Energy Storage
by Old Guy | February 10, 2020 4:29 pm
With the massive shifts in sustainable energy production and distribution, energy STORAGE should be the next big horizon for investors. Everyone knows about the massive Tesla lithium[1] battery[2] production facility in Nevada, but few know about vanadium[3] redox batteries as a safer, longer lasting alternative that can also produce electricity on demand from chemical processes. There seem to be only a few companies pioneering this technology and others that are pursuing fuel cell, hydrogen[4] and other technologies for storage.
What companies are emerging as the leaders in storage technology?
Endnotes:
- lithium: https://www.stockgumshoe.com/tag/lithium/
- battery: https://www.stockgumshoe.com/tag/battery/
- vanadium: https://www.stockgumshoe.com/tag/vanadium/
- hydrogen: https://www.stockgumshoe.com/tag/hydrogen/
Source URL: https://www.stockgumshoe.com/2020/02/microblog-energy-storage-2/
I’m moving towards believing the use of hydrogen as the most practical form of storage. In the UK hydrogen is being trialed as fuel with 20% mixed into grid natural gas. boilers and gas stoves do not have to be modified.
In Northern Scotland wind energy is used to convert water to hydrogen by electrolysis. Two companies are doing well on this technology, ITM Power (electrolysis machines) and Ceres Power (fuel cells for domestic use)
Gflight2015, thanks for your reply. Not being a scientist, I’ve wondered about hydrogen “emissions” in that I believe they emit warm air. Would that emission somehow effect “global warming?” Maybe a silly point, but what do you think?
I’m really surprised there hasn’t been a better response to this posting. I’ve been spending a lot of time trying to digest all the advances in energy generation, transmission and storage. Now seems to be the time where on-demand energy storage has come of age with power outages and the threat of grid shut-downs through hacking, etc. There are a number of smaller companies with interesting prospects such as PLUG, BE and FCEL, all of which have affordable (i.e., (“penny stock”) per-share pricing. My favorite now is AES, a mid-cap value stock, which is well positioned, shows constant growth and good management, currently running around $21 share. I’d be curious about your observations on this one….