What is the most efficient way to store energy?

March 23, 2023  energystorage, thermal energy storage.

The development of energy storage technology is a key component of the transition to renewable energy. One of the most critical technologies for this transition is battery technology, particularly for electric vehicles (EVs). Currently, the energy density of battery cells is about 200 Wh/kg, but researchers at the Argonne National Laboratory and the Illinois Institute of Technology have made a breakthrough in lithium-air variant technology that has achieved an energy density of 675 Wh/kg, which could be scaled up to reach 1,200 Wh/kg.

What is the most efficient way to store energy?
What is the most efficient way to store energy?

This increased energy density could make the electrification of trucks, trains, and even mid-haul aircraft possible. Moreover, it eliminates the dependence on cobalt, which is usually mined in the Democratic Republic of the Congo (DRC), a country plagued by ecological and human disasters.

The current battery prototype is based on lithium, but it could be developed using sodium. Although this would halve the driving range, it would still be double with today’s generation of batteries. The abundant presence of sodium in salt lakes and seawater means there are no supply constraints.

The development of a lithium recycling industry and the potential to extract lithium from seawater could mitigate the supply constraints of the element in the future. Moreover, the development of battery technology is moving so fast that what seemed impossible five years ago is already a discernible reality.

The Argonne-IIF battery and other breakthroughs collectively show that energy science is advancing rapidly, and a different technological landscape is possible in the future. As such, the most efficient way to store energy will likely continue to evolve as scientists and researchers push the boundaries of battery technology.

Here are some battery storage investment companies you might be interested in:

  1. AES Energy Storage
  2. Stem, Inc.
  3. Fluence Energy
  4. Advanced Microgrid Solutions
  5. Greensmith Energy, A Wartsila Company
  6. NEC Energy Solutions
  7. Tesla Energy
  8. Sunverge Energy
  9. Enel X
  10. ESS Inc.

History in the making – Investment ideas for 2021

November 17, 2020  biotech, bitcoin, blockchain, cryptomining, energystorage, FinTech, Green Technology, GreenTech, Investments, meditech, PropTech

History in the making – Investment ideas for 2021

There seems to be a great many historical events unfolding at the same point in time, we look at some investment ideas for 2021

It’s only when you stop to write a blog or spend some time to reflect that you realise this is history in motion. As I write this, Donald Trump, the president of the United States of America is calling the election rigged and is questioning the validity of the result. This undermines so many things and erodes trust in just about everything.

Bitcoin price over the last 2 months

I am sure its no coincidence that we have seen a rally in Bitcoin of over 60% in the last two months. Peoples trust in the state and monetary system is dissolving.

No matter what your stance on Bitcoin, it’s independent nature has to have some allure as even the president calls into question the system itself. This recent Twitter thread by Raoul Pal explains it’s long term potential very well and why we should all be holding some Bitcoin.

Brexit negotiations are nearing the end game, with neither party willing to budge and a no deal Brexit is looking increasingly likely. The EU is also threatening our energy security as part of the deal.

We have not even mentioned the virus and its ”cure” announced last week. The timing of which also occurred right after the election. The markets took the news with great gusto. Pfizer was up almost 16% on the day at one point.

So what does all this mean for investors??

The Pfizer cure is only 90% effective and has only had a limited trial, however as I write this Moderna (MRNA) has just announced a vaccine with a 95% success rate, which ironically was fast-tracked by the Trump administrations funding.

This has also seen another stock market move higher, along with oil prices and Bitcoin.

So should we be out on the streets throwing a party and celebrating the end of perhaps the worse year in many peoples lives? Possibly!

However things are going to get worse before they get better, the time lag in producing the vaccine and the onset of winter flu seasons means many more will sadly die and our health systems will be stretched. We will have to endure a miserable winter and a lockdown Christmas before we can get out on the streets.

Green Shoots

Spring 2021 will be a time of great prosperity as months of pent up demand are released in an investment boom not seen for some time.

And although now may not seem like the time, now is when you should be planning for this. We have compiled a quick to do list ready for 2021.

Your to-do list investment ideas for 2021

  • Buy Bitcoin or invest in crypto mining

  • Invest in property development now to meet the needs of 2021

  • Invest in Biotech R&D

  • Avoid the stock market as this was over brought during the pandemic

  • Avoid Brexit affected sectors

  • Invest in energy and energy storage to negate the effects of Brexit

  • Stay healthy during the winter

It will be interesting to see how the treasury manages this post investment boom. They have obviously run up massive debts during the pandemic and as such will be keen to recoup this. One such suggestion has been to tax drivers on a pay per mile tax, which seems rather unfair, another will be to raid business. What ever they choose lets hope its done in such a way as not to strangle growth.

So keep your head down for a few more months, get your house in order and prepare for the good times again in the spring. If you have any questions or would like any suggestions on how best to play the above please get in touch and we will gladly give you a free consultation.

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