Electric Vehicles Are Driving Demand For Lithium - With Environmental Consequences

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As the world moves towards a low-carbon future, there is a growing range of technological advancements helping drive the transition away from fossil fuels. Energy storage is a vital component, but there are concerns about the impact of this growing demand for lithium.

in the event of coal-powered plants or wind farms unexpectedly shutting down. In December 2017, a major coal generator in the neighboring state of New South Walescapacity. However, the batteries kicked in within a second, assuring there would be no blackouBy buying and selling power during fluctuating demand, the Tesla battery generates revenue, making close to.

By the year 2025, lithium demand is expected to increase to approximately 1.3 million metric tons of LCE - over five times today's levels. For example, the Volkswagen Group aims to

 

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