Western Standard - Advanced Engineering Inflammable Battery Power

00:00:00.080 you are developing a non-flammable battery that's right for electric vehicles it's for

00:00:06.640 across the board applications so first product actually targeted at stationary storage

00:00:12.080 target could be used at data centers it could be used at industrial applications like chemical

00:00:17.360 plants steel plants electric vehicle actually is not part of the first application okay

00:00:23.360 uh it's uh second gen the next generation will be for shipping and also for electric vehicles

00:00:30.800 this could be used in mining as well so um cryptocurrency mining as well uh actually

00:00:38.080 cryptocurrency requires electricity which is generally not renewable so our we basically

00:00:43.760 make batteries that's made of inherently non-flammable materials okay and that's a key

00:00:49.440 thing and it's uh there's no lithium there's no cobalt no toxicity supply chains are broad based

00:00:56.560 and it's also good performance and also provides a wide duration energy storage for example if people

00:01:04.800 want to they're going out exploring oil and gas in case of alberta they don't need to carry the diesel

00:01:12.160 trucks with them they can go with this kind of battery because if you put lithium batteries next

00:01:18.320 to oil and gas exploration the risk of fire and claimability is massive so yeah lithium batteries

00:01:24.800 are notorious there recently was a fire at uh near san diego you might have followed it uh it was a

00:01:31.200 warehouse full of lithium batteries and uh when the fire happened the emergency personnel couldn't go

00:01:37.920 inside place surrounding it was evacuated hydrogen cyanide was discovered in the air and more than 15

00:01:45.360 million gallons of water was poured into 15 million just so it doesn't explode and there's a story after

00:01:51.840 story about lithium batteries it's well known that once they go beyond a certain amount of concentration

00:01:57.920 like what happens in electric vehicles or what happens with uh which is like you know 50 60 80 kilowatt

00:02:04.400 hour but by the time you put 500 kilowatt hour or five megawatt hour or 500 megawatt hour i mean

00:02:11.280 these are bombs waiting to happen so that's so you're going to be speaking um i'm assuming at the

00:02:18.960 technical conference uh yeah at 4 p.m today okay so what exactly is the talk the talk is about this

00:02:26.320 yes uh yes exactly the inherent non-flammability of batteries is critical so what's happening is that

00:02:33.120 if you look at lithium batteries they're widely used and there's a place for them in electric vehicles

00:02:38.240 but if you want to deploy them at uh let's say at data centers you couldn't do that i mean i heard

00:02:44.880 minister uh brian gene was talking about data centers coming over here in alberta right well those data

00:02:51.920 centers either will need diesel to run the backup right or they need renewable energy which means if we

00:02:58.880 get a solar for example or wind then you got to back it up with the uh with the batteries yes and you

00:03:06.480 cannot one cannot do co-locate uh lithium batteries next to data center because if they blow up

00:03:13.680 all data center goes out there's all your data exactly so that's a that's a huge issue it happened

00:03:18.720 in south korea by the way a major fire happened and all the major applications shut down

00:03:25.600 so that's a huge issue especially these days with the cloud computing is a big deal

00:03:30.480 so so that's why data centers are very sensitive uh i mean just in fact uh one of the investors we

00:03:38.880 have a strategic investor uh tata they also own a lot of data centers and this is certainly attractive

00:03:44.960 to anybody with data center to a non-flammable battery so for data centers lithium cannot be used as i was

00:03:52.240 mentioning uh chemical plants absolutely don't want it um you know same thing with the metal processing

00:03:59.600 plants same thing actually at airports for example car rental companies and they are leasing a lot of evs

00:04:06.480 but how do you charge them if you put that many batteries at the airport there's a risk of fire is

00:04:11.680 very high ports are by the way the same situation so there are far more applications of non

00:04:18.960 non-inherently non-flammable battery than there are for the flammable batteries like lithium and

00:04:26.880 they have their own place but different applications but and uh for those who don't know taca is the

00:04:33.680 state oil company of is it united arab immigrants no no tata is in india tata group of companies right so

