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Storage stuff
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- Lemon Quarter
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Re: Storage stuff
Just as a heads-up, the reverse-takeover of Path Investments (PATH) by DG Innovate has finally gone through and they will return from suspension under the ticker DGI on Friday. DG are working on high-efficiency electric motors and sodium-ion batteries. Background here :
https://www.investegate.co.uk/path-inve ... 45025189I/
https://www.investegate.co.uk/path-inve ... 45025189I/
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- Lemon Quarter
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Re: Storage stuff
Cost of battery packs went up 7% in 2022 to $151/kWh, BNEF now expect the average to drop below $100/kWh by 2026, two years later than they previously expected.
https://about.bnef.com/blog/lithium-ion ... f-151-kwh/
https://about.bnef.com/blog/lithium-ion ... f-151-kwh/
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- Lemon Quarter
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Re: Storage stuff
Hallucigenia wrote:Cost of battery packs went up 7% in 2022 to $151/kWh, BNEF now expect the average to drop below $100/kWh by 2026, two years later than they previously expected.
https://about.bnef.com/blog/lithium-ion ... f-151-kwh/
Is this in some way due to Li supply catching up with demand? And the attendant fall in price:
https://tradingeconomics.com/commodity/lithium
Matt
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- Lemon Quarter
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Re: Storage stuff
TheMotorcycleBoy wrote:Hallucigenia wrote:Cost of battery packs went up 7% in 2022 to $151/kWh, BNEF now expect the average to drop below $100/kWh by 2026, two years later than they previously expected.
https://about.bnef.com/blog/lithium-ion ... f-151-kwh/
Is this in some way due to Li supply catching up with demand? And the attendant fall in price:
https://tradingeconomics.com/commodity/lithium
Matt
The 5-year chart gives some context to the price movements of the last three months...
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- Lemon Quarter
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Re: Storage stuff
Kinda big deal, the rather secretive Form Energy are going mainstream with the installation of 10MW, 1000MWh iron-air batteries at two old coal plants in the US within 2 year. No data on cost, but Form have previously suggested that they're aiming for their batteries costing US$20/kWh in mass production. We'll see.
https://formenergy.com/form-energy-part ... -projects/
https://formenergy.com/form-energy-part ... -projects/
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- Lemon Quarter
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Re: Storage stuff
I've been following this company for a while. They seem to be struggling to get their first energy storage facility built, from what I can see. Interesting alternatives to batteries though.
https://storelectric.com/
https://storelectric.com/
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- Lemon Quarter
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Re: Storage stuff
I remember reading about them a while back. Are they a private company still? I'm guessing that they are by the lack of "investors" link on their site.
Matt
Matt
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- Lemon Quarter
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Re: Storage stuff
TheMotorcycleBoy wrote:I remember reading about them a while back. Are they a private company still? I'm guessing that they are by the lack of "investors" link on their site.
Matt
You're referring to Storelectric? Yes, they are still privately owned. I guess it will stay that way until they get at least one project underway. The energy market has never looked more favourable for them. Maybe 2023 will be their year. But I've been increasingly thinking that since I first became aware of them about 2014. They have ambitions to IPO, I guess the lack of that vital first operating facility is holding that back. So far, I think they are reliant on angel investors and some crowd funding. I am familiar with the technology they have and it really is very low risk, being novel application of existing technology rather than anything entirely new.
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- Lemon Quarter
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Re: Storage stuff
BullDog wrote:TheMotorcycleBoy wrote:I remember reading about them a while back. Are they a private company still? I'm guessing that they are by the lack of "investors" link on their site.
Matt
You're referring to Storelectric? Yes, they are still privately owned. I guess it will stay that way until they get at least one project underway. The energy market has never looked more favourable for them. Maybe 2023 will be their year. But I've been increasingly thinking that since I first became aware of them about 2014. They have ambitions to IPO, I guess the lack of that vital first operating facility is holding that back. So far, I think they are reliant on angel investors and some crowd funding. I am familiar with the technology they have and it really is very low risk, being novel application of existing technology rather than anything entirely new.
No I mean these guys https://formenergy.com
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- Lemon Half
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Re: Storage stuff
Your country needs you... or rather, your batteries.
US Co Solar Edge has apparently been selling its batteries in the UK, and wants to sign up owners to a mass feed-in scheme using their stored energy. In an interesting tie-in, you get paid in Amazon gift vouchers.
Summary here, where one of the commentators points out that it would be taking cycles out of your battery.
There is surely a strong case for saying that all new houses must have batteries+solar, in which case could this sort of sharing arrangement become routine?
V8
US Co Solar Edge has apparently been selling its batteries in the UK, and wants to sign up owners to a mass feed-in scheme using their stored energy. In an interesting tie-in, you get paid in Amazon gift vouchers.
Summary here, where one of the commentators points out that it would be taking cycles out of your battery.
There is surely a strong case for saying that all new houses must have batteries+solar, in which case could this sort of sharing arrangement become routine?
V8
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- Lemon Quarter
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Re: Storage stuff
TheMotorcycleBoy wrote:I remember reading about them a while back. Are they a private company still? I'm guessing that they are by the lack of "investors" link on their site.
Matt
Oh yes there is!
https://storelectric.com/invest/
Edit: Oh, I see you were meaning Form Energy.
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- Lemon Quarter
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Re: Storage stuff
GrahamPlatt wrote:TheMotorcycleBoy wrote:I remember reading about them a while back. Are they a private company still? I'm guessing that they are by the lack of "investors" link on their site.
Matt
Oh yes there is!
https://storelectric.com/invest/
Edit: Oh, I see you were meaning Form Energy.
Yes Form are the guys were are big on the Iron Batteries
Matt
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