Virtually every automaker is investing into battery pack production.
Energy storage in 2016 was able to deliver about 5 GWh. By 2030, it is expected to double six times to about 300 GWh.
Bank loan finance for NE merchant power project. Family offices and hedge funds are starting to buy into IndoorAg. Expect 7 MM EVs by 2025, result in around $6 TN in investment. Electrification of transport could result in growth of 80 TWh/year. EV expected to replace fossil fuel power vehicles. UK ban on new petrol and diesel car sale in 2040proposed to move forward. Generate hydrogen from water using solar. Hydrogen produced used in fuel cellsto generate power. Water cleaning technology that uses bugs to separate metals from water. Industrial synthesis of hydrogen, syngas, methanol and diesel could become competitive with fossil fuelswithin the next two decades. US southeast power project LCOE:
(1) Biomass $84/MWh to $133/MWh.
(2) Wind $55.6/MWh.
(3) Solar $57.4/MWh.