Storage of Electricity – #Batteries & BIG imageThis discussion provides the current and future of of Li, G, NAM; H2O and more…
After Fukushima REBECCA JOHNSON 24 March 2011 https://www.opendemocracy.net/5050/rebecca-johnson/after-fukushima
LONG TSX-V: GGG $0.25 OTCQB: $GPHBF $0.19, July 28, 2016 Graphene 3D Lab Introduces New Type of Single Layer Graphene Material:
http://www.graphene3dlab.com/s/news.asp?ReportID=757543&_Type=News&_Title=Graphene-3D-Lab-Introduces-New-Type-of-Single-Layer-Graphene-Material
$GLFN – http://galenfeha.com/ and #Gummune
…
Author: arch1 Comment: http://www.stockgumshoe.com/2016/03/microblog-club-house-for-the-discussion-of-religion-politics-and-other-unmentionables-volume-5/comment-page-17/#comment-4886050 New development for battery research to make electric vehicles practical and cost competitive…
Best2You ~ Benjamin @H0U3
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$MGXMF – MGX Signs Definitive Agreement to Acquire Lithium Brine Projects in Chile – Permitting in Place to Commence Drill Program
https://www.mgxminerals.com/investors/news/2018/413-mgx-signs-definitive-agreement-to-acquire-lithium-brine-projects-in-chile-permitting-in-place-to-commence-drill-program.html
“Two samples from the Laguna Brava Project were received at PurLucid Treatment Solutions Inc. (“PurLucid”) facilities in Calgary, Alberta to undergo pilot testing to prepare a Rapid Lithium Extraction unit deployment. Drilling contractors will be on site this week to prepare the drilling program at Francisco Basin Project, which will be overseen by SRK Consulting to deliver a 43-101 complaint Resource Estimation as soon as the exploration program is completed.”
MGXMF long
$CECBF – CellCube’s EnerCube Signs Multi Year Agreement With Pembina Pipeline and Announces Senior Management Team
https://www.cellcubeenergystorage.com/cube-press-release-10092018
This seems to have more to do with Jet Power Controls now renamed “EnerCube Switchgear Systems Ltd.” and Pembina Pipeline Corporation who owns oil pipelines, not much to do with energy storage.
CECBF long
$CECBF lp-
Maybe not now, but energy storage IS in their wheelhouse, and the future looks bright for more business from drilling to storage. No need to look for a battery supplier when the time comes.
$EVSI – Envision Solar Announces the Delivery of EV ARC™ Products to Five California State Hospitals
https://mailchi.mp/envisionsolar.com/envision-solar-announces-the-delivery-of-ev-arc-products-to-five-california-state-hospital?e=6ae74f3a4f
“The five State Hospitals chose the EV ARC™ product because of its rapid and impact free installation, utility-bill-free EV charging and versatile capability of providing a source of both EV charging and backup power in the event of grid failure. The deployments follow the hospitals’ extensive plans in disaster mitigation and improving resiliency. The EV ARC™ product will provide clean solar energy for public and workplace EV charging and serve as a backup generator in the event of a blackout.”
EVSI long
$MGXMF – MGX Minerals Reports Gibraltar Silicon Project Metallurgy; Suitability for Metallurgical Grade Silicon Confirmed
https://www.mgxminerals.com/investors/news/2018/414-mgx-minerals-reports-gibraltar-silicon-project-metallurgy-suitability-for-metallurgical-grade-silicon-confirmed.html
“Results indicate that the material, after comminution and classification fraction, is of high initial purity (99.5 wt.-%), making the fraction chemically suitable as medium quality feedstock material for metallurgical-grade silicon production.”
