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  • Sonnen battery storage plan to take utilities “out of business”

    A household with at least 5kW of solar can buy one of Sonnen’s battery storage systems, and then be provided with all their electricity needs for a flat rate of $30, $40, or $50 a month, depending on the size of their solar system, storage and daily usage. It merges, into one product, the various new concepts such as peer-to-peer trading and virtual power plants. The participants in the Sonnenflat will essentially sell excess power to each other, or to Sonnen, who then package it up and use it to trade – via a third party – in the wholesale and other markets, such as ancilliary services. For the customer, it takes away the pressure and worry about when to use appliances. They don’t have to care about load shifting or how much is stored or exported or drawn down from the grid. For a flat fee, Sonnen will take care of it, the customer uses what they want, within certain parameters. continue reading
  • Energy storage already cost-competitive in commercial sector, finds study

    Global research institute McKinsey & Company has analyzed current energy storage prices and concluded that commercial customers are already feeling the economic benefits of cheaper batteries and recent price falls in lithium-ion technology. With battery-pack costs now down to less than $230/kWh – compared to around $1,000/kWh as recently as 2010 – storage uptake is on the rise across Europe, Asia and the U.S. This growth is being facilitated by a greater uptick in electric vehicle (EV) adoption, with major players now scaling-up their lithium-ion manufacturing capacity in order to meet demand. continue reading
  • Volvo: Gas-only cars are history after 2019

    The Swedish automaker is slamming on the brakes on vehicles powered solely by internal combustion engines, announcing that every car it makes from 2019 onward will have an electric motor. continue reading
  • Northvolt proceeds with Västerås and Skellefteå in the site selection process of establishing a large-scale battery factory in Europe

    Today, Northvolt took the next step towards establishing a large-scale battery factory in Europe. During the coming fall, public consultations for the establishment of a large-scale production of lithium-ion batteries will be undertaken in the two Swedish municipalities Skellefteå and Västerås continue reading
  • There is a point at which it will make economic sense to defect from the electrical grid

    More than 1 million US homes have solar systems installed on their rooftops. Batteries are set to join many of them, giving homeowners the ability to not only generate but also store their electricity on-site. And once that happens, customers can drastically reduce their reliance on the grid. It’s great news for those receiving utility bills. It’s possible armageddon for utilities. continue reading
  • Lithium supply to fall short: Tianqi

    Global demand for lithium is expected to increase by three to four times by 2025 and projected supplies will not keep up, Tianqi Lithium Australia general manager Phil Thick told a Mining Club lunch today. “Over the past two or three months there has been a significant change in sentiment, but more reality, about where the lithium market is headed,” Mr Thick said. He said recent statements from auto manufacturers such as Toyota, Tesla, BMW and Daimler had given the market a much better insight into the number of electric vehicles likely to be produced in the coming decade. “There is real, hard data about where this market is heading,” Mr Thick said. continue reading
  • China Is About to Bury Elon Musk in Batteries

    Chinese companies have plans for additional factories with the capacity to pump out more than 120 gigawatt-hours a year by 2021, according to a report published this week by Bloomberg Intelligence. That’s enough to supply batteries for around 1.5 million Tesla Model S vehicles or 13.7 million Toyota Prius Plug-in Hybrids per year, according to Bloomberg New Energy Finance. By comparison, when completed in 2018, Tesla Inc.’s Gigafactory will crank out up to 35 gigawatt-hours of battery cells annually. continue reading
  • BASF and Norilsk Nickel enter exclusive negotiations to cooperate on raw material supply for battery materials production in Europe

    BASF and PJSC MMC Norilsk Nickel (Nornickel) announced today that they have signed a Memorandum of Understanding and entered exclusive negotiations to cooperate on the supply of raw materials for future battery materials production for lithium-ion batteries in Europe. BASF intends to invest up to €400 million in a first step to build industry-leading production plants for cathode materials in Europe. Through the prospective agreement, BASF would receive the raw materials from the Nornickel metal refinery in Harjavalta, Finland. Nornickel would also provide a secure supply of nickel and cobalt feedstock from its Russian mines at market prices. continue reading
  • Coal can’t compete with renewables in long term

    While our coal-fired power stations are ageing, the cost of household rooftop solar has fallen by around 80% over the past decade and now as many as 25% of homes in some states have solar power installed. This shift shows no signs of abating and demonstrates the changing nature of the energy market...Given the technology is changing, investors are increasingly sure that the cheapest source of electricity is likely to come from renewables supported by firming or storage and it is highly unlikely to come from baseload coal or gas – technologies which haven’t changed a great deal in decades. continue reading
  • Kwinana plant fast-track good sign for WA lithium plays

    China’s Tianqi Lithium is already eyeing a $317 million expansion of its proposed lithium hydroxide processing plant at Kwinana in what will be seen as a strong vote of confidence for local miners and aspiring producers of the commodity. continue reading
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