emergency as the dawn of the age of the 6th extinction. It now looms so large and is unfolding so rapidly that it increasingly demands action within a decade - and the only realistic action is to stop releasing the carbon bonded to the hydrogen energy carrier contained in any type of fossil fuel.
    • Therefore the chances of a slow and orderly transition away from fossil fuels is sheer fantasy. Why? The effects of a Co2 level went to 260 to 400PPM in a leisurely 250 years by 2015, is today, just 4 years later, a shocking 430PPM in the Arctic - an indication that massive releases of frozen methane from melting tundra is now accelerating exponentially.
    • The change in the thermal balance of the planet as reflective snow and ice melts, replaced by dark heat absorbent ocean and plants, is creating a powered up firestorms, floods, hurricanes, heat waves, cold snaps or droughts on a regular basis right on your doorstep, wherever on the planet you now live.
    • Climatic refugees, both animal, plant and human are rapidly growing, forced off once productive habitats... even the largest living structure on the planet, the great barrier reef, is migrating south as it cooks in the north, in search of cooler waters... man is no different.
    • Musk says Tesla Gigafactories alone will consume more lithium than the current world production as it ramps up it car, SUV, truck, power wall and grid power storage output
    • TESLA alone is now producing more batteries for electricity grid storage each year than all of the previous years cumulative world battery capacity ...... the thin end of a trend of an exponential growth wedge with no end in sight
    • Solar power output around mid day in many countries is already swamping electrical grids causing negative pricing - ie you have to pay someone to take it off your panels
    • Battery farms can suck in near free or even negatively priced green power - and incredibly be paid to charge battery banks then resell it at peak times to obtain top dollar
    • Battery peaking plants now give a better ROI than gas plantseven in the USA despite it being awash in cheap fracked gas -
    • Pure economics is now putting the brake on all types of fossil fuel power plant financing because batteries now give a better return - someone please please hammer this factoid into the heads of the Libs still getting high on snorting coal dust - feel free to use a lump of coal to do it if need be!
    • The bottleneck dampening lithium demand is the dearth of battery production plants with many would be electric car makers having failed to secure enough supply causing them to restrict production
    • Smarter electric car makers like BYD and TESLA who have secure battery supply have a huge early adopter advantage enabling them to ramp down pricing as volumes ramp up whilst others are forced to pass on 3rd party supplier battery premiums, crippling demand for their vehicles - the likes of Ford will worth less than their massive inventories of rusting exhaust pipes
    • Solar and wind power costs continue to dive so far below ant type of fossil fuel power production plants that batteries can economically be added to the mix, then go on to capture peak power pricing in milliseconds whilst the others are forced to watch their steam generator boil

    Its only a matter of time before the demand curve for lithium turns vertical and crosses the lumbering timeline required to bring on new supply
 
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