RE:Quebec will be a champion with the right vision From the NMX Lithium group:
Presently , China is in the Driver’s Seat in the manufacturing of lithium batteries - According to an analysis by Bloomberg NEF, in early 2019 there were 316 gigawatt-hours (GWh) of global lithium cell manufacturing capacity. China is home to 73% of this capacity, followed by the U.S., far behind in second place with 12% of global capacity.
- Global capacity is projected to grow robustly by 2025, when Bloomberg NEF forecasts 1,211 GWh of global capacity. Capacity in the U.S. is projected to grow, but slower than global capacity. Thus, the U.S. share of global lithium cell manufacturing is projected to shrink.
- Tesla is trying to address this problem by building its own battery factories, but for companies that supply a wide range of these types of batteries, such as California-based One-Charge, are finding local suppliers has proven to be challenging.
- China is taking the same path that it did previously with solar panels. While solar cells were invented by American engineer Russell Ohl, today China dominates the global solar panel market. Now China is focused on controlling the world’s production of lithium ion batteries.
- China has a major advantage of cheap labor, which has allowed it to dominate many manufacturing industries. But China also has more lithium reserves and much greater lithium production than the U.S. In 2018, Chinese lithium production was 8,000 metric tons, third among all countries and nearly ten times U.S. lithium production. Chinese lithium reserves in 2018 were one million metric tons, nearly 30 times U.S. levels.
- The trends signal that lithium-ion batteries will increasingly displace lead-acid batteries in the transportation and heavy equipment sectors. This is a critical development in a world grappling with record carbon dioxide emissions.
- But with such an advantage in both manufacturing costs and raw material availability, can the U.S. and Noth America, compete with China in the world market? If not, as growing numbers of lithium-ion batteries reach the end of their usable life, can the North America develop a competitive market also for recycled lithium?
Battery Energy Storage Overview - Battery energy storage systems (BESS) can be used for a variety of applications, including frequency
regulation, demand response, transmission and distribution infrastructure deferral, integration of
renewable energy, and microgrids.
- Different battery technologies can enable different applications that
can provide various benefits to utility services, Independent System Operator (ISO) services, Regional
Transmission Organization (RTO) services, and consumer services.
- This report focuses on the two principal technologies being deployed: lithium-ion and flow batteries.
While each technology has its strengths and weaknesses, lithium-ion has seen the fastest growth and cost
declines, thanks in part to the proliferation of electric vehicles. Both lithium-ion and flow battery
technologies are projected to see significant cost declines in the coming years.
These cost declines coupled with policy incentives will drive increased demand for battery storage from utilities,
commercial and industrial (C&I) consumers, and residential consumers, leading to continued growth in
the battery market in coming years. Higher penetration of variable renewable generation will drive the
need to store the electricity generated during times it cannot be used. Wind energy generation, for
instance, tends to be highest in the middle of the night when demand is typically low. The capability to
store that energy for use during the daytime when demand is higher can allow for more wind energy to
be generated. Similarly, excess solar generation during the middle of the day can be stored to be used
later in the evening when demand is higher.
Several electric co-ops are currently deploying BESS, as highlighted by the case studies in this report.
Interest among electric co-opsin deploying battery energy storage is growing, and will likely accelerate
as more experience is gained, costs continue to fall, and technological advances improve the
performance of batteries. Important challenges remain, including developing sustainable business and
financing models, overcoming technology performance uncertainty, determining comprehensive and
credible cost estimates, warranties and insurance, and integrating battery energy storage with existing
utility systems. Some of these challenges will be addressed with the natural maturation of the
technology, while others require a broader effort to develop focused programs, projects, tools, and
resources.
1. Nemaska Lithium fits in the big picture of renewable energy storage that Hydro-Qubec and Innergex pursue .
2. Hydro-Qubec has the means to invest and needs the lithium for energy storage of renewable energy.
3. Governments who believe in the bright future of Green Energy should not fail to act in the lithium sector.
4. There exists a synergy in the relationship / collaboration among Hydro-Qubec and Innergex and the deal between Hydro-Qubec and Innergex is a first step.
5. The oil sands cost Canadian taxpayers billions (pipeline cost ballooning) so why can’t the Canadian Government provide a massive public investment to assure the development of the Qubec energy storage and battery production industries in Qubec
6. The Trans Mountain pipeline system and the Trans Mountain Expansion Project, are since August 31, 2018, part of "Trans Mountain Corporation", a wholly owned subsidiary of the Canada Development Investment Corporation (CDIC), that is accountable to the Parliament of Canada.
7. Prime Minister Trudeau announced last summer that the federal government would buy the existing assets of the Trans Mountain pipeline for $4.4 billion, after the project’s private-sector owner, Kinder Morgan, threatened to scrap the project.
8. The Canadian Liberal government approved $9.3B for the Trans Mountain expansion project.
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