ULTRA LITHIUM INC. — TSX.V-ULT
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Blog - Latest News
battery storage

Battery Storage Systems Replace Gas Plants

July 9, 2019/in In the News/by Gray Leigh

Utility-Scale Battery Storage Systems an Alternative to Coal, Gas

Increasingly, governments and businesses look for ways to reduce emissions. Evidently, utility-scale battery storage systems offer a convincing alternative to traditional energy sources.

READ: American Grid Storage Market to Lead World

Storing power in large lithium-ion batteries, grid storage has taken off. Consequently, the United States considers the technology a viable alternative to coal and gas power plants.

Granted, the technology underlying these systems still needs work. Nevertheless, successful examples of widespread use exist.

Lithium-Ion Batteries Power Communities

battery storageCurrently, the homes of over 2 million Delhi, India residents are powered by a massive battery storage installation.

Ultimately, grid storage applications will allow electricity companies to save big. Consequently, the portability and impressive electricity-storage capabilities are a huge draw.

Extracting power from solar panels, warmer climates have a decided advantage.

 

Clean Energy Push Embraces Battery Storage

battery storageNevertheless, a lot of investment dollars are being pumped into Li-Ion battery R&D. More sophisticated batteries could stretch stored energy further. Evidently, Li-Ion cells will soon require very little sunlight to power entire city grids.

Many industries fixate on battery storage technology. Firstly, the electric car movement hinges on Li-Ion technology. Similarly, most of the world’s electronics rely on the battery to power smartphones and laptops.

Ultimately, utility-scale battery storage applications will soon popularize across the developed world. As governments, automakers and technology companies research Li-Ion batteries, sustainable energy could power entire communities.

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Australian Lithium Mines Multiply

South Korean Lithium Demand Increases

Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

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LATEST NEWS

  • Ultra Lithium Cuts 1.81 Percent Lithium Oxide Over 10 Meters in Channel Samples at the Forgan Lake Lithium Property Northwestern OntarioMarch 3, 2023 - 10:16 am
  • Ultra Lithium Invites Shareholders and Investment Community to Visit Booth #2353 at PDAC 2023 Toronto, March 5-8, 2023March 2, 2023 - 6:00 am
  • Ultra Lithium Assays Up To 417 PPM Lithium in Drill Hole at the Laguna Verde Brine Lithium Project in ArgentinaFebruary 28, 2023 - 4:30 am
  • Ultra Lithium Intersects 2.68 Percent Lithium Oxide at The Forgan Lake Lithium Property in Northern Ontario, CanadaFebruary 8, 2023 - 5:00 am
  • Ultra Lithium Responds to Government of Canada Critical Minerals AnnouncementNovember 4, 2022 - 4:30 am

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Ultra Resources Inc.
1120 – 789 West Pender St.
Vancouver BC V6C 1H2
Canada

Kiki Smith, CPA, CGA
Chief Financial Officer
E: [email address protected by javascript]
T: +1-778-968-1176

Afzaal Pirzada, M.Sc.(Geo), P.Geo.
Vice President, Exploration
E: [email address protected by javascript]
T: +1-778-558-4940

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