5 Orders of Innovation
There are 5 orders of innovation from individual components at order 1, to systems at 2, services at 3 to disruption of industry at order 5. Knowing this provides expectation of capital and time to market with new innovations.
batteries
Green Steel From Fortescue Minerals
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.
Fossil Fuel Subsidies are $11m per minute
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 Are Here
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.
Is renewable energy cheaper than nuclear
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.
Direct Lithium Extraction
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.
Green Hydrogen Opportunities
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..
Simple Power by Freeing Energy
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.
European Battery Gigafactories
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.
USA Battery Gigafactories
Numerous battery gigafactories in the USA have been announced. With capacity over 1TWh they could build 15million electric vehicles per year.