Saturday, 2 May 2015

Elon Musk Presents Tesla Energy: The Move Away From Fossil Fuels With Lithium Batteries.



  Now it is time to study the numbers behind Elon Musk's vision and draw some conclusions for the outcome for our industry. We are entering the very exciting stage for the mass market in electric cars and Solar Power to charge them!


The End of ICE: Genius Elon Musk Starts The Race To The Bottom Of Energy Storage Prices.




Video - Elon Musk Presentation Of Tesla Lithium Energy Storage: PowerWall and PowerPack With "Infinite Scalability".





Tesla Energy


The world currently consumes 20 trillion kWh of energy annually.

Enough energy to power a single family home for 1.8 billion years or supply energy to a nuclear power plant for 2,300 years (or launch the Falcon 9 rocket seventeen million times). 
Of all the fossil fuel consumed in the United States, one third is used in transportation and another third goes to electricity production. The US electric power sector alone produces over 2,000 million metric tons of CO2 which is like burning 225 billion gallons of gas. The EPA says it would require 1.6 billion acres of US forest to negate the environmental damage. 

What if we could move the electricity grid off of fossil fuels and towards renewable energy sources?

Once we’re able to rely on renewable energy sources for our power consumption, the top 50% of the dirtiest power generation resources could retire early. We would have a cleaner, smaller, and more resilient energy grid.

Today, Tesla introduces Tesla Energy, a suite of batteries for homes, businesses, and utilities fostering a clean energy ecosystem and helping wean the world off fossil fuels.

Tesla is not just an automotive company, it’s an energy innovation company. Tesla Energy is a critical step in this mission to enable zero emission power generation. 
With Tesla Energy, Tesla is amplifying its efforts to accelerate the move away from fossil fuels to a sustainable energy future with Tesla batteries, enabling homes, business, and utilities to store sustainable and renewable energy to manage power demand, provide backup power and increase grid resilience. 
Tesla is already working with utilities and other renewable power partners around the world to deploy storage on the grid to improve resiliency and cleanliness of the grid as a whole. 

Powerwall


Tesla Powerwall is a rechargeable lithium-ion battery designed to store energy at a residential level for load shifting, backup power and self-consumption of solar power generation. Powerwall consists of Tesla’s lithium-ion battery pack, liquid thermal control system and software that receives dispatch commands from a solar inverter. The unit mounts seamlessly on a wall and is integrated with the local grid to harness excess power and give customers the flexibility to draw energy from their own reserve. 
The battery can provide a number of different benefits to the customer including:
  • Load shifting – The battery can provide financial savings to its owner by charging during low rate periods when demand for electricity is lower and discharging during more expensive rate periods when electricity demand is higher
  • Increasing self-consumption of solar power generation – The battery can store surplus solar energy not used at the time it is generated and use that energy later when the sun is not shining
  • Back-up power – Assures power in the event of an outage
Powerwall increases the capacity for a household’s solar consumption, while also offering backup functionality during grid outages. 

Powerwall is available in 10kWh, optimized for backup applications or 7kWh optimized for daily use applications. Both can be connected with solar or grid and both can provide backup power. The 10kWh Powerwall is optimized to provide backup when the grid goes down, providing power for your home when you need it most. When paired with solar power, the 7kWh Powerwall can be used in daily cycling to extend the environmental and cost benefits of solar into the night when sunlight is unavailable. 
Tesla’s selling price to installers is $3500 for 10kWh and $3000 for 7kWh. (Price excludes inverter and installation.) Deliveries begin in late Summer. 
Powerwall specs:
  • Mounting: Wall Mounted Indoor/Outdoor
  • Inverter: Pairs with growing list of inverters
  • Energy: 7 kWh or 10 kWh
  • Continuous Power: 2 kW
  • Peak Power: 3.3 kW
  • Round Trip Efficiency: >92%
  • Operating Temperature Range: -20C (-4F) to 43C (110F)
  • Warranty: 10 years
  • Dimensions: H: 1300mm W: 860mm D:180mm

