Lithium

With electric vehicles starting to gain traction, the International Energy Agency’s updated, ten-year e-mobility forecast has suggested geopolitical and economic concerns will trump environmental niceties when it comes to encouraging recycling. But what price ever-cheaper batteries?

Australian company Infinity Lithium has signed a memorandum of understanding with the European Battery Alliance to promote its lithium mine project in San José, Extremadura. It would be the first lithium project to obtain European financing but has already raised the hackles of local environmentalists and residents.

Researchers led by Monash University have made a discovery that will dramatically reduce lithium-from-brine extraction times. The innovative breakthrough is as simple as a sieve.

Solid-state batteries are viewed by many as the most promising technology to succeed today’s lithium-ion technologies in many energy storage applications. But there are still plenty of barriers to large-scale use of this type of battery. An international team of scientists has reviewed recent progress with the technology, and examined the form and chemistry that commercial solid-state batteries might take.

With electric vehicles making up only 3% of the global car market last year, analyst WoodMac says battery packs need to be cheaper and lighter and range anxiety must be addressed to change the habits of drivers.

The first part of pv magazine’s review of 2019 considers Q1, when solar early adopter Italy offered an optimistic start to the year by fleshing out its plans for PV but uncertainty still clouded the world’s biggest solar market. The potential for household solar installations to rocket the world over – helped by ever cheaper panels – prompted strategic decisions in the inverter market and analyst expectations were confounded as the cobalt and lithium price plummeted, bringing the EV revolution a big step nearer.

Corporations in the auto industry, battery manufacturing and mining have joined forces to establish reliable due diligence reporting on raw minerals. Volvo will be among the first to move on the issue by putting its cobalt supply chain under scrutiny early next year.

The recycling market will experience a tenfold expansion between last year and 2030, driven by EV battery usage and portable electronics. Retrieving valuable metals and minerals is becoming a high priority and several dozen companies are already in position for the first big wave of end-of-life batteries.

Beijing’s sudden retreat on electric vehicle subsidies in the summer has caused the value of lithium to hit the floor, with disastrous effects on the balance sheets of Chinese companies which had invested big in supply chains to support anticipated huge demand.

Chile is home to a massive 10.3 million tons of lithium reserves, most of which is found in the Atacama Desert in the northern part of the country. With some of the highest solar irradiation levels on Earth, this region also boasts the perfect conditions for generating solar power. Developments in the photovoltaic market, alongside implementation of more efficient energy storage systems, are positioning Chile as a regional leader in this field. So what does the future hold for battery energy storage systems (BESS) in Chile, and what obstacles lie in their way?