In 2017, Rechargeable Batteries Accounted For Over 43% Of Total Lithium Demand. The Increasing Use Of Li-Ion Batteries In Automotive Applications, Both For Hybrid And Fully-Electric Vehicles, Has Seen
Global demand for lithium, mainly driven by the lithium-ion battery industry, is set to grow exponentially will continue to be the main catalyst for its growth. The lithium ion battery industry, which accounted for around 50 percent of consumption in 2017, is expected to reach over 80 percent by 2027, says Roskill, a London-based consultancy agency.
The report states that growth in the consumption of lithium accelerated in 2017, by over 10 percent on 2016 levels, to reach 211,000t lithium carbonate equivalent (LCE). Automotive applications were the largest market for Li-ion batteries in 2017, with Chinese sales of plug-in electric vehicles (PEV) increasing by around 20 percent year on year. This placed a strain on the battery supply chain which is likely to continue; Roskill estimates Chinese PEV sales could reach around one million units in 2021. Read More
There is nothing more important for future electrical power in the United States than whether, in the wake of an enormous loss of baseload power due to overregulation in recent years, our country preserves financially stressed nuclear and coal plants for essential baseload power.
Although the Trump administration has taken steps to address the overzealous rules that have affected nuclear and coal plants and forced more than 120,000 megawatts from these entities into retirement since 2010, it’s clear the problem persists, and more must be done. Currently, 17,000 MW of coal-fired power are expected to be lost this year, and several large nuclear plants could close. Read More
A California Assembly committee voted 10-5 in favor of raising the state's renewable energy target to 100%, giving new life to a proposal that had stalled last year.
Senate Bill 100 would require the state to utilize only renewable and zero-emission energy sources, including nuclear, by 2045. If Democratic Gov. Jerry Brown signs it, the bill would raise the state's current 2030 target of 50% renewables to a 60% interim target. Read More
Lithium carbonate prices fetched about $20 000/t in the first quarter, according to Benchmark, while lithium metal prices traded at over $140 000/t.
“Demand is fundamentally driven by battery demand,” he says, but battery demand is yet to “fully hit home”. “The auto era is yet to arrive. To date, there are no upstream deals with automakers struck yet, with Tesla being the only EV major that has secured some longer-term lithium supply.”
The price curves are not yet being driven by auto contracts, but this is expected to change as auto demand is seen through the increasing rates of battery and cathode consumption. Read More
The Navajo Generation Station (NGS) on Thursday moved a step closer to closing when the Central Arizona Project (CAP), which supplies water from the Colorado River to central and southern Arizona, voted not to renew a power purchase agreement (PPA) with the 2,250 MW coal-fired plant in Page, Ariz. Read More
A total of $200 million for Salton Sea projects is rolled into the statewide ballot measure, which will also provide money for a variety of water projects, state and local parks, and wildlife conservation programs.
The $200 million for Salton Sea-related projects will include $170 million for the California Natural Resources Agency to pay for work on the state’s plan, plus $30 million for a local agency, the Salton Sea Authority, to support “projects that improve air quality and habitat benefits” and that implement the state’s plan. Read More
Rod Colwell, CEO and founding director of Controlled Thermal Resources, discusses geothermal energy within the Salton Sea area of California, why geothermal energy is a good investment for investors and the future of the geothermal energy market. Read More
By laying the foundation for one of the biggest and most modern battery factories, Daimler AG is setting new standards in the international automotive industry, thereby taking the next strategic step in its electric offensive. Read More
California’s large geothermal fields host more than 40 geothermal power plants. The Salton Sea region is considered the most abundant geothermal resource in the nation, reportedly containing significant amounts of lithium, manganese and zinc—essential materials for the battery and energy storage markets. In 2016, California and the U.S. Department of the Interior signed an agreement to work together on managing and developing the Salton Sea’s resources. Read More
For all the excitement and hype over the advent of wind and solar as sources of alternative energy, one would think that others would be invited to the party, too. And while some have been — hydro and nuclear power, in particular — one source has yet to really cut loose. Read More
Interview with KPBS Radio - Listen Here
Three and a half hours east of Los Angeles lies the Salton Sea, a manmade oasis in the heart of the Mojave Desert. It was created in 1905, when a canal broke and the Colorado River flooded the desert for more than a year. The Sea became a tourist hotspot in the 1950's, perfect for swimming, boating, and kayaking. But now, people are coming here looking for something else.
