Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Saturday, July 23, 2011

Oversupply of Lithium-Ion Batteries: A Rebuttal

Posted: 23 Jul 2011 12:57 AM PDT
The need for heavy vehicle electrification (i.e., for adding large numbers of EV’s and heavy PHEV’s to the national vehicle fleet) is driven by the need for fuel diversity, not fuel economy. Fuel economy and fuel diversity are different and not necessarily related concepts. Reducing total petroleum usage is an economic objective driven by concerns about the impact of high energy prices on the U.S. economy and the transfer of wealth to overseas producers. Reducing petroleum dependence of the U.S. vehicle fleet by diversifying its sources of fuel is a strategic objective driven by the need to protect the country against a catastrophic Oil Shock event and to reduce the huge political, economic and strategic costs that the United States pays on an ongoing basis to guard against it.

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