Highlighted Powerwall Distribution Partners

Treehouse
TreeHouse, a sustainable home improvement store, is collaborating with Tesla to sell Powerwall. “For the first time, running your home on a battery will be affordable and easy,” says TreeHouse co-founder and president Jason Ballard. “I think in the near future, having a battery in your home will be as normal as having a water heater or a dishwasher.” Ballard added, “This just takes us one step closer to being able to power homes completely without the use of fossil fuels.”
Fronius
Fronius and Tesla have partnered on a global level to offer Powerwall in combination with the Fronius Symo Hybrid inverter as a seamless solution for residential PV systems. For new PV installations, homeowners can use the Fronius inverter to operate both the PV and Powerwall, which reduces the overall system cost. For homeowners that already have solar PV, the Fronius inverter can be added to the system (AC coupled) or replace the existing inverter (DC coupled), and the Fronius solution will function with any type of solar energy system. This makes the Fronius plus Tesla solution a highly flexible solution across the globe.
Fronius is a leading inverter manufacturer in the global market, with nearly 1 million inverters installed worldwide. Fronius is known for both innovation and high quality, with 1,008 active patents and 23 years of solar experience. Its products are exported through 22 international Fronius subsidiaries and sales partners/representatives in over 60 countries. The company is a multi-industry leader in the fields of energy storage, battery charging, and welding technology. Fronius and Tesla are pleased to expand a current successful relationship into the realm of energy storage.
SolarEdge
SolarEdge, a leader in the global PV inverter market, and Tesla partnered for the joint development of a PV storage and backup power solution for the worldwide residential solar market. Building on SolarEdge’s proven DC optimized inverter proven and Tesla's leading automotive-grade battery technology, the solution will require only a single SolarEdge inverter to manage both PV and storage functions. The system is designed for efficient, outdoor installation and includes remote monitoring and troubleshooting to keep operations and maintenance costs low.
Founded in 2006, SolarEdge provides an intelligent inverter solution that has changed the way power is harvested and managed in solar photovoltaic systems. The SolarEdge DC optimized inverter system maximizes power generation at the individual PV module-level while lowering the cost of energy produced by the solar PV system. Since beginning commercial shipments in 2010, SolarEdge has shipped more than 1.3 Gigawatt (‘‘GW’’) of its DC optimized inverter systems, including over 220,000 inverters, its products have been installed in PV systems in more than 73 countries, and more than 100,000 systems are monitored in its cloud-based monitoring portal.
Green Mountain Power
At Green Mountain Power we are thrilled to bring Tesla’s innovative home battery storage to Vermont as part of a radical transformation of how energy is generated and used to empower customers to save money and increase reliability and resiliency. As Vermont’s energy company of the future, we are turning the old utility model on its head, and offering products and services to help Vermonters use less energy and one day rely on the grid as a backup system. GMP is focused on a future that moves away from dirty inefficient sources of energy to a clean, sustainable and cost effective energy future. Powerwall will speed up the pace of change and keep Vermont on the cutting edge of innovation.”

Tesla Energy for Businesses

Based on the powertrain architecture and components of Tesla electric vehicles, Tesla energy storage systems deliver broad application compatibility and streamlined installation by integrating batteries, power electronics, thermal management and controls into a turn key system. 
Tesla’s energy storage allows businesses to capture the full potential of their facility’s solar arrays by storing excess generation for later use and delivering solar power at all times. Tesla Energy for Businesses anticipates and discharges stored power during a facility’s times of highest usage, reducing the demand charge component of the energy energy bills.
Energy storage for business is designed to:
  • Maximize consumption of on-site clean power
  • Avoid peak demand charges
  • Buy electricity when it’s cheapest 
  • Get paid by utility or intermediate service providers for participating in grid services
  • Back up critical business operations in the event of a power outage