MGXMF long
$SEDG – SolarEdge to Acquire Kokam, a Provider of Li-ion Cells, Batteries, and Energy Storage Solutions
http://investors.solaredge.com/phoenix.zhtml?c=253935&p=irol-newsArticle&ID=2371285
“The acquisition of approximately 75% of outstanding equity shares of Kokam reflects an aggregate investment of approximately $88 million, including related transaction expenses. The transaction is subject to customary closing conditions and is expected to close in the coming weeks. Over time, the Company intends to purchase the remaining outstanding equity shares of Kokam that are currently listed on the Korean over the counter exchange through open-market purchases and otherwise, eventually resulting in Kokam becoming a wholly-owned subsidiary of SolarEdge. ”
SEDG np
$FYI/$CECBF – INDEPENDENT ARTICLE
*Note: This is an independent article written / published about CellCube Energy Storage Systems
https://spectrum.ieee.org/green-tech/fuel-cells/its-big-and-longlived-and-it-wont-catch-fire-the-vanadium-redoxflow-battery.amp.html
“At the outset, it wasn’t at all obvious that flow batteries were the way to go. Indeed, we started off by reviewing all of the various battery technologies, including lithium ion, sodium sulfur, advanced lead acid, redox flow, and a few other novel concepts.”
CECBF long
# Batteries
A few names and notes of interest in this article:
https://www.energy-storage.news/blogs/long-time-coming-part-2
$FYI – SolarEdge buys Kokam, Duke Energy’s US$500m investment, New York funds solar-plus-storage
from Energy-Storage.news
https://www.energy-storage.news/news/list
This link is to Energy-Storage.news page
$FYI – Sunrun high efficiency, 8minutenergy on modules, New York solar storage fund
http://go.pardot.com/webmail/83602/395674237/c39fe1f86310d05a5e9c03840d27f4e4332187ac68c9972efcc6c1a1e7a0475a
This weeks news letter covers the gamut from R&D to finance.
I found this excellent interview on Battery Metals and Megafactories posted by Vector on Hot Copper’s Ardea thread.
Here’s the link if you wish to save it and read later.
https://www.cobalt27.com/blog/index.php?content_id=185
Cobalt 27 Q&A with Simon Moores, Managing Director, Benchmark Mineral Intelligence
Battery megafactories have become a buzzword in recent years. What are these factories and why do they have the battery metals industry so excited?
Battery Megafactories was a term Benchmark Mineral Intelligence created back in 2014 to describe any lithium ion battery plant over 1GWh in capacity.
Four years ago, the lithium ion battery industry was a completely different landscape. The industry was highly fragmented with very small battery plants geared to serving the mobile phone, laptop and power tool markets.
That was until Elon Musk and Tesla came along. In the early 2010’s, they introduced the Gigafactory plan to create the world’s biggest lithium ion battery cell manufacturing facility and EV manufacturing hub under one roof.
The plant, at 35GWh capacity, was equal to size of the entire industry.
Currently, the Tesla Gigafactory is at 20GWh of capacity and will produce at least 15GWh of cells in 2018. It will ramp to full capacity by Q1 2019 and produce at least 28GWh of cells in 2019 – an incredible achievement that is two years ahead of schedule.
The crazy thing is that all of these batteries are being consumed in the Model 3 – Tesla never foresaw this.
In fact, if Tesla hadn’t encountered its well-publicised engineering problems in early 2018, the company would have run out of lithium ion batteries.
What Tesla started with its Gigafactory is far more important than the company’s own achievements: it sparked a global race for electric vehicle battery cells that is still in full swing.
In Q1 2015, we had three battery megafactories in the pipeline according to Benchmark Mineral Intelligence’s Battery Megafactories Tracker – we were the only company at the time tracking these super battery plants.
Today we are at 50 megafactories worldwide and have surpassed 1TWh of capacity in the pipeline.
This is an incredible situation that is having a profound impact on the key battery raw materials of lithium, cobalt, graphite anode and nickel.
It has ushered in a new era for 21st century commodities.
How many factories exist today and how many can we expect to see over the next decade?
Right now, as I mentioned, we are at 50 megafactories.
Over half of this new capacity is located in China, with Europe emerging as the second most popular jurisdiction in recent years as Germany’s Auto OEMs seek cell supply security.
The US has been Gigafactory dependent but we expect to see more serious moves from the Korean battery majors in North America. This is especially true of LG Chem, which operates a plant in Holland, Michigan and SK Innovation that has aspirations of building a plant there.
2018 has seen a record number of plants being announced with Benchmark Minerals’ latest data standing at 24 plants end-September. This could easily surpass 30 by the end of the year and we do not expect this battery arms race to slow down anytime soon.
