Record low in solar price and lithium batteries prices

Energy rEVolution: Cheap Lithium Batteries And Solar Price Hitting Record Low Of 2.42c/kWh, And May Fall Further http://kirillklip.blogspot.com.au/2016/09/energy-revolution-cheap-lithium.html We are witnessing the tipping point in the disruption of Energy Industry: Solar Power becomes the cheapest source of generated energy! ReNewEconomy provides the mindboggling data on the speed of race to the bottom of the cost for Solar Power. What is very important here that this new record of US $2.42c/kWh was set not in the lab, but by the biggest manufacturer in the world JinkoSolar.

Money talks. We are entering the exponential stage for Solar Power development in the world now and cheap lithium batteries change everything: now we can not only generate electricity using Solar Panels, but we can store it and use it when we want it. Tesla’s new project in California will build the largest Energy Storage facility in the world in the record time using Powerpacks by the end of this year.

Cheap clean electricity is coming into our grid systems now at rapidly increasing levels substituting coal and nuclear. Now we will have a clean energy to power millions of EVs coming fast. Electric cars are already clean and will be getting only cleaner now with every record of the amount of Solar Power generation systems installed all over the world. Lithium is the magic metal at the very heart of this Energy rEVolution and China is flexing its muscles to build the 21st-century economy to dominate New Energy space.

EVs Are Clean And Getting Cleaner: U.S. Electricity Generation From Renewables Has Broken Records Every Month In 2016.

“I do hope that I do not really have to address this issue anymore. Numerous studies have already confirmed that even with the existing energy mix in the US grid a few years ago Electric Cars were much cleaner than ICE ones on the full life cycle. From lithium battery making including the production of lithium to the electricity to charge this battery. Now they are getting even cleaner with the energy mix of the US grid taken over by the renewables.

What is very important to note today is that renewable energy is breaking records every single month this year even in the US. Energy Storage with lithium batteries will be next to grow exponentially and will consume even more lithium batteries capacity and lithium than EVs. Fossil Fuels are consumable resources and renewables are technology. The functions for the progress of development for Solar Power and Lithium Batteries are not the same as the famous Moore’s, but still very impressive with prices going down dramatically over the period of time with mass volume production. Particularly in the case with Solar Power, we are getting into the stage when the dramatic decrease in cost have made Solar the cheapest source of energy ever already. Cheap lithium batteries change everything and now we can store electricity, the most efficient form of energy known to us, and use it when we want it. Read more.“

January 28, 2017 - Posted by Christina Macpherson | energy storage

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