4 ms·

Well... most current lithium battery chemistries absolutely require cobalt, and given the demand for EVs and grid-scale PV storage there's bound to be a lot of

Well... most current lithium battery chemistries absolutely require cobalt, and given the demand for EVs and grid-scale PV storage there's bound to be a lot of interest for it. Unfortunately for cobalt miners, there's significant r&d investment into chemistries free of materials which are dominantly sourced from questionable countries/conditions - some driven by preparation for trade conflicts, and some driven by law (EU supply chain / anti slavery acts). And that is yielding its first results, e.g. [1]. [1] https://www.global.toshiba/ww/technology/corporate/rdc/rd/topics/23/2311-02.html https://www.global.toshiba/ww/technology/corporate/rdc/rd/to...

ClassyJacket 2y ago
But notably, LFP batteries do not use cobalt, which includes the Rear Wheel Drive Tesla Model 3.
- energy123 2y ago
  Isn't LFP now the dominant chemistry in grid scale storage?
  - danans 2y ago
    Not yet, NMC Li-ion is still the largest represented in grid scale battery storage [1]. Pumped hydro is dominant overall in storage. LFP represents an increasing share of new grid scale battery storage, though [2] 1. https://www.iea.org/energy-system/electricity/grid-scale-storage https://www.iea.org/energy-system/electricity/grid-scale-sto... 2. https://about.bnef.com/blog/2h-2023-energy-storage-market-outlook/ https://about.bnef.com/blog/2h-2023-energy-storage-market-ou...