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Senin, 29 Oktober 2012

Critical Elements, Vanadium and the Coming Green Revolution in Electricity Storage and Retrieval - TMCnet's Smart Grid eNews

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10/29/2012

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October 29, 2012

Critical Elements, Vanadium and the Coming Green Revolution in Electricity Storage and Retrieval

Things like climate change, eco-sustainability, reduction of carbon footprints and even the value of smart grids have unfortunately been part of the U.S. presidential election discussion. Given the importance of being good stewards of the earth’s resources—and the significance of not having to spend billions on new generating capacity based on fossil fuels because of ability to fully exploit the capabilities of renewable sources and store and then release their capacity when needed as a means to confront exploding electricity demand globally and the need to be Green—this is unfortunate. 

However, out of sight is certainly not out of mind. In fact, as a result of a recent interview I had with Ron MacDonald, Chairman and CEO of Critical Elements Corporation and Executive Chairman of American Vanadium Corporation, I came away convinced we are at a major tipping point in the development of battery technology that is based on the use of highly pure forms of the rare minerals lithium and vanadium. These are poised to be game changers.


I usually don’t provide longish bios but this case deserves and exception since MacDonald knows from whence he speaks. A former member of the Canadian Parliament, he has been a corporate executive in the lumber industry, a natural resource consultancy, and a member to the OECD Committee which developed international guidelines concerning the use of conflict minerals. He also participated on the 'Electronic Industry Citizenship Coalition' committee developing guidelines for their global tantalum smelter verification program and has also been a contributor to the EU Commission 'Framework 7' policy paper on ‘Scarcity of Strategic Minerals... Read More



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