Energy Storage

The Economist Announces The Death Of The ICE (Finally)

The most recent cover story in The Economist announces, “The death of the internal combustion engine… it had a good run. But the end is in sight.” In a remarkable account, The Economist reports that the internal combustion engine’s “days are numbered. Rapid gains in battery technology favour electric motors instead. … Today’s electric cars, powered by lithium-ion batteries, can do much better.”

Volcano Lakes May Contain Vital Lithium Deposits, Say Stanford Researchers

Lithium is a key component of lithium-ion batteries and lithium-ion batteries are a key component of the transition from fossil fuels to renewable energy and electric cars. But until now, it has been in relatively short supply, sparking fierce competition among mining companies. It is one of the most abundant elements in the world, but commercial mining has been limited due to limited demand. A new Stanford study offers some insight into where more lithium can be gathered. It is titled, “Lithium enrichment in intracontinental rhyolite magmas leads to Li deposits in caldera basins.”

Wow. Sounds like a real page-turner, doesn’t it?