Let's hear the data or is it only for the wealthy??? Coal is probably dead in the US. However, China, India and North Korea(I believe) are going full blast with coal.
One company is working on making batteries more efficient. They ran experiments prior to getting additional funding. So, they aren't real life examples, and even those results were off the charts. They are basically going to take a battery that is currently the size of a large beer can and reduce it to the size of a backgammon piece and make it more environmentally friendly while doing it. That way you can attach it to damn near anything. These batteries will be 10x smaller, last 20x longer and store the electricity for 5x longer. In addition, its not a lithium-ion battery. So, you don't have to worry about how to get rid of a brick of lithium, which is bad for the environment, when its dead after 5-10 years.
Company was valued at $5M, and is now going for a Series B at an eval of $100M. No government subsidies necessary. The idea that the coal industry doesn't get subsidies as well is silly. The valuations of these companies and the shareholder value they are going to provide will be an order of magnitude more than a coal company...many of which are loaded up w/ debt. A similar company just went public via a SPAC and is now valued at $10B. You get some scientists to work on this in WV instead of how to bring coal back, and then you'll have some real money in the state to buy WVU a national championship.
Here is a snapshot of the tech:
In April, the technical team prepared and successfully tested a
basic Phytocapacitor device (comprised of a single pair of Phytocapacitor electrodes) infused with a solid
polymer electrolyte material for enhanced electrical conductivity into/out from the electrodes. The test by
an independent battery-testing lab showed high performance characteristics for the device, despite it being
assembled by hand and loosely enclosed in a pouch (rather than tightly machine-packed in a hermetically-
sealed cannister for optimal electrical connectivity/conductivity between the components). For example:
• The single pair of Phytocapacitor wafers – similar in size/dimension to a stacked pair of backgammon
discs – achieved 55% higher voltage than an industry-leading supercapacitor the size of a large (“oil
can”) beer can.
• After 3,000 charge/discharge cycles (the lifespan of a typical lithium-ion battery), the crude device
showed only 25% capacity degradation, already much better than typical lithium-ion batteries, such that
a properly-configured and commercially-assembled Phytocapacitor product should achieve less than
10% capacity degradation at that charge/discharge-cycle milestone and should continue to perform
effectively for thousands of charge/discharge cycles beyond the usable life of lithium-ion batteries.