Highlighted Tesla Energy Businesses

Amazon
Launched in 2006, Amazon Web Services (AWS) offers a robust, fully featured technology infrastructure platform in the cloud comprised of a broad set of compute, storage, database, analytics, application, and deployment services from data center locations in the U.S., Australia, Brazil, China, Germany, Ireland, Japan, and Singapore. More than a million customers, including fast-growing startups, large enterprises, and government agencies across 190 countries, rely on AWS services to innovate quickly, lower IT costs, and scale applications globally. To serve these customers, AWS is committed to operating in the most environmentally friendly way possible. In addition to the environmental benefits inherently associated with running applications in the cloud, AWS has a long-term commitment to achieve 100% renewable energy usage for its global infrastructure footprint. Today, three AWS Regions are 100% carbon-neutral, including US West (Oregon), EU (Frankfurt), and AWS GovCloud (US).
“We’ve been working closely with Tesla for the past year to drive innovative applications of high-capacity battery technology in data center applications with the ultimate goal of reducing the technical barriers limiting widespread adoption of renewables in the grid,” said James Hamilton, Distinguished Engineer at AWS. “Batteries are important for both data center reliability and as enablers for the efficient application of renewable power. They help bridge the gap between intermittent production, from sources like wind, and the data center’s constant power demands. We're excited to roll out a 4.8 megawatt hour pilot of Tesla’s energy storage batteries in our US West (Northern California) Region. This complements our strategy to use renewable energy to power our global infrastructure.”
Target
“As part of Target’s support to our communities, we’re excited to partner with Tesla on a pilot test at select Target stores to incorporate Tesla Energy Storage as part of our energy strategy,” said David Hughes, senior group manager, Energy Management, Target. “Tesla’s cutting-edge technology offers unique benefits to powering these stores, most importantly relieving stress from the electrical grid at peak times, furthering Target’s investment in designing and operating energy-efficient and sustainable buildings.”
Jackson Family Wines 
Jackson Family Wines (JFW) is a collection of premium and luxury wineries best known for its acclaimed Kendall-Jackson Winery. Sustainability is intentional at JFW; we have taken a two-fold approach to energy management at our wineries by improving operational efficiency across all levels of our organization and reinvesting those savings in onsite renewable energy systems.
With Tesla’s stationary energy storage solution, JFW can significantly mitigate energy use around four areas that account for the most consumption in our winemaking process: refrigeration/cooling, lighting, compressed air and process water treatment. Each battery pack will draw electricity from the grid or our onsite solar arrays during times of low demand and store it for later use to smooth out energy spikes. 
EnerNoc
EnerNOC’s energy intelligence software helps customers make the most of Tesla’s energy storage systems by integrating them into an overall energy management strategy. EnerNOC’s software easily integrates with any site that has a Tesla energy storage system, optimizing battery usage during high price periods and enabling customers to utilize batteries for demand charge management and demand response. 

Tesla Energy for Utilities


For utility scale systems, 100kWh battery blocks are grouped to scale from 500kWh to 10MWh+. These systems are capable of 2hr or 4hr continuous net discharge power using grid tied bi-directional inverters. 
Systems support applications including peak shaving, load shifting and demand response for commercial customers while offering, renewable firming and a variety of grid services at utility scales. 
Tesla Energy for Utilities is designed to: 
  • Firm up renewable generation by reconciling the intermittency of power from these sources and storing excess capacity to dispatch when it’s needed. 
  • Increase resource capacity. Tesla Energy for Utilities acts as on-demand distributed power generation, contributing to the overall generating capacity while adding resiliency to the grid. 
  • Ramp Control. Tesla Energy for Utilities can act as a buffer while the power output from a large generation source is ramping up or down, delivering power instantly to smoothly transition output to the required level. 
  • Improve power quality by preventing fluctuations from propagating to downstream loads. 
  • Defer costly and time-consuming infrastructure upgrades. 
  • Manage peak demand by deploying power within seconds or milliseconds. 

