Vehicle Electrification is real. Lithium and cobalt are proven...

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Faz206

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12/06/18

02:03

Post #: 33639322
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Originally posted by CaptainBarnacles ↑

I've seen a lot of hockey sticks in charts. But it is useful to see where we were at in 2017, if this is accurate. I'm sure we'll eventually use a lot more energy storage, but how quickly and what forms are an open question. We also have new power generation focusing on on being able to stabilise the grid, with bit of battery backup. This is currently much lower cost than batteries which are low on capacity per dollar spend comparatively. I think that it will be far cheaper for the market to become more flexible with generation, and use the solar and wind when it is being produced, rather than storing it -on balance - in a ridiculously expensive fashion. The battery costs need to reduce significantly for mass adoption as per this chart IMO. It might happen - but I would put the odds very low. Locally it costs about $10k for a tiny 7 kwh powerwall that will be junk in ten years. There is no way that can be economic or environmentally sensible in any suburban or grid connected situation IMO.

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Vehicle Electrification is real.
Lithium and cobalt are proven tech at the moment.

Solar and wind energy cost is getting lower and lower.
Now important issue is with storage for uninterrupted service. And solution is cheap battery and we are heading there.

FYI: The price of large orders for mainstream lithium ion battery cells has fallen to $139/kWh, Sam Jaffe, Managing Director of Cairn Energy Research Advisors explained to institutional investors on the Benchmark World Tour 2017 in New York.
While lithium ion battery prices can still range significantly, large orders from major electric vehicle manufacturers are fast approaching the $100/kWh mark. The question still remains: at what profit, if any, are the battery manufacturers making on this?
“The journey to the mythical $100 per KWh has sped up in the last few years and we’ll definitely arrive by 2020,” Sam Jaffe told delegates at Benchmark Mineral Intelligence’s third annual world tour hosted at UBS’ HQ in New York city.
http://benchmarkminerals.com/lithiu...-new-york-hears-on-benchmark-world-tour-2017/

ALSO https://cleantechnica.com/2017/12/11/batteries-keep-getting-cheaper/

Last edited by Faz206: 12/06/18
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