As you can see, most of that is utility scale storage—the light blue.
Now, my job is to find my readers an investment in that theme in which they can potentially make a lot of money.
And I have found one for large scale energy storage—a unique company, but is using a proven technology that is rapidly being adopted around the world. It can store and deploy renewable energy for decades—with no power loss over time—and do it economically.
I can set this up for you very quickly:
When the world needed small energy storage–lithium and cobalt to store energy in cell phones etc—industry found new deposits and new processes to make it all economic.
Junior public companies raced to develop new assets.
And I found some great investments there. In 2016 I focused readers on Lithium X (LIX-TSXv) at 45 cents—and within weeks it was $2.80. In 2017 I focused them on StandardLithium (SLL-TSXv) at 90 cents, and three months later it was $2.75. Also in 2017 I explained how First Cobalt (FCC-TSXv) at 50 cents could be in production quickly…and it tripled in short order. The point here is…my research pays off.
But lithium and cobalt are for small-scale energy storage. Now the world is thinking bigger…how do we seamlessly work in HUGE increases in renewable power into the grid.
And I think the prize for investors is much bigger.
So yes, large-scale, utility-scale energy storage is the next multi-billion dollar problem to solve. And I’m on it.
But what has me really excited is that my research shows the same answer to this issue—storing tens of MegaWatts of power for western utilities—would also work for providingpower to remote locations all over the world.
That makes for a pan-global market. Really, it’s so big that it will likely be filled with a mix of technologies, each with different products.
But I know I have found one of the winners. And as the Market comes to understand how big this story will be, investors will flock to this micro-cap. (If there’s one thing I’m good at in the Markets, it’s sniffing out where A Big Run is about to happen.)
And I think that’s going to be in vanadium, #23 on the periodic table, symbol V. But this Big Run will be a bit different from lithium and cobalt, and I’ll explain why.
In essence, I’m not convinced vanadium miners will get the first wave of institutional investment dollars. And in this young industry—large-scale energy storage–I want to find A Big Winner in the first wave.
Vanadium-based batteries are used for large scale energy storage because they have very different properties than lithium and cobalt.
Vanadium batteries are easy to explain:
1) It’s an incredibly long-life battery with almost limitless recharge-ability compared to lithium-ion batteries—this is what utilities need. A 5-10 year battery life doesn’t work for utilities.