What Holds Energy Tech Back? The Infernal Battery
Even one-in-a-million problems with lithium ion batteries can result in many fires because there are billions of them in use now, with dozens sometimes stacked together in a single device.
Experts say lithium ion batteries are more dangerous because their electrolyte, the liquid that allows ions to move between electrodes in the battery, is more flammable than the substance in older type batteries. Those older types include the lead-acid batteries in most cars and the nickel cadmium batteries that are often in video equipment and power tools.
Still, MIT materials science and engineering professor Gerbrand Ceder and others said the safety problems can be fixed.
Change doesn't come often in the battery field.
"The big advances in battery technology happen rarely. It's been more than 200 years and we have maybe five different successful rechargeable batteries," said George Blomgren, a former senior technology researcher at Eveready and now a private battery consultant. "It's frustrating." Alessandro Volta for whom the volt is named invented the first useful battery in 1800. That was long before other breakthrough inventions like the internal combustion engine, telephone, car, airplane, transistor, computer and Internet. But all of those developments have seemed to evolve faster than the simple battery. The lead-acid car battery "has been around for 150 years more or less," Whitacre said. "This is a remarkable testament to first how robust that chemistry is and how difficult change is." Battery experts are split over what's next. Some think the lithium ion battery can be tinkered with to get major efficiency and storage improvements. Amatucci said he thinks we can get two to three times more energy out of future lithium ion batteries, while others said minor chemical changes can do even more. But just as many engineers say the lithium ion battery has run its course.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV