Sharp price rises and supply shortages for non-active materials used in lithium ion cells are adding pressure to battery manufacturers already facing a rise in battery raw material prices, according to the most recent analysis by Benchmark Mineral Intelligence.
Prices for binder and separator materials, and solvents, began trending upwards in late-2020 and have since seen sustained higher prices and constrained supply, with expansions limited to smaller Chinese operations.
The supply of the binder material polyvinylidene fluoride (PVDF) has been particularly constrained and prices have risen significantly since mid-Q2 2021.
Traditionally, these price rises would not substantially affect cell cost reductions, but manufacturers now need to pay close attention to the bill of materials which plays a greater role than ever in total production costs, Benchmark said.
While cell makers face pricing pressure from these peripheral materials, critical raw material prices have increased considerably since late 2020, with Benchmark’s Lithium Carbonate Index up 111.6%, nickel sulphate prices (EXW China) up 25.6%, and cobalt hydroxide prices up 64.2% year-to-date in July 2021.
PEI Connect: Is Europe facing an energy crisis?
High gas prices and low renewable energy yield and could prove challenging for Europe, as the region heads for chilly winter months.
The post PEI Connect:…
PEi Connect provides a brief look at what got our attention during the week (09-16 Sep), and first up we focus on the impact of high gas prices and low renewable energy yield and what that could mean for Europe, as the region heads for chilly winter months.
Europe’s power crunch
European power prices are reaching record highs due to high gas prices and high carbon prices and analysts warn the region could face supply crunches as wind levels drop and coal is phased out.
An interesting analysis by CNBC’s Sam Meredith provides some insight into the causes behind market nervousness the potential impact of market volatility. Read more.
Global collapse of coal pipeline
A new report released by climate think tank E3G has found a 76% reduction in proposed coal power since the Paris Agreement was signed in 2015, bringing the end of new coal construction into sight.
Report author Chris Littlecott, Associate Director at E3G, said: “The economics of coal have become increasingly uncompetitive in comparison to renewable energy, while the risk of stranded assets has increased. Governments can now act with confidence to commit to ‘no new coal’.” Read more the about report.
TIME Magazine’s top 100 influences
TIME has released its list of the top 100 influential people of 2021. On the list are International Energy Agency executive director, Fatih Birol, Tesla CEO, Elon Musk and vice president of the European Commission, Frans Timmermans.
Cities are key to our net zero future
An interesting article by the International Energy Agency (IRENA) looks at how cities can catalyse the shift to a low-carbon future.
The dominance of fossil fuels in the urban energy supply puts cities on the frontline of climate change however, there are four cities that, despite limited funds and policy support, are taking sustainable energy action.
From solar power in Uganda to geothermal powered heating in Serbia. Read more about how cities are innovating to achieve energy transition.
Connect with us next week for another selection of interesting sector news.
Until then, take care, stay safe and power on.
The PEi Ed team ????renewable
Romeo Power and Dynexus Technology collaborate to introduce advanced battery sensing and diagnostics for battery-electric commercial vehicles
Romeo Power and Dynexus Technology, a provider of battery sensing solutions and data-driven battery intelligence, will collaborate to integrate Dynexus…
Romeo Power and Dynexus Technology, a provider of battery sensing solutions and data-driven battery intelligence, will collaborate to integrate Dynexus Technology’s actionable battery performance and health sensors into Romeo Power’s battery ecosystem.
The technology developed by Dynexus will initially be utilized for incoming cell quality control and end-of-line verification, as well as module and pack diagnostics and prognostics, enabling multiple opportunities to reduce total cost of ownership for Romeo Power’s customers.
Dynexus generates critical data that can accelerate the qualification process of cells and batteries, including cell screening and matching, further improving quality control, safety and reliability of our battery systems. We look forward to collaborating with Dynexus to advance the electrification of commercial vehicles.—AK Srouji, CTO of Romeo Power
Dynexus’s award winning and patented Inline Rapid Impedance Spectroscopy (iRIS) sensors generate near real-time, rich, frequency-based battery data that provide information about the state of the battery physico-chemistry. Traditional measurement methods treat the battery as a blackbox. The Dynexus sensor “looks” inside the battery and generates a “fingerprint” or signature that uniquely describes a battery’s health, degradation, and therefore safety.
Romeo Power will integrate iRIS into its battery systems, providing a new class of battery data that, until now, was only available for research purposes and was not practical as a commercial sensor or tool. This technology enables measurements that typically take 30 minutes to be reduced to 10 seconds or less.
Dynexus Technology’s iRIS system has been validated in Romeo Power’s in-house testing lab and demonstrates superior accuracy and repeatability. The iRIS system also has high voltage capability and enables measurements under dynamic battery conditions. In addition to screening and quality control applications, Romeo Power intends to implement iRIS inside its next-generation battery systems and is expected to start road testing in 2022. This integration is also additive to Romeo Power’s sustainability efforts as it may enhance reuse and battery second life assessment.
Founded in 2016 and headquartered in Los Angeles, California, Romeo Power delivers electrification solutions for commercial vehicle applications.
