Renewable Forces

Even with falling fossil fuel prices, it looks like the underlying forces driving the cost of producing energy from photovoltaics and wind vs fossil fuels is taking hold.

In related news, I have discovered another serious entrant to the grid storage race: Alevo. Alevo is developing a “new” lithium-ion technology, and betting on it with a factory in North Carolina. Using lithium, instead of more abundant elements as Ambri and AquionEnergy are doing, seems risky. But I gather Elon Musk also thinks lithium based batteries can be inexpensive enough for stationary storage, so we’ll see!