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.
The Energy Collective.
"It is time to study the "The new economics of energy storage" from McKinsey&Company - they will be pitching it now to their clients. A small note to the authours: Elon Musk has already announced that lithium battery packs at Tesla produced now at $190 per kWh. And mass production of lithium batteries at Tesla Gigafactory will bring this cost down to $100 per kWh by 2020. Energy storage is the missing link between renewables and the old grid, it will consume even more lithium batteries than exponentially growing electric cars.
In places like China, India and Africa trillions of dollars will be saved on infrastructure going with smart grids empowered by Solar and energy storage. There is no need for the fixed telephone lines if you have mobile networks. The same is happening with Energy Generation and Utilities right now. In this case, we are talking about the disruption of $8 trillion dollars Energy industry compare to $4 trillion dollars of transportation. Below you can find links to the report and more information on this fast-growing energy sector. Welcome to the Energy rEVolution: now we can store energy and use it when we want it!
If you think that there is too much hype about Energy Storage now, the anecdote from Tony Seba will be timely: In the mid-1980s AT&T hired McKinsey&Company to forecast cell phone adoption by the year 2000. They have estimated 900,000 cell phones and were off ... by a factor of 120X grossly underestimating the growth in the market and adoption of that new disruptive technology. There were 109 million cell phones by 2000.
"Battery technology, particularly in the form of lithium ion, is getting the most attention and has progressed the furthest. Lithium-ion technologies accounted for more than 95 percent of new energy-storage deployments in 2015.5They are also widely used in consumer electronics and have shown promise in automotive applications, such as plug-in hybrids and electric vehicles. Prices for lithium-ion batteries have been falling and safety has improved; moreover, they can work both in applications that require a lot of energy for a short period (known as power applications) and those requiring lower amounts of energy for longer periods (energy applications). Collectively, these characteristics make lithium-ion batteries suitable for stationary energy storage across the grid, from large utility-scale installations to transmission-and-distribution infrastructure, as well as to individual commercial, industrial, and residential systems.Our model confirms the centrality of lithium-ion batteries to utility-scale energy storage, but with two important caveats. First, it is critical to match the performance characteristics of different types of lithium-ion batteries to the application. For example, we looked at two major lithium-ion-battery providers that were competing to serve a specific industrial application. The model found that one company’s products were more economic than the other’s in 86 percent of the sites because of the product’s ability to charge and discharge more quickly, with an average increased profitability of almost $25 per kilowatt-hour of energy storage installed per year. McKinsey&Company." Read more.
The Energy Collective: