As we all know, lithium batteries have triggered the electric car revolution. Many predictions believe that the lifetime cost of owning and driving electric vehicles can be compared with fuel vehicles in a few years, which has led to a surge in electric vehicle sales in the 2020s and became mainstream in the 2030s. Since 2015, lithium prices have tripled. Lithium mines have certainly been on the cusp and have expanded significantly. But investment banks have also warned of the risk of oversupply in lithium mine development.
Has the lithium battery investment fever turned into a yellow flower? Many investors do not believe this conclusion. 'Stationary storage' is becoming their new hot word, they hope it may become more energy in the energy market than electric The bigger driving force of the car. Is the large energy storage battery rushing to the next vent?
Tesla finds 'new highlights'
Fixed energy storage systems typically refer to battery storage solutions using technologies such as lead acid, nickel cadmium or lithium ion. This system can store excess power for peak demand periods.
In fact, although Tesla has been working hard to increase the production of its Type 3 electric vehicles, Allen Musk said at the company's annual shareholder meeting last month that the fixed energy storage system has become a new business highlight.
'The speed of fixed energy storage systems will grow exponentially,' Musk said: 'For many years to come, every year will grow as much as in previous years. This is a crazy, crazy growth rate.'
To date, Tesla has built a 1 GWh energy storage system, almost half of the world's 2.3 GWh fixed energy storage system last year.
Angela East wrote on Stockhead that the fixed energy storage market system is still lagging behind the electric vehicle market, but it may become the main driving factor for ASX-listed lithium batteries, and further trigger investors to other energy storage battery metals, such as vanadium and Interest in zinc.
According to Arthur D. Little, a French-based management consultancy, the battery market will rise from $60 billion in 2015 to more than $90 billion by 2025. The growing reliance on renewable energy battery storage is driving 'huge' demand.
In the past two years, more than $13.7 billion in related investments and acquisitions have been completed in this area. These investments include Japanese chemical company Asahi Kasei acquiring battery separator manufacturer Polypore for $2.2 billion, and French oil and gas giant Total acquiring Battery manufacturer Saft, and AES and Siemens established the Fluence energy storage joint venture.
The Australian government released the 'Responsibility: Energy Storage Opportunities in Australia' report on Friday, which said Australia is a leader in energy storage.
Ravi Manghani, research director at Wood Mackenzie Power and Renewables, said: 'Australia is the world's largest residential energy storage market in 2017, and residential energy storage has tripled over the previous year.'
In 2017, Tesla built a large lithium battery project with a capacity of up to 100 megawatts in South Australia to solve the power supply problem in the region. The system was launched in the first quarter of 2018, and by now it is the world's largest lithium battery. Battery system.
Last month, the NSW government installed a set of Tesla batteries, powered by about 1600 solar panels, and was able to store 500 kilowatt-hours of electricity, powering 50 homes a whole day. Sydney Mayor Clover Moore said Sydney's goal is to generate 50% of its electricity from renewable sources by 2030. In the future, all municipal buildings in Sydney will have a total of 1.5 megawatts of battery storage capacity.
The Victorian government has launched its own $25 million energy storage program, which has locked in two projects so far.
'We expect Australia's front-end storage market to have 2.5GWh in the five years from 2018 to 2025.' Manghani said.
Chinese automaker BYD is building the world's largest battery plant in Qinghai, increasing its total capacity to 60 GWh by 2020.
Bloomberg New Energy Finance believes that investment in this area will reach $548 billion by 2050, two-thirds of capacity at the grid level, and one-third capacity at the home and business levels.
Since the beginning of this year, the ASX's new energy battery concept stocks have performed poorly, but they have also excelled. Adriatic Metals (ASX: ADT) was listed on ASX on May 1st, and its share price reached three times the IPO price. It has risen by 115% over IPO prices. The company is exploring the Veovaca and Rupice zinc projects in Bosnia and found zinc resources with a grade of up to 30%.