Jim Turner is the chief operating officer of Controlled Thermal Resources, an energy company from Australia. On a hill overlooking the Salton Sea, he points out a patch of land that will someday house his company's first power plant, named Hell's Kitchen.
"We're standing on top of what is probably the most robust geothermal resource in the United States," he explains. Read More
The Trump administration is looking to carve out a place for geothermal energy in its energy abundance agenda, starting several initiatives to help the undervalued renewable resource expand beyond the volcanic Pacific region.
Geothermal power plants are one of the few renewable energy resources, outside of hydroelectric dams, that can provide a source of 24-hour-a-day electricity without interruption, known as baseload power. Arguably, geothermal is becoming more reliable than hydropower, given water scarcity issues in the West. Read More
President Trump’s idea of US energy dominance is exclusive to fossil fuels. Nevertheless, his central premise — “innovation and new technology have opened trillions of dollars of energy for development” — can be equally applied to the vast wind, solar, hydro, and geothermal resources at the country’s disposal.
It looks like the Trump administration is gearing up for a new round of R&D that could propel the US geothermal industry out of the doldrums.
On December 13, the office announced the first steps toward an R&D program seeking ways to lower the cost of drilling.
Drilling accounts for about half the cost of geothermal development, so focusing on that angle should produce high impact results. Read More
Controlled Thermal Resources (CTR) has won the Project of the Year Award for Sustainability for its Hell’s Kitchen geothermal project in the Salton Sea at the 9th North American Infrastructure Leadership Forum, in San Francisco on October 29, 2017, CTR announced Monday.
CTR is one of a team of geothermal project developers who aim to construct and operate the largest geothermal power plant in the Imperial Valley. Another team is planning the engineering, construction, and operation of a companion plant that will use a proprietary carbon-dioxide-negative technology to recover minerals such as lithium from the geothermal plant’s brine before it is re-injected into the reservoir. Operating together, the plants will compose a CO2-negative, renewable-energy power producer. Read More
We are very pleased to announce that the Hell’s Kitchen Geothermal Power Station won the Project of the Year Award for Sustainability at the 9th North American Infrastructure Leadership Forum, in San Francisco this week.
Great news for the Salton Sea, Imperial Valley and Geothermal development. Read More
Released at the end of August, the Department of Energy's grid study concluded that the reliability of the bulk power system is strong today, but changes in the resource mix could present challenges in the future. The report urged federal regulators to begin examining how to better compensate generators for the services they provide for reliability and resilience if it finds reliability is threatened. Read More
When we hear people talk about renewable energy, solar and wind power are usually the first couple sources that come to mind. But what about the others? In this article, we will focus on geothermal energy costs. Geothermal is a renewable energy source with very high potential that, in our opinion, is underrated for its generation of both electricity and heating/cooling energy. Read More
It doesn’t take much of a stretch of the imagination to think of a world powered by renewable energy. It is fast becoming necessary - to cut air pollution and combat climate change.
California is a really exciting example of a state trying to change the status quo. It was wonderful to read about how Senate President Kevin de León has put forward a plan to produce 100 per cent renewable energy within California’s electricity grid by 2045. Read More
California is quickening its pace in its plan to achieve 100% renewable energy — now by 2045. If the law is passed as expected, California's influence on clean energy and climate change will grow and the state will become the nation's de facto leader. Read More
Lawmakers and environmentalists gathered on Treasure Island to witness Governor Jerry Brown sign Assembly Bill 398 authored by California State Assemblymember Eduardo Garcia (D-Coachella). AB 398 would extend California’s “Cap and Trade” program to 2030. Previously the program was set to expire in 2020.
Cap and trade puts a limit on carbon emissions and requires polluters to obtain permits to release greenhouse gases. Some permits, known as allowances, are given away while others are auctioned, generating billions of dollars in revenue for the state. The money is a key funding source for a planned high-speed train between San Francisco and Los Angeles, one of Brown's priorities. Read More