TWAICE and pepper partner for full battery transparency in retrofitted commercial vehicles
TWAICE, a provider of predictive analytics software that optimizes the development and operation of lithium-ion batteries, and pepper motion GmbH (formerly…
TWAICE, a provider of predictive analytics software that optimizes the development and operation of lithium-ion batteries, and pepper motion GmbH (formerly etrofit), a company offering solutions for the electrification (retrofitting) of used and new commercial vehicles such as trucks in distribution transport, buses in local public transport (LPT) and municipal vehicles, are partnering for full battery transparency in retrofitted commercial vehicles.
TWAICE’s analytics software will make the battery performance and lifetime of electrified powertrains transparent and thus more sustainable. This provides pepper customers with battery insights and enables optimal operation.
Retrofitting can be an economical and sustainable alternative to diesel vehicles. pepper retrofits both buses and trucks with all-electric powertrains.
We plan to put around 1,200 buses and trucks on the road with our technology by 2023 alone. The vehicles will be delivered primarily in Europe, North and South America.—Andreas Hager, Managing Director of pepper motion GmbH
TWAICE will support pepper and commercial fleet operators in both the development and operation of the electric vehicles. The battery analytics software allows the condition of vehicle batteries to be estimated and predicted in the field, long-term battery performance to be analyzed, maintenance to be predicted, warranty commitments to be adjusted, and a realistic residual value to be determined. It can also provide drivers with targeted usage recommendations. In this way, the TWAICE software makes the service life and economic efficiency of the vehicle batteries transparent.
TWAICE is an important strategic technology partner for us. We can use the software not only to analyze the aging process of batteries, but also to derive value-linked different life cycles and usage scenarios that are valuable for our customers and our product development.—Dr. Ing. Matthias Kerler, Chief Technology Officer of pepper motion GmbH
The analytics data from TWAICE provides pepper with conclusions to further optimize the cycle stability of the batteries used, and to ensure maximum energy-efficient and economical use.
The technology behind the TWAICE predictive analytics software uses artificial intelligence to determine battery condition and predict the aging and performance of lithium-ion batteries.
Analog Devices. Earlier, TWAICE announced a collaboration with Analog Devices, Inc., a global semiconductor company and software solutions provider, with the aim of mastering the challenges of battery life-cycle optimization. The combination of state-of-the-art sensor technology and wireless connectivity from Analog Devices with battery analysis software from TWAICE will benefit customers in the mobility and energy sectors. The alliance will help to significantly reduce warranty risks and recalls, optimize battery life and increase the value of batteries, TWAICE said.
Analog Devices is a global leader in the development, manufacture and marketing of a broad portfolio of high-performance analog mixed-signal and digital signal processing solutions that are used in almost all types of electronic devices. The company is also the market leader in battery management solutions. The collaboration with the Munich software company TWAICE, whose software platform offers end-to-end battery analysis solutions, enables the entire battery life cycle to be optimized.
The aim of the cooperation is to provide a holistic life cycle solution for automobile manufacturers with integrated hardware and software. A complete end-to-end solution with state-of-the-art battery measurements via a wireless battery management system is offered.
Analog Devices’ sensor technology delivers data and data quality that was previously unavailable. TWAICE can deliver the critical battery performance insights for which automotive companies around the world are looking. The integration of sensor and communication solutions from Analog Devices creates an ideal database. The resulting prognoses enable qualified statements about their value and usability at any point in the life cycle of the battery.
4 Lithium Stocks to Watch as Creeping Supply Shortages Drives Prices Higher
Sprott Physical Uranium Trust Announces US$1B ATM To Gobble Up More Uranium
Lightning eMotors Stock Is an EV Play That Will Only Go Up in the Long Term
Uranium Royalty Shares Up 10.26% After Announcing Purchase Of 300K LB of U3O8 For US$11.5M
Pilbara Minerals Just Sold Lithium For $US2,240/T – That’s a 550% YoY Increase
The Lucid Air Will Propel Lucid to New Levels
TMC Stock: What Is Going on With The Metals Company After Its SPAC Merger?
7 EV Stocks That Will Ride Out the Race to the Top
LILM Stock Stalls Out as Electric Air Taxi Company Lilium Starts Trading
World’s Biggest Battery In California Overheats, Shuts Down
Economics22 hours ago
Chinese Data Dump Confirms Hard Landing Imminent Without Beijing Bailout
Articles16 hours ago
A Sprott SPUT Copycat Joins the #UraniumSqueeze to Force an Explosive Move Higher
Precious Metals21 hours ago
Andy Schectman – “Physical Demand Will Completely Overwhelm Supply” and Why Silver Could Pop $270
Articles7 hours ago
As Sprott Goes Hunt Brothers On Uranium a Copycat Joins the Squeeze to Force an Explosive Move Higher
Economics23 hours ago
IFF: Global Debt Hits A Record $300 Trillion Rising 13.6% Since COVID-19
Energy & Critical Metals22 hours ago
Uranium Royalty Shares Up 10.26% After Announcing Purchase Of 300K LB of U3O8 For US$11.5M
Articles14 hours ago
Top Mining Small Cap Stocks To Watch
Today’s News21 hours ago
Titan Declares Cash Dividend of approximately C$1.4 million