What is FMG ulitimate goal? To change his low cost iron ore exports to China and turn it into green steel manufactured in Australia and exported globally? The company has been busy setting up deals and purchasing technology.
We pay over $11 billion a year for fossi fuel subsidies for direct support. That does not include the indirect subsidies. As well there are billions of dollars needed to remediate fossil fuel coal and gas mines. Who pays? Consumers
Electric trucks have been slowly entering the market from all the major manufacturers, and businesses are catching onto the savings and applications. Transition will be steady as the capital to change from conventional to electric will be intensive.
Some argue for nuclear as the basis of the Australian electricity energy but the data says nuclear would be more than 2.2 times the cost of renewable energy with sufficient battery storage of 20GW.
Tesla has established an insurance business, and the value of insurance could be 5 times more than just selling the car by itself. The margin from the insurance business could be bigger than the revenue from full self driving software, face lower barriers to adoption and reduce costs to customers.
Direct Lithium extraction (DLE) provides faster extraction of lithium from brines, reduction of costs, increased recovery and opportunity for reduction in energy and carbon inputs.
Venture capital success in growing innnovation has been transformational. Along with internet speeds, the amouint and scale of vc funding of innovative companies.
Electric pickup trucks are coming. In China they are here already, but the love affair of the Pickup in USA or Australia, from big to small is coming over then next 4 years.
Green hydrogen has 3 challenges to be part of the energy mix. a) cheap manufacture. b) cheap transport and c) applicable uses. That journey has started..
Coal mines continue to be constructed but face becoming stranded assets with the change to RW. But coal mines are half of the worlds mines and less than 17% of the revenue. Will other EV minerals replace them?
Who are the major car manufacturers globally, and what disruption will be coming with electric vehicles. Who will be the winners and loser?
Small power from rooftop solar and batteries and not nuclear is the best. Nuclear was suggested would be too cheap to meter but is too costly to remember.
Freeing energy explores the energy in the world and shows how local free energy using PV panels and batteries will provide energy to 3 billion in energy poverty and disrupt 135 years of Big Grid.
The Angry Clean Energy Guy talks about corporate evil: comapanies knowingly doing harm. Exxon, BP moved responsibility from their fossil fuel CO2 emissions and pushed “personal carbon footprint”. He outlines Adarni as a worst case example.
Over 37 companies have announced or are building European battery gigafactories. The largest is Tesla at Berlin due for production in early 2021, but others are focused on supplying the European manufacturers.
Numerous battery gigafactories in the USA have been announced. With capacity over 1TWh they could build 15million electric vehicles per year.
Lithium from Chile, Argentina and Bolivia makes up 20% of the current supply, with China and Australia the majority of the rest. Intense exploration and extraction is in full swing.
EV production in China is booming with multiple “Gigafactories”, and the battery market is racing to keep up with demand and supply. China will get to 20% of EV new car sales by the end of 2021 4 years ahead of 2025. Six battery companies provide 47% of the global demand for batteres.
It takes 2 years to build a battery gigafactory. But it takes 7 or more years to develop a mine. While there is plenty of lithium on the planet, it isn’t being extracted and refined quickly enough to keep up with the rapidly growing demand for batteries.
Nuclear SMR Reactors are small and modular and it is proposed they overcome 2 of the conventional nuclear issues, cost and refuelling. In reality, they are still a decade or more away from commericalisation and the value is yet to be confirmed.
