Falling Lithium Battery Prices Seen As 'Game Changer'

While new technologies are making more oil available, the global appetite for it is slowing down, which will impact Saudi revenues, among others.

Published: 04-Mar-2013

Policy Horizons Canada is a foresight organization within the government of Canada, with a mandate to help anticipate emerging policy challenges and opportunities, explore new knowledge and ideas, and experiment with methods and technologies to support resilient policy development. With Canada emerging as a heavyweight in the global energy equation – courtesy the Alberta sandoil, energy is one of the issues, always on the table for the group.

Last week, this correspondent was at their offices in Ottawa, close to the sprawling parliament building, giving a talk, presenting his view on the emerging energy scenario.

Most analysts agree today, that while new oil and energy frontiers are emerging – all around – the global appetite for oil is slowing down. On the other hand, global economy is not in the best of the shapes – to say the least – impacting the demand side of the global energy equation. And then the rising emphasis on efficiency, especially in the transportation sector also does not point to a strengthening demand pattern. Fundamentals are weakening.


Ford Focus Electric chassis. 23kWh battery pack mounted in the rear.

Based on the price of the Focus Electric and size of the battery pack, Ford would be paying between $522 and $650 a kilowatt-hour for its electric-vehicle batteries.

IBM Almaden Research Center near San Jose, California, site of 500 Mile Battery effort.

Goal of effort is to develop lithium-air battery that can rival gasoline in energy density, making electric cars viable.

IBM lithium-air prototype 'Swagelok Cells'

Demonstration of working lithium-air battery may lead to production model for use in electric vehicles sometime after 2020, IBM researchers say.


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