Visit our new website: worldnews.easybranches.com

Tech Guru Unveils New Battery To Challenge Lithium-Ion

  • Sun, 13 Aug 2017 01:30

The rise of electric vehicles and the quest to find solutions to energy storage for the renewables industry have created a breeding ground for tech experts to develop battery technologies.

Last week, Sun Microsystems co-founder Bill Joy and the company he currently backs, Ionic Materials, unveiled a solid-state alkaline battery design that they claim would be cheaper and safer than the lithium-ion battery.

 

Get The Timeless Reading eBook in PDF

Get the entire 10-part series on Timeless Reading in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues.

We respect your email privacy

Lithium-Ion
Blomst / Pixabay

"What people didn't really realize is that alkaline batteries could be made rechargeable," Joy told Bloomberg in a phone interview last week. "I think people had given up," Joy noted.

The three main possible applications of the new alkaline battery technology would be consumer electronics, electric cars, and energy storage for the power grid, according to the developers.

However, also according to Joy, the company just has the material, and the technology is not ready to go commercial right away. The rechargeable alkaline battery technology could be ready for commercial use within five years, Joy told Bloomberg, adding that Ionic Materials didn't have a factory to manufacture the tech.

The prototype designs have demonstrated up to 400 recharge cycles for the alkaline battery, and Ionic Materials believes that the number of recharge cycles could be tripled, the New York Times reports.

On the downside, apart from uncertain commercial future, is the fact that Ionic's first alkaline batteries would be heavier than the lithium-ion batteries today.

Alkaline batteries mostly use zinc and manganese.

Ionic Materials has made progress toward developing a design for an alkaline battery that would use cheaper aluminum instead of zinc, Joy told the NYT. Aluminum-based alkaline designs could potentially weigh less than lithium-ion designs and could be cheaper than the alkaline designs today, according to the NYT.

"They use an unusual electrolyte to come up with a battery that uses common cheap materials and is benign," Amory Lovins, the founder of non-profit sustainable energy research group Rocky Mountain Institute (RMI) -- at whose summit Ionic unveiled its technology -- told the NYT, referring to the company.

However, Lovins is cautious about forecasts whether the alkaline design would be such as to hit the mass market.

"Batteries are very difficult and I want to see what they have and what can be measured and proven and whether it will get to market," Lovins told the NYT.

Meanwhile, lithium-ion battery prices have dropped a lot over the past few years. According to Bloomberg New Energy Finance (BNEF), the lithium-ion battery pack prices dropped from US$ 1,000/kWh in 2010 to US$ 273/ kWh last year.

Large demand for lithium-ion batteries is predicted ahead, with BNEF expecting EVs sales to accelerate and make up 54 percent of new car sales by 2040. One of the main drivers of EV growth, according to BNEF, will be tumbling battery prices.

"The real take-off for EVs will happen in the second half of the 2020s due to plunging lithium-ion battery prices, which are set to fall by more than 70% by 2030," according to BNEF's Electric Vehicle Outlook 2017.

EVs adoption and the need to find energy storage solutions will charge the battery race in the years and decades to come. The key question here is, will the battery design breakthroughs turn from lab tests into viable mass market energy options?

Link to original article: http://oilprice.com/Energy/Energy-General/Tech-Guru-Unveils-New-Battery-To-Challenge-Lithium-Ion.html

Article By Tsvetana Paraskova for Oilprice.com

The post Tech Guru Unveils New Battery To Challenge Lithium-Ion appeared first on ValueWalk.

ValueWalk

Tags


US Weekly

Related Stories

Threatening doesn’t work in diplomacy, says Bloomberg of Trump at the UN
  • Fri, 22 Sep 2017 01:28

JUDY WOODRUFF: But first: one on one with Michael Bloomberg, the billionaire philanthropist, businessman and former mayor of New York City. As world l...

Exclusive: Macquarie leapfrogs Goldman to join top tier of commodity banks
  • Fri, 22 Sep 2017 00:44

LONDON (Reuters) - Australia's Macquarie Group Ltd has overtaken Goldman Sachs to break into the top three banks for commodities business, having sign...

Remembering Futures Legend Les Rosenthal
  • Thu, 21 Sep 2017 22:29

It comes with a great sadness to learn of the passing of Futures Legend Les Rosenthal, who did so much to mold the industry into what it is today. For...

Planning for My Parents’ Retirement
  • Thu, 21 Sep 2017 21:28

Photo credit: Rojer, CC BY 2.0. My family was barely lower-middle-class, but I still grew up in a stable household where I had everything I needed. My...

Tesla caught "crippling" the battery life of cars, then controlling their discharge capacity from headquarters
  • Thu, 21 Sep 2017 20:32

(Natural News) Tesla owners in Florida got an early, although temporary, Christmas present, if you can call it that. Those motorists in the Hurricane ...

Hands-on with Nest's new home security tech
  • Thu, 21 Sep 2017 17:41

Hands-on with Nest's new home security tech, including a doorbell that connects to an app and a security system. BBC News - Technology

Start Complaining
  • Thu, 21 Sep 2017 13:38

Photo credit: Blake Burkhart, CC BY 2.0. Years ago, when I lived in the San Francisco Bay Area, Jack—the husband of my friend and co-worker Gladys...

'The Sinner' Boss Talks Potential Season 2 and the Challenge of Continuing a Limited Series
  • Thu, 21 Sep 2017 11:48

Showrunner Derek Simonds details the possible directions for more episodes and why Ambrose' story "is just beginning."read more Live Feed

You Can Return Amazon Products to Kohl’s Now
  • Thu, 21 Sep 2017 11:34

Photo credit: Mike Mozart, CC BY 2.0. Like most of us, I’ve returned the occasional item to Amazon—and although it isn’t a particularly ...

Every Job I’ve Ever Had: Waitress, Tech Support, Disney Receptionist
  • Thu, 21 Sep 2017 10:33

Photo credit: Anna Fox, CC BY 2.0. Waitress For my junior prom I had my heart set on a $ 350 dress that my parents rightfully didn’t want to buy. S...

Ackman targets retail investors in ADP proxy contest
  • Thu, 21 Sep 2017 09:29

BOSTON (Reuters) - Billionaire hedge fund manager William Ackman, whose firm owns an 8.3 percent stake in Automatic Data Processing Inc , is turning u...

Guess Who’s Ruining the Stock Market?
  • Thu, 21 Sep 2017 08:37

Today, in “maybe every opinion doesn’t need to be shared,” we have a MarketWatch op-ed titled “The masses are going all-in for...


News Categories