It can’t be denied that lithium is currently the most important element today. In this technologically driven world, the countries with the biggest supply of lithium are at the forefront. Lithium is the main component of battery cells that are to power up in mobile phones and several gadgets. The element is most preferred in battery cell production because of its very efficient storage capability.
With a little more tweaking, it might be possible to use lithium in a much larger-scale. Today, it is the main component of the smart phones, laptops, and tablets. Tomorrow, it can make a sudden turn and be used to power up homes, offices, and even factories. Indeed, lithium plays a very critical role not just today but on the renewable energy of the future.
In 2010 alone, the demand for lithium has reached 102,000 metric tons. In the next ten years, the prediction is that 320,000 tons of the element will be required. Lithium ion batteries can be easily connected to solar panels and even fuel cells. It is the best element to store energy from renewable sources to provide power on demand.
Compared to nickel and lead-based batteries, lithium ion can tolerate incomplete charge and discharge cycles without reducing it storage capacity permanently. These batteries require little to no maintenance and can withstand up to 3,000 charging and discharging cycles. The impressive performance of the battery alone assures less environmental strains, especially when compared to batteries of the other types.
Experts believe that the technology behind lithium ion batteries is the most economical and the most environmentally viable today. It is presently the best storage source of renewable energy and its future is shining so much brighter. When it comes to renewable energy, lithium ion is its perfect partner indeed.