If the world continues pushing towards an infrastructure for tens of millions of pure EVs, together with energy storage capacity, we will need far in excess of 100 of these plants operating around the world.
Why are we seeing the emergence of the megafactories and which companies are building them?
The race to build the supply chain for electric vehicles is undoubtedly the reason behind the megafactory rush.
Battery companies have traditionally been very conservative. However, they now have enough confidence in the direction of the Auto industry that they are building battery plants in huge numbers and at scale.
Previously, anything the size of 3GWh of capacity was deemed as a significant investment.
Now we are orders of magnitudes bigger as Korean and Chinese majors push for battery plants and/or cumulative battery capacity in excess of 30GWh – close to Tesla Gigafactory size.
It’s important here to revisit my earlier point – in the early 2010s, the entire lithium ion battery industry in total was at the level of what is now a single megafactory plant’s capacity today.
And the industry thought Elon Musk was mad… now they are all following the blueprint he and Tesla have set.
The battery companies to watch are the Korea majors of LG Chem, Samsung SDI and SK Innovation, together with the Chinese battery champions of CATL and BYD.
Where is the demand growth for batteries coming from?
Pure electric vehicles are driving this trend – these are 100% battery powered vehicles with packs in excess of 50kWh in size.
Previously commentators discussed hybrids and plug-ins taking market share and impacting the supply chain.
Personally, I have never believed that hybrids and plug-ins – which represent inferior halfway-house technology – were going to beat pure EVs once they really made it onto the market.
Sure enough, we are now seeing the dawn of pure EVs where consumers have a choice at more reasonable price points. 2018 has seen the rise of Tesla’s Model 3 together with Chevrolet’s Bolt and Nissan’s new LEAF.
As I say, this is just the dawn. In the next four years a whole host of new, pure EVs from leading brands like VW, BMW, Mercedes, and Audi will reshape landscape and we will see serious choice and serious competition at even more competitive prices.
This period, between 2021 and 2023, will be an intense time for the supply chain and raw material suppliers.
The second biggest area of demand, which is just kicking off, is energy storage or ESS.
Only two years ago this market was 1GWh in size for lithium ion. In 2018, this will be four times bigger at 4GWh in size.
The crazy thing about the ESS market, is that these stationary storage projects – which can store power off-grid and recall it at the time of need – can now be upwards of 1GWh in size per project.
The second most important thing is that the utilities industry now has confidence that lithium ion technology functions at scale – primarily thanks to the success of Aliso Canyon project in California and Tesla’s Hornsdale project in South Australia.
This means more and more companies are requesting lithium ion-based systems at scales of 500MWh, 1GWh and above.
To boot, they are being installed quicker than ever.
If we think EVs will have a big impact in the supply chain for battery raw materials, just wait until this market really gets going post-2021.
Is this growth sustainable? Will it increase further in the next ten years?
Yes. This shift energy storage both in electric vehicles and in ESS is a megatrend that will define the next 100 years.
We cannot underestimate the power that high quality, abundant lithium ion batteries in these markets can hold outside of the immediate benefits of owning an EV or being able to store and sell power back to the grid.
The wider implications are game changing for the way we live out lives.
This could bring sustainable, renewable power to some of the poorest countries in the world and eventually bring about 100% pollution-free cities.
The technology is now proven and lithium ion batteries are getting better and cheaper. The innovation at the pack levels is making these cells even more effective.
Confidence in the final end product – whether it’s an EV or a energy storage system – is gaining serious momentum.
The only thing that remains is for the supply to be there and for the supply chain to scale. The demand side of the equation is no longer a debate.
How much extra battery metal supply will be required to feed the megafactories?
We are building a supply chain an order of magnitude bigger than what has been seen before.
Whereas a major battery producer used to purchase say 3,000 tonnes of lithium hydroxide a year, today they are seeking 30,000 tonnes a year all in the space of three years. A quite incredible shift.
Benchmark Minerals’ Battery Megafactory Tracker now stands at 1.1TWh of lithium ion cell capacity by 2028. This is for plants that are already being planned, there are still many more to be announced in due course.
