| $5 of electricity is a near meaningless metric. The real question is how many kWh does the process require to get the 1kg of Lithium? Electricity prices vary widely, so I don't understand why they would use dollar figures, especially on an engineering site. If we know how many kWh of electricity is used to get the Lithium, then we can compare that to how much energy the Lithium would be able to store and release over it's usable life.
Some rough numbers in my head, the total weight of Lithium in the average 18650 battery is probably 25 grams (the other components being other metals like Cobalt). This means that the 1kg of Lithium would be able to make about 40 or so 18650 batteries. The average 18650 battery has an average watt hour capacity of 11 (a good one). So with 40 batteries you have 440wh of storage. The average lifespan of the batteries would be about 1000 cycles... so 440kWh of capacity over the lifetime of the battery. I will assume that the electricity rate they use for the $5 figure is a very cheap $0.10/kWh. Meaning that it would require 50kWh in the extraction process alone to extract enough lithium capable of storing 440kw over it's usable life. I have no idea if this is a good return or not compared to how much energy is spent mining lithium. |
https://pubs.rsc.org/en/content/articlelanding/2021/EE/D1EE0...
"Based on these data, we estimated the total electricity required to enrich 1 kg lithium from seawater to 9000 ppm in five stages to be 76.34 kW h. Simultaneously, 0.87 kg H2 and 31.12 kg Cl2 were collected from the cathode and the anode, respectively. Taking the US electricity price of US$ 0.065 per kW h into consideration, the total electricity cost for this process is approximately US$ 5.0."
So, the electricity usage is even higher than you estimated, with an even lower cost per kWh. But that said, there are places in the US that have even cheaper electricity (especially if you're looking at industrial rates).