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The Ultimate "Energy Bank Account" Is Here

Written by Alex Koyfman
Posted September 22, 2022

Dear Reader,

You hear a lot of talk these days about renewables, the "green revolution," the death of fossil fuels, etc.

All of this is aimed at lowering the planet's carbon footprint, which would, according to today's prevailing scientific theory, stabilize the Earth's climate and allow for conditions to remain hospitable to human life. 

Applying a fifth-grader's understanding of science, the drive for carbon neutrality seems to check out, and even when you raise the bar to a graduate student's level of understanding, the idea of pumping fewer pollutants into the finite bubble of gas known as the atmosphere sounds like a fairly reasonable course of action.

There is, however, a problem with the concept as a whole.

Fossil fuels, for all their smoke and carbon dioxide, hold one benefit over renewables that cannot be defeated by any simple means.

A Gas Tank for Electrons?

Oil and gas are their own storage mediums. When you don't need the flow of electrons, you let the oil or gas sit around in their storage facilities until you do. When you need the flow of electrons again, you introduce a spark, light a fire, and cause a wheel turn and electrons are once again flowing.

With renewables, however, this is not an option. That wheel whose rotational energy turns a generator to produce a flow of electrons, for lack of a better term, turns on its own schedule. 

The sun is out for only a set period of time during the day. The wind sometimes blows, and sometimes it doesn't. There is no "on/off" switch that we can toggle when we need more or less current to be produced, which means that we need to produce as much current as we can and then somehow store that energy so we can switch it on and off as demand dictates.

If the solution sounds like a battery, that's because it is a battery. A very big, very expensive battery.

That may seem like an afterthought, but it's actually one of the critical problems with switching our entire civilization to renewable power.

There Aren't Enough AA Batteries in the World

A recent report by the National Renewable Energy Laboratory estimates that the U.S. would have to increase its energy storage capacity by a factor of five if we are to achieve midcentury renewable energy goals.

That's more storage capacity than exists in the world today, and if we rely solely on today's go-to medium for power storage, lithium-ion batteries, every other industry already dependent on lithium would face crippling price hikes in the best-case scenario.

These price hikes are themselves only a hypothetical problem, as lithium batteries are already too expensive and the lithium supply itself is insufficient to make their universal usage as power storage systems feasible...

Which means the reality is even more bleak.

A realistic scenario would involve political turmoil with lithium-wealthy nations — China being the biggest and wealthiest of that bunch — and most likely a world war. 

World War III, as you may have surmised by now, is not the best way to go to save the environment, so another solution has to emerge, and fast.

The Workaround Powered by a Basic Force of Nature

Right now, a California-based company has come up with a solution so different yet so simple that it may just sidestep all the problems plaguing large-scale implementation of renewable energy.

Instead of using a chemical battery to store power, this company is using a far simpler, more elegant concept: gravity.

Here's how it works...

When a power source, be it a wind turbine or a solar farm, produces energy (electricity), that energy is immediately sent to an electric motor, which then winches a concrete block weighing several dozen tons high into the air.

 

That block is stacked on a metallic shelf and remains there. Electricity has now been transformed into potential energy. 

A mechanical battery, so to speak, has been charged.

When electricity is required, that same block is removed from the shelf, and lowered back down to the ground by a steel cable. As the block is lowered, it turns the very same electric motor that raised it, sending current in the opposite direction and into the power grid where it's needed.

No lithium-ion batteries that can burn or explode. No complicated supply chain issues. No haggling with the Chinese. No depriving the auto or consumer tech industry of lifeblood.

Universally Available, No Exotic Materials Required

Gravity, thanks to the mass of the Earth, is universally available everywhere, so the only resources necessary for the building of such "batteries" are concrete and steel, and both of those can be substituted based on need and convenience.

Now, I know this may sound almost too simple to work, but that's the very beauty of the system.

This "Newton Battery," as it's been nicknamed, boasts 80%–90% efficiency, meaning that at least 80% of the electrons you invest in raising that block will be returned to you during the descent.

Compare that to 90% efficiency from current lithium technology and the argument becomes about as simple as the technology itself.

The company behind this innovation is still relatively small (a market cap of less than half a billion dollars), but the market it's addressing is one that can be measured in the trillions of dollars — a figure that will only increase as we move toward the end of the decade.

Why Is This Still a Secret?

Despite its potential importance to all industries and all consumers, it's still a relative no-name as far as retail investing goes, which makes today's share price a drop in the bucket compared with its long-term potential.

Long-term potential is precisely what my colleague Jason Williams specializes in.

When he first discovered this company, his readers were among the privileged few who knew of its existence.

Today, it's my pleasure to introduce the concept to you, the Wealth Daily readership.

There is, of course, a lot more to know and understand about the technology and the market driving it, but we've got an answer for that as well.

Jason's recent video will give you all the crucial information, from the technology to the stock itself, and allow you to make your own decisions.

Enter here for immediate access.

Fortune favors the bold,

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Alex Koyfman

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His flagship service, Microcap Insider, provides market-beating insights into some of the fastest moving, highest profit-potential companies available for public trading on the U.S. and Canadian exchanges. With more than 5 years of track record to back it up, Microcap Insider is the choice for the growth-minded investor. Alex contributes his thoughts and insights regularly to Wealth Daily. To learn more about Alex, click here.

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