Insights from the BattCave

Energy Wasted in The Race for Energy

Slowly but surely, we have come to agree that a circular economy is the answer to our ever-growing waste problems, but when we think of sustainability, we immediately assume that recycling is the only answer and we almost forget that re-using many of our products is a critical first step before ending their usable life.

The New Gasoline

Goldman Sachs had declared Lithium as “the new Gasoline” in their equity research published in Dec 2015, yet it took companies almost five years to accelerate their race to mine lithium. As Miles O’Brien of PBS Newshour published last week, demand for lithium is growing at 20% annually for the next 20 years, and within the next 5 years 70% of that demand will be coming from electric vehicle manufacturers.

#renewableenergy #electricvehicles #greentechnology #circulareconomy #sustainability #energystorage