Energy
Energy Sources 101: These Short Videos Explain the Basics
If you’ve ever searched online for unbiased and fact-driven articles on energy, you’ve probably noticed that they can be quite rare. Almost every information source seems to be pushing an agenda.
Energy is a touchy subject, and billions of dollars are spent each year to campaign on issues surrounding fossil fuels, renewable energy funding, pipelines, environmental concerns, and fracking.
With so much at stake, special interest groups, governments, and corporations are constantly engaged to “win the war” on information by putting their own spin on facts. This creates a tangled web that is tough to navigate for any inquisitive person.
Energy Sources 101
Well, we have good news – recently, we came across a pretty nifty Youtube channel that is visual, intuitive, and fact-driven. It focuses on providing introductory information on different energy sources.
The Student Energy Movement aims to be a “universal entry point for learning about the energy system” by delivering accurate and unbiased energy information. Here’s some of the videos we thought were worthwhile, highlighting both the pros and cons of different energy sources:
Hydro
Explains how hydro power works, but also touches on pumped hydro (energy storage) and pros/cons.
Nuclear
The difference between fission and fusion, as well as the benefits and drawbacks of nuclear energy.
Oil
Explains how oil is formed, and also how it is processed and transported.
Natural Gas
Explains wet and dry gas, as well as how gas is extracted and processed.
Solar
Discusses both photovoltaic and solar thermal. For more information on how each of those types work, go here and here.
Also, here’s links to additional videos on energy sources such as geothermal, biofuels, coal, wind, and tidal.
Other Energy Topics
But that’s not all – the organization has also produced great videos on topics like fracking, in situ oil sands production, liquefied natural gas, and hydrogen.
Here are those videos in case you want to dive deeper into other energy topics:
Hydraulic Fracturing
Explains how “fracking” works.
In Situ Oil Sands Production
An alternative to mining in the oil sands, this video show how in situ production works.
Liquefied Natural Gas
This video shows how natural gas is liquefied, and transported to other markets.
Hydrogen
Examines the potential of hydrogen, along with the issues surrounding it. Also explains how fuel cells work.
Energy
Charted: 4 Reasons Why Lithium Could Be the Next Gold Rush
Visual Capitalist has partnered with EnergyX to show why drops in prices and growing demand may make now the right time to invest in lithium.
4 Reasons Why You Should Invest in Lithium
Lithium’s importance in powering EVs makes it a linchpin of the clean energy transition and one of the world’s most precious minerals.
In this graphic, Visual Capitalist partnered with EnergyX to explore why now may be the time to invest in lithium.
1. Lithium Prices Have Dropped
One of the most critical aspects of evaluating an investment is ensuring that the asset’s value is higher than its price would indicate. Lithium is integral to powering EVs, and, prices have fallen fast over the last year:
| Date | LiOH·H₂O* | Li₂CO₃** |
|---|---|---|
| Feb 2023 | $76 | $71 |
| March 2023 | $71 | $61 |
| Apr 2023 | $43 | $33 |
| May 2023 | $43 | $33 |
| June 2023 | $47 | $45 |
| July 2023 | $44 | $40 |
| Aug 2023 | $35 | $35 |
| Sept 2023 | $28 | $27 |
| Oct 2023 | $24 | $23 |
| Nov 2023 | $21 | $21 |
| Dec 2023 | $17 | $16 |
| Jan 2024 | $14 | $15 |
| Feb 2024 | $13 | $14 |
Note: Monthly spot prices were taken as close to the 14th of each month as possible.
*Lithium hydroxide monohydrate MB-LI-0033
**Lithium carbonate MB-LI-0029
2. Lithium-Ion Battery Prices Are Also Falling
The drop in lithium prices is just one reason to invest in the metal. Increasing economies of scale, coupled with low commodity prices, have caused the cost of lithium-ion batteries to drop significantly as well.
In fact, BNEF reports that between 2013 and 2023, the price of a Li-ion battery dropped by 82%.
| Year | Price per KWh |
|---|---|
| 2023 | $139 |
| 2022 | $161 |
| 2021 | $150 |
| 2020 | $160 |
| 2019 | $183 |
| 2018 | $211 |
| 2017 | $258 |
| 2016 | $345 |
| 2015 | $448 |
| 2014 | $692 |
| 2013 | $780 |
3. EV Adoption is Sustainable
One of the best reasons to invest in lithium is that EVs, one of the main drivers behind the demand for lithium, have reached a price point similar to that of traditional vehicle.
According to the Kelly Blue Book, Tesla’s average transaction price dropped by 25% between 2022 and 2023, bringing it in line with many other major manufacturers and showing that EVs are a realistic transport option from a consumer price perspective.
| Manufacturer | September 2022 | September 2023 |
|---|---|---|
| BMW | $69,000 | $72,000 |
| Ford | $54,000 | $56,000 |
| Volkswagon | $54,000 | $56,000 |
| General Motors | $52,000 | $53,000 |
| Tesla | $68,000 | $51,000 |
4. Electricity Demand in Transport is Growing
As EVs become an accessible transport option, there’s an investment opportunity in lithium. But possibly the best reason to invest in lithium is that the IEA reports global demand for the electricity in transport could grow dramatically by 2030:
| Transport Type | 2022 | 2025 | 2030 |
|---|---|---|---|
| Buses 🚌 | 23,000 GWh | 50,000 GWh | 130,000 GWh |
| Cars 🚙 | 65,000 GWh | 200,000 GWh | 570,000 GWh |
| Trucks 🛻 | 4,000 GWh | 15,000 GWh | 94,000 GWh |
| Vans 🚐 | 6,000 GWh | 16,000 GWh | 72,000 GWh |
The Lithium Investment Opportunity
Lithium presents a potentially classic investment opportunity. Lithium and battery prices have dropped significantly, and recently, EVs have reached a price point similar to other vehicles. By 2030, the demand for clean energy, especially in transport, will grow dramatically.
With prices dropping and demand skyrocketing, now is the time to invest in lithium.
EnergyX is poised to exploit lithium demand with cutting-edge lithium extraction technology capable of extracting 300% more lithium than current processes.
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