00:04:40.080 they own data centers they own um tata steel they own tata motors that owns jlr jaguar land rover

00:04:47.680 a global company 110 billion in sales so they invested in us recently in the non-flammable

00:04:54.640 battery arena as well in addition to that we have thrive capital we have general catalyst uh we have

00:05:01.840 tom west here uh invested in us so we are well-funded company out of boston and uh one of our co-founders

00:05:09.760 is professor at mit and our product uh is we are a product has been tested by a customer in our

00:05:17.600 labs and now we'll be putting it out as samples in the field in january this year wow excellent

00:05:24.240 and so what brings you to calvary well it's a it's an exciting show energy show right a lot of people

00:05:29.360 you get to meet and also there is a very nice application for oil and gas so for example um

00:05:36.720 you know everybody needs carbon credits and everybody has good intention of minimizing their mission

00:05:42.160 so in during the exploration phase or even in during the extraction phase when there's no grid

00:05:47.840 connectivity uh one could use this kind of a battery and backup and if the grid connectivity is coming

00:05:54.800 from fossil fuels then there's an alternative available as well so there are more carbon credits so we are

00:06:02.480 seeing similar set of applications in middle east as well where people are saying as as much as they can

00:06:08.640 deploy renewable energy which is intermittent by nature unless it's coupled with energy storage

00:06:15.840 then that gives them that many more carbon credits right so that's an advantage were you aware of some

00:06:22.000 of the issues that we've had in elberta with the power green reliability and especially in some of these

00:06:26.640 more remote uh areas where the oil and gas infrastructure is i had some inclination given that i actually was

00:06:34.160 speaking at uh fii seven that there wasn't desert conference in south arabia so they were talking

00:06:40.000 about some of the issues but the in the oil and gas industry that's common across because you're going

00:06:45.040 out in the field and doing things in arenas where there's no power and uh diesel trucks have to go in

00:06:51.040 and all those things so this becomes a lot easier and a lot less flammable so even the oil discovery process

00:06:59.280 also becomes a lot more green right a gas discovery process exploration exploration so that's certainly

00:07:05.920 one application data centers i did not know about i realized after coming here that alberta could be a

00:07:11.520 great place actually because the demand on ai because of ai is going like crazy just as a data point i heard at

00:07:20.000 abundance 360 conference just in april of march this year i think it was elan musk who was talking about it

00:07:27.840 or maybe it was eric schmidt i forget which of the two then last six months the total deployment of

00:07:33.200 hardware at data centers has gone up by a factor of 10 10. and in next six months the same 10 again

00:07:39.760 which means in one year data centers energy demand would have gone up by a factor of 100.

00:07:45.520 i saw recently an article that in georgia atlanta area of the total demand they expect power utility

00:07:53.120 expected to go up by like 16x with a lot of data centers are going in southern part of the country

00:07:59.280 in the united states uh because power is cheap right much cheaper than it's in boston or california

00:08:04.800 or in new york so alberta could be another place right with a low cost power and a lot of natural

00:08:11.360 resources when we power one could actually attract those but that's a huge issue the utilities it's very

00:08:18.240 difficult for them to double up the capacity or triple just in a span of two or three or four years

00:08:25.200 right so any place where there's a space there's a ability to take advantage of solar or wind

00:08:31.760 couple them with the battery it's a low cost power and and definitely a stable power that could attract

00:08:40.320 and it's also mostly independent of uh inclement weather right when the grid goes down and other

00:08:47.120 things happen uh in fact in florida for example when ian and other storms were coming in the buildings

00:08:54.560 that actually had the micro grids with the energy storage couple were the only ones who had the power

00:09:01.840 and data centers will definitely need 24 7 guaranteed backup wow so this could be pretty

00:09:08.400 good application for albertas i'm glad i came to this conference excellent well thank you very much and

00:09:14.000 and good luck with your presentation and i hope it goes well thank you thank you so much enjoyed it

Western Standard - June 13, 2024

Advanced Engineering Inflammable Battery Power

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