Australia's largest stock trading and investment forum Australia's #1 stock forum

GXY

Click for more information

0.00%

$5.28 galaxy resources limited

Supply outlook, page-5

First 5 Last

Share
Profile

Follow
Bikida

1,242 Posts.

13

05/07/17

18:56

Post #: 25687419
Share

Originally posted by dward1 ↑

Absolutely agreed. And that's only EV. We're seeing ever cheaper solar panels, yet that energy needs storing somewhere for nighttime use. Not only on an industrial scale, but Tesla's powerwall and other company equivalents will gain massive popularity imo.

I live in a new suburb far north of Perth and almost every roof has panels on it. For me personally the powerwall is quite expensive for what it is currently. But AFAIK the plan is to bring it's price down over time. I'm sure mass battery production in gigafactories will play a role in this. Once they're cheap enough, I think in a country as sunny as this it would be crazy not to grab solar panels/battery.

So don't forget the role of home energy storage in lithium demand/supply, everyone!

Expand

Battery prices will continue to fall.

When the Powerwall 2 was announced, it came in at 21c per warrantied kWhr.

Already there is another battery pack on the Australian market that beats it, at 19c per warrantied kWhr.

GXY Price at posting: $1.86 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

RBA holds rates as ALP election campaigning kicks off – expect more political focus

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 2 more messages in this thread...

First 5 Last

Add GXY (ASX) to my watchlist