Lithium economy
Encyclopedia
The lithium economy is a concept analogous to the hydrogen economy
Hydrogen economy
The hydrogen economy is a proposed system of delivering energy using hydrogen. The term hydrogen economy was coined by John Bockris during a talk he gave in 1970 at General Motors Technical Center....

, methanol economy
Methanol economy
The methanol economy is a suggested future economy in which methanol replaces fossil fuels as a means of energy storage, ground transportation fuel, and raw material for synthetic hydrocarbons and their products. It offers an alternative to the proposed hydrogen economy or ethanol economy.In the...

, ethanol economy, electron economy, vegetable oil economy
Vegetable oil economy
Vegetable oil economy deals with the potential of vegetable oil to replace fossil fuels in the economy and how it compares to other potential replacements, including renewable electricity. Vegetable oils are the basis of biodiesel, which can be used like conventional diesel...

, or liquid nitrogen economy but where the energy vector is lithium
Lithium
Lithium is a soft, silver-white metal that belongs to the alkali metal group of chemical elements. It is represented by the symbol Li, and it has the atomic number 3. Under standard conditions it is the lightest metal and the least dense solid element. Like all alkali metals, lithium is highly...

. Analogous "economies" are the "aluminium economy" where the energy vector (fuel) is aluminium (typically aluminium-gallium).

The hydrogen economy as a low-carbon solution to land transport has problems in generation, distribution (infrastructure), on-board storage and cost of power converter (fuel cell
Fuel cell
A fuel cell is a device that converts the chemical energy from a fuel into electricity through a chemical reaction with oxygen or another oxidizing agent. Hydrogen is the most common fuel, but hydrocarbons such as natural gas and alcohols like methanol are sometimes used...

). The lithium economy has analogous problems in all four areas, but considered separately, the routes to their solution have different absolute limits and different timescales for their solutions.

The lithium economy concept is used primarily as a political argument to prevent over-domination of the post-carbon energy future by oil companies; and as a post-carbon economy on which action can be taken now instead of deferred to some future date (see FreedomCAR
FreedomCAR
The FreedomCAR and Vehicle Technologies is a U.S. national Office of Energy Efficiency and Renewable Energy program developing more energy efficient and environmentally friendly highway transportation technologies that will enable the U.S to use less petroleum...

 project).

The lithium economy differs from the other proposed future fuel economies in that the transition roadmap begins with conventional rechargeable batteries using conventional Li-ion
Lithium ion battery
A lithium-ion battery is a family of rechargeable battery types in which lithium ions move from the negative electrode to the positive electrode during discharge, and back when charging. Chemistry, performance, cost, and safety characteristics vary across LIB types...

 or Lithium polymer cell
Lithium ion polymer battery
Lithium-ion polymer batteries, polymer lithium ion, or more commonly lithium polymer batteries are rechargeable batteries...

 batteries and progressing to chemistries (such as Li-S
Lithium sulfur battery
The lithium–sulfur battery is a rechargeable galvanic cell with a very high energy density. By virtue of the low atomic weight of lithium and moderate weight of sulfur, Li–S batteries are relatively light; about the density of water. They were demonstrated on the longest and highest-altitude...

 and Li-iron-phosphate
Lithium iron phosphate battery
The lithium iron phosphate battery, also called LFP battery, is a type of rechargeable battery, specifically a lithium-ion battery, which uses LiFePO4 as a cathode material.-History:...

) and cell types with higher energy densities. Eventually, anode replacement Li-air or Li-water cells are envisaged where only anodes (lithium metal) are replaced.

The energy is stored in unoxidised lithium atoms, which release energy when oxidised. A lithium atom is seven times as heavy as a hydrogen atom, and at room temperature, hydrogen is a gas, while lithium is solid. This means energy per mass is much worse, but since lithium is much more compact , it has more energy per volume. In fact, storing hydrogen requires so much ancillary equipment or material that lithium is also competitive in energy per mass when the whole system is considered.

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