Covering the topics of Liquid Air Battery, Lithium Ion Battery, LAES, Highview Power, New Battery Technology, Benefits of Liquid Air Batteries, and more! Don´t forget to leave your comments below and to support the channel by liking the video and subscribing. Thanks! Subscribe To The Tesla Domain ➡ https://bit.ly/2ECNiWk WATCH NEXT 👇 ✅ Why Ambri Liquid Metal Battery Could Disrupt The Entire Industry!! https://www.youtube.com/watch?v=ayf8iAX5Z4I 🔥 RELATED VIDEOS: ✅ Tesla Comes Close To 4680 Battery Production While Closes HUGE Battery Deal!!! https://www.youtube.com/watch?v=KOz7sDs5wBU ✅ These New Perovskite Solar Cells Can Revolutionize The Energy Industry!! https://www.youtube.com/watch?v=qXvMWTqoVaw ✅ This Startup Is About To Revolutionize Hydrogen Storage For EVs!!! https://www.youtube.com/watch?v=RIb4d393AaI ✅ GAMECHANGER!! Watch Out For This 100% Silicon Nanowire Battery Tech!! https://www.youtube.com/watch?v=w9hS8nf_pQg ✅ This Startup Is Taking HUGE Steps For Scaling Up Its NEW Lithium Metal Battery!!! https://www.youtube.com/watch?v=GoU_H1ZKSa0 As you probably know, reduction of carbon footprint and replacing fossil fuels with renewable energy sources is a global goal. But in achieving the goal there are certain factors which we must look at. And one of major relevance is energy storage. "What's driving the renewal is the excess renewable capabilities, and the demand for storing those renewables for longer periods of time," said Rob Webster, chief strategy officer at Magnum Development. "We all know the sun doesn't always shine, the wind doesn't always blow, yet electric demand is there — and these bulk storage facilities give the ability, for the first time, to really have truly dispatchable renewable energy”. Right now, we're seeing lithium-ion battery installations spring up all over the place. Tesla's Hornsdale Power Reserve, which was recently extended by 50MW, is one of the more noteworthy instances. It has contributed to increased electrical system resilience and decreased the cost of frequency control auxiliary services by about $116 million in 2019. According to Javier Cavada, the CEO of Highview Power." Lithium has a big role, [it] has a very big list of projects that need to happen — but that's not going to make the whole transition alone,". He further added that while lithium-ion batteries are the best technology for small-scale, shorter-duration projects, it isn't viable to continue stacking up batteries to scale up. But so far these battery systems are designed for 2-4 hours of energy storage. Solar and wind are some of the cheapest methods of generating electricity today at around $40 and $29 per MWh respectively. When you layer in lithium-ion battery storage and calculate the cost per MWh, it stands around $150 for four hours of energy discharge. The price doesn’t scale well the larger you make the system … and that’s where the power of air comes in. ___________________________________________________________________________________ 🤩 The Tesla Domain is the Number 1 channel to go when you want to be up to date with the latest Tesla news, rumors, and insights. Covering everything related to Elon Musk, Tesla, Space X, The Boring Company, Neuralink, Hyperloop, and the EV industry as a whole! We post videos about every Tesla vehicle, including the Cybertruck, Model 3, Model Y, Model S, Model X, Semi, Roadster, and all the other upcoming EVs from different car manufacturers! ___________________________________________________________________________________ 🥸 Disclaimer: All the information provided on this channel and/or videos is of general nature and for entertainment purposes only, and you should use it as a place to start your own research. All reasonable efforts have been made to ensure the accuracy of the information provided, working with sources that we believe to be reliable, but subject to change at any time, without notice. ___________________________________________________________________________________ 🗣 Copyright Disclaimer: Section 107 of the U.S. Copyright Act states: “Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.” This video could contain certain copyrighted video clips, pictures, or photographs that were not specifically authorized to be used by the copyright holder(s), but which we believe in good faith are protected by federal law and the fair use doctrine for one or more of the reasons noted above. For copyright issues or business inquiries please contact us at successpillyt@gmail.com #elonmusk #tesla #thetesladomain