Highlighted Tesla Energy Utility Projects


Advanced Microgrid Solutions (grid resource adequacy)
“Tesla’s bold approach to advancing battery technology will change the way we build our cities forever” -Susan Kennedy, co-founder and CEO of Advanced Microgrid Solutions.
OnCor (microgrid)
Oncor realizes the electric industry is changing as well as our customers’ needs for electric service. Oncor believes the only way to prepare for customers’ future needs is with a flexible, adaptive electric grid which can only be accomplished through the use of technology like advanced meters, smart grid and electric storage. Tesla has long demonstrated its ability to be a technology leader which is why Oncor has looked to Tesla for grid-scale storage. Oncor looks forward to working with Tesla to make sure the electric grid meets all customers’ future needs.
Southern California Edison
Edison International is proud of its efforts to help create a market for battery storage systems and its work with Tesla to bring this technology to customers. Southern California Edison (SCE), the regulated utility subsidiary of Edison International, has developed the nation’s largest battery storage system and has contracts in place for an additional 264 megawatts of storage, including projects using Tesla batteries. SCE is working with Tesla on three demonstration projects that can help drive down the cost of battery storage systems for residential and business customers, as well as EV drivers. These demand response demonstration projects will test communication capabilities and explore rebates to customers who allow SCE to manage their battery charging in order to increase the use of renewable energy while ensuring continued grid reliability.
SoCore Energy, a subsidiary of Edison Energy, which is Edison International’s portfolio of competitive businesses and equity interests in emerging companies, is working with a client to design and install Tesla batteries at two of their retail properties in Southern California. The sites will feature Tesla battery units that will be charged with electricity from the grid during nonpeak hours at night. The two battery systems will be able to store up to 400 kilowatts and 600 kilowatts, respectively. SoCore Energy is working with its client to identify additional locations for potential battery installations. SoCore Energy is not the same company as Southern California Edison, the utility, and SoCore Energy is not regulated by the California Public Utilities Commission.
AES (solar paired at a utility level)
Tesla Motors' commitment to battery production will help meet the growing demand for energy storage; as a launch partner, we are particularly pleased to leverage the home battery product across our distributed energy platforms. AES has been providing grid-scale energy storage solutions for seven years, building on more than 30 years of experience serving utilities with power solutions that improve lives.The AES Advancion™ digital control system for energy storage manages best-in-class batteries and other components for both centralized and distributed storage systems. In addition, AES’ world-class capability in engineering, installation and operations and maintenance enable turnkey energy storage solutions from KWs to hundreds of MW for utilities and end customers."

Copper Is On The Rise With Chinese AIIB Infrastructure Development and Lower Dollar In Play.




  Hedgehogtrader has made another brilliant trading call on the Copper price movement. With US Dollar sliding few last weeks from Double Top Reversal we can expect supply and demand picture to push Copper higher. Elon Musk's vision for Tesla Energy and Solar Power will require a lot of this "green metal".


Video - Elon Musk Presentation Of Tesla Lithium Energy Storage: PowerWall and PowerPack With "Infinite Scalability".


Commodities And AIIB: A World In Change Shanghai Cooperation Organization.



Copper, Lithium And REE: SunPower And Apple Are Teaming Up To Build Solar Projects In China. 


  Apple is moving fast into Solar space now and brings attention to the rapid growth in Solar Power installations all around the world. China is particularly important market with its huge air pollution problem. This is where the clean electricity will come from to charge electric cars. With Tesla Gigafactory coming announcement for the home lithium battery to integrate solar installations, this huge segment of growth for the lithium technology will gain further traction. 
  As we have discussed before, Solar Power will be the catalyst for strategic green energy metals: Copper, Lithium and REE. Backed by Warren Buffet China's BYD is another contender to capitalise on the growth in utility storage. International Lithium strategic partner Ganfeng Lithium is taking its part in this growing sector as well with the investment in Boston Power and supplies Lithium materials to the major players in battery industry. 

International Lithium Corp. Commences Drilling at Avalonia Lithium Pegmatite Project, Ireland.





 Molycorp will supply Shin-Etsu Chemical with REE, which will produce REE magnets for Siemens. Like in International Lithium case with Ganfeng Lithium - security of supply for strategic materials is taking the centre stage for advance of the green technology.

Copper's Bright New Age: Solar Electricity Utility Scale And Electric Cars.


"Investment growth in solar electricity is dramatic, and along with wind it will dominate the worldwide energy scene within a few decades. Copper demand will increase because of the growing use of solar electricity. Solar power is among the quickest to build, creates jobs, community benefits, new tax revenue for small towns. Air conditioning and peak energy demands align with when the sun is shining. The USA, China and Germany are aggressively adding solar power. Copper is either the only choice or the quality technology choice for solar parks due to its conductivity, durability, malleability and so on."


