Wow, it’s hard to know just how impactful this will be, but it sounds like they’ve got something here.
its batteries which it said avoid using metals such as lithium, cobalt, graphite and copper, providing a cost reduction of up to 40% compared to lithium-ion batteries.
Altech said its batteries are completely fire and explosion proof, have a life span of more than 15 years and operate in all but the most extreme conditions.
That’s huge, especially the fire and explosion proof part.
Actually exciting battery tech that isn’t just fluff. They actually built the thing and tested it, rather than it being a theoretical, not-easily-produced thing and it worked.
As others have said, this is for grid-scale and not EVs, but still exceptional progress and very important for energy storage.
As others have said, this is for grid-scale and not EVs, but still exceptional progress and very important for energy storage.
I would argue that grid-scale energy storage is even more important than EV needs today.
Grid scale batteries allow for better security by distributing storage across the network and lets us store renewable energy from peak hours.
Cheap grid storage will be a game changer
We tend to use between 3kWh (vacation/idle power consumption) and around 8kWh per day. If we switched to electric stove, water heater, and heat pump, and add a hot tub, that’d increase substantially. But if we added solar (on our long Todo list…), the battery in the article (60kWh) would probably be able to handle all our storage needs, and it’d fit in he garage (bonus of it can be placed outside/under a deck!). I live in a major city, but I would absolutely love to effectively be off grid.
Exciting stuff — it seems these are touted as being extremely robust/safe, which is of course important for me if it’s going to be in/near our house. Storage density not a huge concern, but price is somewhat important — let’s hope this sort of thing ticks all the boxes.