However, based on the 1.1TWh of cell capacity, we will need:
882,000 tonnes of lithium hydroxide
218,000 tonnes of cobalt
1.3m tonnes of graphite anode
513,000 tonnes of nickel
These numbers include all cathode types and take into account our own assumptions of the move to 811 chemistry which we believe will be much slower than many are expecting primarily down to cost and safety issues.
Which metals will see the most supply pressure as a result of megafactory production?
As we stand today, lithium hydroxide will see the most pressure together with battery grade nickel chemicals.
We expect a cobalt squeeze post-2023 as these megafactories ramp up, however, it is our opinion that cobalt will never be engineered out of a lithium ion battery.
When predicting where the supply squeezes will come from, you have to consider every step in the supply chain and not just mined supply.
To make it into a lithium ion battery, these minerals and metals have to go through an extensive physical and chemical process. They have to be physically and chemically engineered at a nano scale – and in a consistent manner – to be accepted by a battery producer.
This is why scaling battery grade material is always going to be a tougher ask than building new mine capacity and an oversupply of mined material does not equal an over supply of battery grade material.
For an investor’s perspective, what are the most important points to bear in mind when considering the effect of megafactories on their battery metal portfolio?
The first is to work out what capacity is really being build and what is just announced.
The second step is to work out what cell chemistry the battery producer has chosen.
If its NCA, for example, the cobalt content will be much lower, yet if its an NCM chemistry you will need to ask what ratios of raw materials the producer is using. Is it 523 or 611? Has the battery producer invested in a low humid production facility to make 811? If so at what scale?
The third step is to really understand what partnerships and long term the cell producers have with auto OEMs – a strong supply chain based on strong relationships from mine to EV is the key to success in this market.
This analysis is something we offer in our Lithium ion Battery Megafactories Assessment subscription at Benchmark Minerals.
$MGXMF – MGX Minerals Announces Record Date for Dividend of ZincNyx Energy Solutions Shares; Provides Public Listing Update
https://www.mgxminerals.com/investors/news/2018/416-mgx-minerals-announces-record-date-for-dividend-of-zincnyx-energy-solutions-shares-provides-public-listing-update-2.html
“MGXMF long
$MGX lp
I am a tad confused by the wording in the announcement, so I sent a letter to the company seeking specifics:
Hello. I am a little confused about the wording below mentioning the
” 2nd Distribution of the payment of a dividend…”
Has there been a distribution made already?
The Company has determined to fix October 22, 2018 as the record date (the “Record Date”) for the proposed (2nd distribution) of the payment of a dividend in kind of common shares in the capital of its wholly owned subsidiary, ZincNyx (the “ZincNyx Shares” to shareholders of MGX as of the Record Date (“MGX Shareholders”).
Also, this from the same announcement:
As previously announced, shareholders of record of June 29, 2018 will receive a dividend of 33%.
Has there been any kind of paid dividend as of yet?
What constitutes the “first distribution”?
If not actually being traded, how, or will, it show up on my brokerage account in
any form, or will it just be “held” by MGX?
Thank you very much for your time and explanation.
Hey, maybe it’s just me, but hopefully we’ll get an answer. But if you have any knowledge regarding this, do tell please. Thanx.
I have not received anything from MGX. Sadly, this is not the only time that they have not responded to questions from myself about this stock spin off. nor have I seen anything posted from them on their sight answering such questions or trying to make it clearer.
But maybe it is just me. If someone knows, please share your knowledge about this with us, if you would be so kind.
CECBF —Long……https://finance.yahoo.com/news/cellcube-battery-storage-featured-independent-071000159.html ….Cowboy
$FYI – +AltEnergyMag Newsletter – October 17th, 2018
A few things in this issue;
What Are the Benefits of a National Energy Grid?
