Tuesday, January 24, 2012

Lithium Jolt: IDC Energy Insights Forecasts Lithium-Ion Battery Production to Grow Nearly 400% Worldwide ilc, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax



  We have a very bullish report on Lithium battery production growth from IDC Energy. Despite of all negative press lately, hybrids and full electric cars are taking off and energy storage solutions for the smart grid are only at the very beginning of the fields trials. Cost of the lithium batteries will be the crucial factor and this reports confirms that the mass volume production of Lithium batteries brings the cost down very fast.
  Japanese, Korean and Chinese companies are taking positions in Lithium Developers in order to secure supply for this growth in lithium batteries production. The sector was under pressure with all junior miners in Canada last year and, hopefully, fundamentals will make its way into the proper assets valuations of this companies this year.

Lithium Drive: Test Drive: The Fisker Karma

"Fisker Karma is making rounds on the road and in mass media. Not everything is smooth, but it was never  supposed to be - it is the game changing and this technology is evolving as we speak now. Tesla Model S will bring another beauty - All Electric One - to the green mobility conversation this year. Nissan has sold now 10,000 Leafs in US and more than 20,000 world wide. We will see all sceptics in a few years time with gas north of 5 dollars!

  Project Nina from Fisker will open another opportunity for the mass market of Electric cars. GM Volt with Ampera in Europe will be taking their share of the market. Renault ZE promise the most affordable electric cars now with lithium battery lease - things are moving fast and Energy Secretary Steven Chu predictions about the price for the lithium batteries going down by 70% in 2015 will make this electric revolution happening for Real.

  While you are dreaming about Green High End luxury cars, other people are dreaming about the business opportunity this energy transition provides to our generation."



IDC Energy:


IDC Energy Insights Forecasts Lithium-Ion Battery Production to Grow Nearly 400% Worldwide

Global Demand for Li-Ion Batteries Expected to Grow 447%


FRAMINGHAM, Mass., Jan 23, 2012 (BUSINESS WIRE) -- IDC Energy Insights announced today the availability of a new report, Business Strategy: Lithium Ion Manufacturing Global Buildout - Supply and Demand Forecasts (Document # EI232266), that quantifies expected explosive global growth in manufacturing capacity of Lithium ion (Li-ion) batteries of approximately 390% from 6,689MWh in 2011 to 26,149MWh in 2015.

This increase in manufacturing capacity is driven by an expected dramatic increase in global demand, especially with respect to batteries for plug-in electric vehicles and for stationary storage.

-- IDC Energy Insights forecasts global manufacturers of plug-in electric vehicles will require more than seven times their current level of production in 2011, rising to 17,331 MWh by 2015. North America will lead the demand in the coming year; however, Asia will quickly eclipse North America in demand.

-- IDC Energy Insights forecasts that if Li-ion costs fall as expected, global stationary storage Li-ion demand on the electric grid will increase from 2011 by over 17 times to 640 MWh in 2015.

In total, IDC Energy Insights forecasts global growth in demand of Li-ion batteries of 447% from 5,411 MWh in 2011 to 24,191 MWh in 2015.

To meet this expected demand, manufacturers throughout the world are engaging in one of the largest factory build-outs in world history. It is led by a combination of existing battery giants, such as Panasonic in Japan, Samsung SDI in South Korea, and Johnson Controls in the United States, as well as emerging players, such as A123 Systems in the United States, Electrovaya in Canada, and BYD in China. In the United States, there is a thriving Li-ion manufacturing industry reignited by the American Recovery and Reinvestment Act, which provided 50% matching grants to Li-ion manufacturing facilities. However, the vast majority of Li-ion production will occur in Japan, South Korea, and China, whose governments have identified the Li-ion industry as a vital national interest and have initiated significant subsidies to help build new factories.

Li-ion batteries are the preferred battery type in a number of applications ranging from plug-in electric vehicles to computers to power tools, based on their flexibility, durability, energy density, and power capabilities. Historically, the one challenge that has delayed adoption has been price: they are significantly more expensive today than other battery types. However, the enormous increase in production capacity will generate economies of scale, causing Li-ion battery prices to decrease significantly.

"As prices for Li-ion cells come down, more applications will become eligible for their use, creating a self-feeding cycle that will lead to lower prices and more widespread adoption," explained Sam Jaffe, research manager for IDC Energy Insights and one of the authors of the report. "Demand and supply will be in rough equilibrium for at least the next three years, allowing manufacturers to reach high levels of production capacity and leading to even lower price points."

The IDC Energy Insights report quantifies the sources of demand for Li-ion batteries, including a quantification of the build-out by region and by chemistry type, and a demand forecast by region and by usage type. The report is best used by consumers (automotive OEMs, electric utility executives, etc.) and producers of these batteries to help with strategic planning over the next five years.

For additional information, or to arrange a one-on-one briefing with Sam Jaffe, please contact Sarah Murray at 781-378-2674 or sarahbethmurray@gmail.com. Reports are available to qualified members of the media. For information on purchasing reports, contact info@idc-ei.com.

About IDC Energy Insights

IDC Energy Insights assists energy businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the utility and oil and gas industries. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world's leading technology, media, research, and events company. For more information, please visit www.idc-ei.com , email info@idc-ei.com, or call 508-935-4400. Visit the IDC Energy Insights Community at http://idc-insights-community.com/energy .

SOURCE: IDC Energy Insights"
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