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World’s largest battery is being built in Vanadium U.S. energy...

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    World’s largest battery is being built in Vanadium

    U.S. energy storage surges in 2017

    Column 1 Column 2
    1 By John Lee
    January 3, 2018 • Reprints

     

    U.S. energy storage increases 46% In 3rd quarter. Hawaii, California, Massachusetts aim to be powered by 100% renewable energy by 2045. Global storage market to double six times by 2030 to a total of 305 GWh. China reportedly started construction of world’s biggest 800 MWh battery (equivalent of 16,000 Tesla model 3 batteries), and it’s made in vanadium

    Lithium batteries’ parasitic load factor and scalability may hamper future growth. Vanadium batteries could start dominating the utility energy storage sector in 2018 due to their proven reliability and longer battery life.

    With fierce competition amongst vanadium battery makers without clear winner, investing in vanadium mining company may be best way to participate in the rise of vanadium usage in batteries.

    The considerable upside of vanadium mining company valuation can be seen when compared with uranium mining company valuation.

    Much more to this article online ... four pages in total ...

    http://www.resourceinvestor.com/2018/01/03/world’s-largest-battery-being-built-vanadium?page=1
    Last edited by ASX101: 04/01/18
 
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