New York times article, page-5

First 5 Last

Share
Profile

Follow
NavyDiver

4,463 Posts.

774

16/01/17

11:44

Post #: 21918029
Share

Originally posted by Brumbypat ↑

Yes it's a good article on a number of fronts, thanks to the OP for sharing.

We are all here and interested in batteries because we believe they make sense as a practical replacement to power stations. But I feel the article makes a great point that I don't often see in renewable energy media websites that are the main source of information for many people researching this. I find there is too much happy clapping in support of anything green from these outlets, and from a business or industry sense, far too little critical thinking.

The below par immediately jumped out at me and I really feel like this is the whole crux of where the industry is at present.

"The stakes are high for both energy storage companies. If their projects struggle or fail, it could jeopardize not only the stability of Southern California’s grid but also interest in the technology over all."

I guess if you are in Redflow's corner, you would hope that any lithium failures at large scale projects like these would lead companies to turn to flow batteries. But IMO there is still a decent risk that a failure with Lithium based tech puts the whole idea of grid scale storage on ice for a number of years if one of the majors struggle to make these early projects work.

Expand

I just was on the phone with my power provider at home. My rate 25 cents just jumped to 33 cent p KWH. A 32% jump! I would swear a contract signed in September 2016 for .25 would last a bit longer!!

I doubt Flow Batteries want lithium to fail. I did think the comment "Flow batteries are experimental" in the article was a little suspect. It has been used for decades since 1970s in various forms and even well before that.

33cents- wow!!!! Feed in rate 7cents. Batteries looking so close for home as well!

Last edited by NavyDiver: 16/01/17

RFX Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

SS1

Sun Silver confirms high-grade extension theory at Maverick Springs with 79.6 g/t intercept

MTM

Forget gallium: MTM says it's extracted gold from e-waste

ASX Market Open: Local bourse to trade green | Thursday September 12

GTR

GTI extends uranium mineralisation at Lo Hema through development drilling

NEC

Nine Entertainment announces its CEO is stepping down – on an ex-divvy day

BRX

Belararox to grow copper footprint in Botswana with 4,286 square km tenure

3 stocks with antimony news on Thursday

DXB

Dimerix begins recruiting young kidney disease patients in Mexico for Phase 3

CU6

Clarity progresses SECuRE trial with positive safety results

CHN

Chalice jumps on Putin nickel export ban threat – but then there's bad news