Date: Jan 05, 2018

Summary

U.S. energy storage increases 46% in third quarter. Hawaii, California, Massachusetts aim to be powered by 100% renewable energy by 2045.

Global storage market to double six times by 2030 to a total of 305 GWh. China reportedly started construction of world’s biggest 800 MWh battery and it’s made with vanadium.

Lithium batteries’ parasitic load factor and scalability may hamper growth. Vanadium batteries could start dominating the utility energy storage sector due to their proven reliability and longer battery life.

With fierce competition amongst vanadium battery makers and without a clear winner, investing in vanadium mining company may be the best way to participate in the rise of vanadium usage in batteries.

The considerable upside of vanadium mining company valuations can be seen when compared with uranium mining company valuations.

U.S. energy storage increases 46% in 3rd Quarter. Hawaii, California, Massachusetts aim to be powered by 100% renewable energy by 2045.

The article “US Energy Storage Increases 46% in 3rd Quarter” by Joshua Hill, published on December 7, 2017, revealed the latest U.S. Energy Storage Monitor report by Greentech Media (“GTM”) Research showed a total of 41.8 MW (megawatts) worth of new energy storage capacity was deployed in the third quarter of 2017, representing an increase of 46% year over year and 10% quarter over quarter.

To read full article please click here