When Cars Think for Us: Autonomous Vehicles and the Role of Energy Storage
SEIA Releases New Go-To Guide for Residential Installations
O&M Considerations for Residential and C&I Rooftop Solar
http://campaign.r20.constantcontact.com/render?m=1126729309010&ca=1c5e3522-da4b-44f0-aa53-7718b8107fc0
$FYI – Vanadium price leaps to near-record high
“While the long term story for vanadium may be the battery sector, China’s introduction of new rebar standards next month is creating tightness in the market right now”
http://www.mining.com/vanadium-price-leaps-near-record-high/
Long Vanadium $CECBF $ASX:AEE , $AVL, $HDY, $TMT, $VONE
$FYI – Vanadium Established Record High $28.5, Latest Analysis
From China
Vanadium Established Record High $28.5, Latest Analysis From China
Vanadium reached all time high $28.6 today.
Here is vanadium analysis chart from China
https://twitter.com/johnlee25893955?lang=en
Take away:
1. Reduction in Chinese downstream steel processing
2. Shortage of stone coal feed worldwide
3. Chinese environmental restriction in roasting stone coal
4. Low vanadium inventory, no cushion
5. Intermediary traders arbitraging
Bottomline:
No inventory! No new mine supply! No relief in sight!
About Prophecy Development Corp.
For more information about Prophecy, please contact us at:
http://www.prophecydev.com
Prophecy Development Corp. no position.
$MGXMF – MGX Minerals Announces Arrival of First Rapid Lithium Extraction Oil & Gas Wastewater Treatment System
“A second 1,500 bpd system is near completion at PurLucid’s manufacturing facility in Calgary, Alberta and is expected to be deployed in approximately 60 days with additional wastewater and mineral extraction systems to rapidly follow throughout 2019-2020.”
https://www.mgxminerals.com/investors/news/2018/417-mgx-minerals-announces-arrival-of-first-rapid-lithium-extraction-oil-gas-wastewater-treatment-system.html
MGXMF long
#Iomic #CTEQF #Scalloy #Graphene #Electronics #EnergyStorage > Can carbon fiber car panels double as energy storage materials? by Nick Lavars https://newatlas.com/carbon-fiber-car-panels-battery-storage/56864/ #7Ps
$AVL,asx $AVLO #vanadium #WinWin
It’s quite scary how undervalued we are when looking at how obvious the future is!!
Demand may outstrip supply potentially for a decade if #VRBs become as important as expected given their massive thirst for #V2O5.
MinIng licence and CAPEX key now.
;Dhappyonvanadium added,
Mastermines
@VanadiumWorld
Flow #batteries in cars is total nonsense. We’re watching carefully #EV batteries in China research in a number of locations and different formulations. Can’t disclose more but watch #Vanadium and #nanotechnology in the future.
…
https://twitter.com/happyonlithium/status/1053800739586232321 TY
WTH ??…Can’t disclose more ??? Come on Gr8ful , we have to get ahead of the crowd !! ; ) …..Cowboy
$FYI – NREL, SDG&E Collaboration Expands Resiliency in Borrego Springs, Yields Nationally Scalable Results
“What NREL is working with SDG&E to better understand is how a microgrid controller with advanced technology would perform, specifically with the Borrego Springs microgrid. NREL is able to explore this safely at its Energy Systems Integration Facility (ESIF), which is home to an important and unique capability. The ESIF houses NREL’s megawatt-scale microgrid test platform, which allows utilities such as SDG&E to connect their microgrids and run a variety of simulations. ”
https://www.nrel.gov/news/features/2018/nrel-sdge-collaboration-expands-resiliency-in-borrego-springs-yields-nationally-scalable-results.html?utm_source=NREL+News&utm_campaign=86f03b706f-EMAIL_CAMPAIGN_2018_10_22_08_43&utm_medium=email&utm_term=0_807f77e7f4-86f03b706f-289507707
$AES lp Siemans: fluence joint venture
Fluence- (AES_SIEMENS) working with Australian government and companies for Battery Backup installation delivered.
http://blog.fluenceenergy.com/ballarat-commissioning-energy-storage-australia?utm_campaign=Press%20Release%3A%20UKPR%20II&utm_source=hs_email&utm_medium=email&utm_content=66889107&_hsenc=p2ANqtz-82e2PQ-fwhh9HPiGn0QKhztQ1Jssif9I7p4DNwRd2I5Mr02GwTAhco2aKTznK25oW81ovWSE3WKqNDvMIxWXhZfk75fg&_hsmi=66889107