Energy Exploration Technologies has a mission to become a worldwide leader in the global transition to sustainable energy. Founded in 2017, the company is fundamentally changing the way humanity is powering our world and storing clean energy with breakthrough lithium-ion technology and energy storage solutions.
A GLOBAL THREAT
With global warming on the rise and areas of the environment in a current state of crisis, there is a high demand for innovation in the energy materials sector. The US Government has placed lithium at the top of the List of Critical Minerals 2018, and it is a high priority for the Department of Defense and Department of Energy.
Over the past several thousand years, scientists calculated that the earth’s natural carbon emissions system (volcanoes) has emitted approximately 650 million tons of CO₂ per year on average. This is a combination of highly active volcanoes, seeping dormant volcanoes, and volcanic mid-ocean ridges. Last year, humans emitted 29 billion tons of CO₂ into our atmosphere.
Developing clean and renewable energy solutions is critical to avert the current rapid deterioration of our precious atmosphere.
For every single (1) ton of lithium utilized, the following CO₂ emissions are eliminated. EnergyX has done calculations according to the Environmental Protection Agency (EPA) standard emission averages.
The Energy Transition
Right now, we are witnessing a global shift to sustainable energy. Sustainable energy is defined as generated from sources that are naturally replenishing or inexhaustible, but are limited in availability due to time. For example, sunlight is a renewable energy source, but we only get a certain number of hours of sunlight in a day. While we can count on the sun rising every day, unfortunately this energy can’t be used during the night without storage. The same goes for energy created by wind, a natural renewable source. If there is no wind at a given time, no energy is being generated from that source.
Fossil fuels (oil, gas, and coal) are not renewable or sustainable energy resources; they are limited with the amount in the ground. Also the energy generated from fossil fuels is created by combustion or burning of the material creating CO₂ emissions harmful to our atmosphere. We are in the midst of a global energy transition away from fossil fuels towards renewable energy sources that will curb the devastating effects of global warming and climate change from CO₂ emissions.
Growing Storage Need
In the next 10 years, lithium will become one of the most highly demanded natural resources in the world. It will replace fossil fuels as the leading renewable energy storage source, paving a path forward to a sustainable future. Right now, batteries are the bottleneck to store renewable solar and wind energy, which do not operate when the sun is down or days with low wind.
Lithium In Everyday Items
Lithium-ion batteries are currently in every cell phone, laptop, tablet, and power tool. Now we are starting to see a massive amount of lithium batteries put towards electric vehicles. Goldman Sachs estimates that a Tesla Model S with a 70kWh battery uses 63 kilograms of lithium carbonate equivalent (LCE) – more than the amount of lithium in 10,000 cell phones. Large grid scale storage and home battery storage are becoming popular uses of lithium as well..
Electric Cars in the World
Further, for every 1% increase in battery electric vehicle (BEV) market penetration, there is an increase in lithium demand by around 70,000 tonnes LCE/year. The increase in Electric Vehicles is exponentially increasing up to X by 2030, Y by 2040, and Z by 2050 per year.
COMPLETE RENEWABLE SYSTEM
Our patented LiTAS™ technology is an unparalleled, highly scalable, nanotechnology capable of rapid ion transport and specific selection of any ion in an aqueous mixture. The first-of-its-kind membrane filtering technology acts as a size sieve and accelerates the lithium extraction process. This method makes lithium production more affordable and orders of magnitude more efficient than the antiquated brine
and hard rock extraction approaches of the past.
LiTAS™ tech is the synthesis and characterization of mixed matrix membranes (MMMs) comprising mixtures of polymer and MOF to retain the attractive selectivity of the MOF and the scalable and robust mechanical properties of polymers. EnergyX has designed and patented a proprietary scalable casting method to combine our metal organic framework nanoparticles with the polymers to create the mixed matrix membranes in a thin film format.