Thursday, November 26, 2009

Lithium: Ener1 To Develop Utility Scale Lithium-ion Energy Storage For US govt Smart Grid program TNR.v, HEV, AONE, CZX.v, WLC.v, RM.v, LI.v, SQM,

Ener1 is very active in electric cars' batteries systems and with this move into Utility energy systems company is tapping into 1 billion plus market according to some reports. It is very encouraging to see migration in Chemistry choices into Lithium based solutions in utility energy storage systems now as well.
"Lithium-ion batteries became industry standard for energy storage in mobility applications - all advanced Hybrids and all BEV are using lithium batteries. Now we have a glimpse into stationary utility energy storage, where light weight is not as crucial as in electric cars. It is an important confirmation of a general trend and capacity of lithium-ion based technology. This applications are crucial for alternative energy generation with wind and solar power. Batteries become an integral part of energy generation networks and we have first indications of size potential for this very important market for Lithium Demand."
With expanded markets application for Lithium based storage systems, interest in investment world is coming back to Lithium plays and upcoming Copenhagen Climate Change conference could bring a catalyst to the alternative energy sector as a tangible investment theme of 21st century.
"After San Francisco Hard Asset Conference TNR Gold and International Lithium have gained attention of Jay Taylor - "one of the most respected, independent analysts in the North American mining and energy sectors." Company is building credibility and momentum in delivering its story to the market place."
We will refer your attention to Ener1 presentation with interesting observations on energy storage systems and lithium-ion batteries technology.

Ener1 Inc (NASDAQ: HEV) lithium-ion battery manufacturing subsidiary EnerDel announced it will participate in the development of a new smart grid program, which was unveiled by the US Department of Energy (DoE). EnerDel will manufacture utility-scale energy storage using its lithium-ion battery technology, for five one-megawatt power systems. Ener1 Inc is based in Indianapolis and has the only lithium-ion battery manufacturing facility of its kind in the US. Ener1 lithium-ion battery technology is also being developed for the automobile industry, military applications and other growth markets. Additionally Ener1 has operations in nanotechnology-based applications through its NanoEner subsidiary. The power systems are being developed by Portland General Electric (NYSE: POR), with the smart grid element planned to manage peak energy demand and smooth variations in power from renewable sources. The project is one of 16 similar projects announced as part of the DoE’s $178 million scheme, which is being funded through the federal stimulus package enacted in February. Each of the five EnerDel battery systems will store enough energy to power roughly 400 average American homes simultaneously for up to an hour at a time. The large scale energy storage utilizes the same core chemistry as the existing EnerDel batteries, which are designed for the new generation of plug-in hybrid electric vehicles. Energy storage technology is considered to be a particularly important issue in the development of renewable energy technologies, as they generally provide intermittent output. EnerDel said the utility scale energy storage would be a ‘crucial tool’ for enhancing the reliability and availability of intermittent energy sources like wind and solar.EnerDel’s Chief Technology Officer, Cyrus Ashtiani commented on the company’s latest development: "We expect this sector to be a major growth area for the battery industry. This program is a breakthrough opportunity for EnerDel to prove the capabilities of our systems in partnership with one of the most innovative electric utilities in the country."
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