  Copper and Lithium become the strategic metals for the ongoing green revolution. Solar and Wind Energy and Electric Cars will drive the new demand for these metals. Solar Energy is growing very fast all over the world now. Energy Storage will be the next step to ignite this growth. This is the new focus of Elon Musk and his Gigafactory. He will introduce the home storage system based on the lithium batteries in the next few months. Copper will have its special place in this mass scale roll out of distributed energy generation systems with Wind and Solar Power. Integral part of this system - Energy Storage is getting popular now with Elon Musk Gigafactory and Warren Buffet with BYD making the headlines. These Trillion Dollar industries: Electric Cars and Energy Storage will drive the demand for Copper and Lithium in the future.


Tesla's Elon Musk Unveils Stored Sunlight in Batteries - A bigger market than that for electric cars?

  


  Scientific American runs very interesting piece on Elon Musk latest announcement about Tesla Energy.


The End of ICE: Genius Elon Musk Starts The Race To The Bottom Of Energy Storage Prices.




Video - Elon Musk Presentation Of Tesla Lithium Energy Storage: PowerWall and PowerPack With "Infinite Scalability".





Scientific American:

Tesla's Elon Musk Unveils Stored Sunlight in Batteries


From a man who made his name and charted his career with lofty goals and often unexpected financial decisions, the news came with little surprise: Elon Musk, the CEO of Tesla Motors Inc., unveiled a product line of electric batteries late last night in Los Angeles.
Musk introduced the Tesla Powerwall, a wall-mounted lithium-ion electric battery for homes and small businesses, and the Tesla Powerpack, a heftier version of the same core product designed for utility-scale use.
He also announced a new wing of the company, Tesla Energy, which will begin shipping the Powerwall systems to domestic customers in three to four months. Deliveries will trickle out slowly, he said, then accelerate next year when the company begins shipping orders out from its so-called Gigafactory in Nevada.
Yet Musk spoke first about rising emissions and climate change solutions, not cars. He used a slide show of power plants and smoggy skies to introduce the problems. “It sucks, exactly,” he said. “I think we, collectively, should do something about this,” he added, “for us and a lot of other creatures.” Read More on SA

Friday, 1 May 2015

The End of ICE: Genius Elon Musk Starts The Race To The Bottom Of Energy Storage Prices.




  I do not even pretend to really understand all the depth of Elon Musk's thinking about the energy storage with open source for Tesla's patents. Basically, after unveiling the PowerWall and PowerPack he has started Solar 2.0 race to the bottom for the price of the energy storage unit. Like with Solar, now Solar City is making money providing the solution with "dirt cheap" solar panels and attractive financing plans. PowerWall will become the part of this package opening huge market literally overnight. I was very impressed by the price $3.5k per 10 kWh PowerWall, but just wait until Gigafactory will come on line. 
  Now auto-makers can start to be really worried. ICE cars can become obsolete very fast. Elon Musk has just opened huge energy storage market combined with unprecedented growth in Solar installations all around the world. Tony Seba will be the good source to comprehend this tectonic shift. And while Tesla will be definitely making progress with utility storage, I think that his main goal to reach first will be the mass market for electric cars. It will happen with Gigafactory and $100 per kWh for lithium battery. Energy storage race can make this tipping point even more valid. China with its huge market and state-level incentives has already produced lithium materials leaders, who control lithium hydroxide market. Inside Tesla's PowerWall and PowerPack are lithium cells produced by Panasonic with more and more lithium hydroxide supplied from China. Now China is moving up the value chain with LG Chem, Foxconn, BYD and Boston Power building their own lithium Megafactories. 
  Elon Musk's genius is that by opening patents for energy storage he will employ huge capital and manufacturing base in China. Lithium cells will become commodity with copycats for his PowerWall and PowerPack. Ability to produce the lithium battery is one thing, power of the brand and packaged solution with Solar is another. I think that Chinese companies even here will succeed very fast. To produce Tesla Model S or coming Tesla Model III is completely different story. You do not really expect a lot from your PowerWall - just to be safe and functional. The battery for the electric car is completely different story, as your beloved car itself. This is where Tesla will rule for the long time and, maybe, Apple can actually get very fast traction after outsourcing power-train to Tesla and employing its own brand power and pile of cash.
  Nobody knows what will actually happen, but Elon Musk with his bold decision has started another revolution these days. Without fear he has priced his energy storage at the very low range and started the race to the bottom for the price of the energy storage unit. His dream about mass market for electric cars now can be almost certain - at least on part of the battery cost.
  In our own case we can be certain that security of lithium supply will be the most important thing at the very bottom of the vertically integrated businesses in this next industrial revolution - Elon Musk has shown the market today. We are building the one with our strategic partner Ganfeng Lithium and today Elon Musk has put our industry into the higher gear and this race is only the beginning. The chart below already confirms that this is happening.


