resourceinvestingnews.com
8 Mar 2012
This month, the German Ruhr-Universitaet Bochum is launching a research project to develop an aqueous lithium battery. The Federal Ministry of Education and Research will be supporting the study with approximately $1.9 million in funding over a five-year period. The team's goals are to produce a lithium storage format that will deliver high-energy density at an economically viable cost, and to develop batteries suitable for electric power grid applications.
Typically, lithium batteries are based on organic solvents and are used in laptop computers and other portable devices. Overall the demand for batteries currently represents almost 30% of total global demand for lithium. Lithium has not yet been used as a storage format in power supply systems because at present lithium batteries are considered relatively expensive and potentially unsafe, with risks including short circuits due to rapid overheating.
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