In an effort to reduce emissions from hydrocarbons, the 194 nations who signed the Paris Climate Accord have committed to a major move toward renewable electrification in the coming years. Achieving these goals will require a massive increase in battery capacity to replace the internal combustion engine in vehicles and store energy for peak residential and commercial grid demand.
Lithium-ion batteries offer the best hope of success, but also carry many downsides, including cost, safety, limited lifecycle, and environmental damage from production and disposal. And at current production levels, the demand for lithium is forecast to exceed supply in the next five years.
Current methods of lithium production are extremely inefficient and wasteful. EnergyX is a tech company based in Puerto Rico and Texas advancing lithium production and nextgeneration batteries with their patented LiTAS direct lithium extraction technology and SoLiS solid state nanotech lithium metal batteries.
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