Video - Elon Musk Presentation Of Tesla Lithium Energy Storage: PowerWall and PowerPack With "Infinite Scalability".



Lithium Hydroxide - A Perfect Price Storm Just Before Tesla Battery Storage Announcement.

 "War On Pollution" in China produces a range of new concepts of electric cars to conquer the largest auto-market in the world. Not all of them will become the hit in the market, but the trend is apparent - EV is the future for mobility in China. Government supports this leap into the lithium based technology to close the gap with western auto-makers. Security of supply for lithium takes the centre stage in the development of strategic industry - electric cars. Tesla Gigafactory has already spiked interest to the lithium batteries and Megafactories are being built now in China by LG Chem, Foxconn, BYD and Boston Power.


International Lithium And Ganfeng Lithium: "The End Of The Lithium 'Big 3'.


  "Joe Lowry has published a very interesting article about the lithium market, major producers and rising Chinese powerhouses in lithium industry. You can find now more details on International Lithium strategic partner Ganfeng Lithium. Apple Electric iCar and Warren Buffet BYD move into energy storage to chase Elon Musk with his Tesla Gigafactory bring Lithium back onto the radar screens of investors now. Read more."

  



Elon Musk Presentation Of Tesla Lithium Energy Storage: PowerWall and PowerPack With "Infinite Scalability".



  "We must do it, we can do it and we will do it" - Elon Musk presents one more revolutionary product and it will become the major transitional point for our industry. The most important point here is the price. I am very impressed with the pricing of $3,500 for 10 kWh! Tesla's Gigafactory is supposed to bring the price down to 100 per kWh and than we can talk about the mass market for electric cars and energy storage. It all is coming very fast now: Gigafactory will be in operations by the end of 2016. Solar power is booming all over the world. This energy storage products will be open source as well! Elon is talking about hundreds of Gigafactories to come and LG Chem, BYD, Foxconn and Boston Power are already building ones. Time is to invest in the security of lithium supply to make this revolution happen. International Lithium is very fortunate to have Ganfeng Lithium as our strategic partner in this fast growing market and we are on the ground advancing our J/V projects right now.


Tesla Motors: Energy Storage for a Sustainable Home.


Lithium Hydroxide - A Perfect Price Storm Just Before Tesla Battery Storage Announcement.

  


  Joe Lowry has published another very interesting article on the current supply and demand in the different sectors of the lithium market and the coming shortage for the lithium battery grade materials. If you are interested in our sector - he will be the one to follow on twitter at https://twitter.com/globallithium.  
  Joe has recently brought to our attention the rising powerhouses from China in lithium materials sector and, as you know, I am personally involved with International Lithium and Ganfeng Lithium from China as well. 

 "War On Pollution" in China produces a range of new concepts of electric cars to conquer the largest auto-market in the world. Not all of them will become the hit in the market, but the trend is apparent - EV is the future for mobility in China. Government supports this leap into the lithium based technology to close the gap with western auto-makers. Security of supply for lithium takes the centre stage in the development of strategic industry - electric cars. Tesla Gigafactory has already spiked interest to the lithium batteries and Megafactories are being built now in China by LG Chem, Foxconn, BYD and Boston Power.


International Lithium And Ganfeng Lithium: "The End Of The Lithium 'Big 3'.


  "Joe Lowry has published a very interesting article about the lithium market, major producers and rising Chinese powerhouses in lithium industry. You can find now more details on International Lithium strategic partner Ganfeng Lithium. Apple Electric iCar and Warren Buffet BYD move into energy storage to chase Elon Musk with his Tesla Gigafactory bring Lithium back onto the radar screens of investors now. Read more."

  






Thursday, 30 April 2015

Fully Charged: Oslo To London For €5 In Tesla Model S P85.



Electric Cars: Tesla CTO JB Straubel - The Future Of Transportation.


  Lithium technology is the key to mass market in electric cars. Tesla Gigafactory will bring better and cheaper lithium batteries. We have the opportunity to listen to the great history of Tesla Motors in the making.
    Gigafactory will drive this cost efficient rEVolution when it will be even more cheaper to drive EVs. This future means a lot of lithium batteries and the whole new supply chain for the Lithium materials. International Lithium is building this kind of supply chain with leading lithium material producer Ganfeng Lithium from China.





Lithium Batteries Costs Among Market Leaders Are Much Lower Than Previously Reported.


Nature Climate Change


  I would like to share this very interesting report about the dramatic decrease in lithium battery costs than previously thought. Industry insiders are already working around $300 per kWh and Tesla Gigafactory will bring us closer to $100 per kWh - the tipping point for the mass market for electric cars.

  


International Lithium And Ganfeng Lithium: "The End Of The Lithium 'Big 3'.


  "Joe Lowry has published a very interesting article about the lithium market, major producers and rising Chinese powerhouses in lithium industry. You can find now more details on International Lithium strategic partner Ganfeng Lithium. Apple Electric iCar and Warren Buffet BYD move into energy storage to chase Elon Musk with his Tesla Gigafactory bring Lithium back onto the radar screens of investors now. Read more."


International Lithium Corp. and Ganfeng Lithium Commence Work Programs on the Avalonia and Mariana Lithium Projects.




Wednesday, 29 April 2015

US Dollar Slides To 95.00 - Confirms Double Top Reversal. Can Somebody Invite Gold To FED's Party?

  


  After disastrous GDP number of 0.2% growth with deflator at - 0.1% US Dollar has finally given up and slides to 95.00 level. 96.24 was crossed yesterday and now we have the confirmation of the US Dollar Double Top Reversal. Gold is still sleeping and cannot believe its luck, somebody has to make a call … Gold could be manipulated all day long, but US Dollar will be very difficult to put back on the parabolic move. Now it is apparent that economy in US is nowhere near to the robust growth after unprecedented historical monetary expansion. What will be coming next? Nobody knows, but short squeeze in Gold and Silver will be very nice to have for a change. Party starts after $1,225, but the real fireworks will come after $1,316.


Huge Miss On The Jobs Report And Gold - The Parabolic Move In US Dollar Is Over.



 


  After today's huge miss on The Jobs Report the parabolic move in US Dollar is officially over. With crashing dollar commodities should finally find the bottom. Gold is already printing very strong Double Bottom Reversal, confirming what we had discussed before. Move above $1,310 will bring all the fun back now. Good Friday to everybody who is not short Gold or Euro … Monday will be interesting with Record Short position in Gold.



Gold: Is US Dollar Parabolic Move Over?




  "This is what is called the parabolic move in US Dollar. It has "coincided" with the collapse in Oil and other commodities. You can appreciate the magnitude of this move and the total devastation is has caused in the commodity markets. Is it over now? Everybody is still bullish on dollar, but FED has already scaled back expectations on the rate hike. Immediately we had the dollar flash crash, which is better seen on the daily chart below. Strong dollar is not very good for the recovering US economy, actually FED is in the corner of 18 Trillion debt, All-Time-High markets and the brave idea to hike the rates. Half of the traders maybe have never even seen rising rates in their lives before. What will happen with the market on fire once the oxygen will be going out? I would say that this "removal of patient does not mean that we are impatient" will lead to the very gradual couple of hikes the most. Once the market realise it, this parabolic move will end in the crash. The higher it goes the harder it will go down. When will it happen? I guess that nobody knows, but at least we have the hesitation now, which could be enough for the margin calls on this the most crowded trade after another 5% move down. Read more."


TNR Gold: Shotgun Gold Project Development in Alaska.


 "Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."