Graphite Growth Markets

Expandable graphite is one of the fastest growing markets along with Li ion batteries. It is the only graphite market to have experienced price increases over the last couple years and is largely based on XL flake material which is the strength of the Bissett Creek deposit.  It involves treating XL flake graphite with a dilute acid solution and heating it to cause the flakes to split apart, expand and increase hundreds of time in volume.

This material is pressed into sheets to create a foil which can be cut into shapes and used in many applications including thermal management in consumer electronics, high end gaskets that are heat and corrosion resistant, fire retardants, smart building products, flow batteries and fuel cells. Fuel cells are already a billion dollar industry with commercial buses, forklift trucks, standby power plants, etc. already in operation. There are commercial fuel cell cars now and many observers expect them to become more popular more quickly than EVs.

Because of the growth in demand, and declining production from Shandong Province, China, there are now shortages of large/XL flake concentrates.  Prices and margins are high and new sources of supply are required.

Expandable Graphite | Asbury Carbons

Expanded Graphite | SGL CARBON

Graphite Insulfoam Introduced – May 2015

A fuel cell is a device that combines a “fuel”, usually hydrogen, with oxygen to generate electricity, with water and heat as its by-product.  A battery is a passive device that stores energy for subsequent use.

Since fuel cells rely on an electrochemical process and not combustion, emissions from fuel cells are significantly lower than emissions from even the cleanest fuel combustion processes. Water and heat are the only by-products. Fuel cells are also much more efficient than combustion engines in converting fuel to energy. Because they have no moving parts, fuel cells are quiet, durable, reliable and long lasting with little maintenance. Fuel cells can be used in both stationary and mobile applications although the latter requires access to a refueling station. For this reason they are most popular in fleet type applications where vehicles return to a central point each day. Use in personal vehicles is expanding as the network of refueling stations expands.

The bi polar plates in Proton Exchange Membrane Fuel Cells, one of the most popular technologies, requires large flake, high purity graphite. Fine grained graphite is also used as additives and fillers but this is a relatively small component of fuel cells. It has been estimated that there is more graphite in a fuel cell vehicle than there is in a electric vehicle.

“Fuel cells have the potential to consume as much graphite as all other uses combined” – United States Geological Survey

The major markets for fuel cells (from fuelcells2000) are:

Transportation:  Daimler and Honda are already leasing fuel cell vehicles and are being followed by other automakers like Toyota. Fuel cell buses operate in daily revenue service in California, Texas, Connecticut, Delaware and London England.

Large Stationary Power: Grocery and Retail Establishments, Hospitals, Data Centres, Government Buildings, Corporate Sites, Wastewater Treatment Plants, Jails, Agricultural and Beverage Processing Facilities, and Breweries are using fuel cells from 100 kW to more than 5 MW in capacity for primary power. Stationary fuel cells can be installed as part of the electric grid and can also provide reliable backup power in the event of a grid failure or blackout. This allows critical functions such as hospitals, refrigerators, telecommunications, etc to continue running.

Most large stationary fuel cell systems are fueled by natural gas, but anaerobic digester gas (ADG), derived from wastewater, manufacturing processes, or from crop or animal waste, is being used more frequently as a feedstock. ADG-powered fuel cells are being used at a number of wastewater treatment plants, as well as at breweries and agricultural processing facilities. This up-and-coming resource is counted as a renewable fuel in several states.

Small Stationary Power: Fuel cell systems are increasingly being used to provide reliable, on-site, long-running primary or backup power for telecommunication towers and sites. The fuel cells are quiet, rugged and durable and generate reliable, long-running power at hard-to-access locations or sites that are subject to harsh or inclement weather. They are typically in the range of 1 to 5 kW. Smaller stationary fuel cells are also ideal for residential and small commercial applications.

Portable Power: Small, portable fuel cell units are being used for battery charging and auxiliary power and lighting in everything from military, surveillance and emergency response applications to personal cell phone charging. Fuel cells can replace batteries or generators, lightening the load carried into the field, and providing uninterrupted power and extended run-times to field computers and critical communications equipment.

Materials Handling: The U.S. is the world leader in fuel cell forklifts with more than 4,000 systems either deployed or on order. Customers include Coca-Cola, Walmart and Sysco. Fuel cell forklifts can lower total logistics costs since they operate longer, require minimal refilling and need less maintenance compared to electric forklifts. Batteries are heavy and provide on average six hours of run time, while fuel cells last more than twice as long (12-14 hours). Warehouses and distribution centres can install their own hydrogen fuelling station in-house and fuel cell forklifts take only one to two minutes to refuel, compared to the half hour or longer it takes to change a battery. This also eliminates the need for battery storage and changing rooms, leaving more warehouse space for products. Another key advantage that fuel cell forklifts have over battery-powered ones, in relation to the grocery and food distribution industry, is the ability to perform in freezing temperatures, making them suitable to refrigeration and freezer operations.

Links:

Fuel Cell

Fuel Cell Overview – Asbury Carbons

Articles

Why Elon Musk is Wrong About Fuel Cells

Soon Fuel Cells Will be Everywhere, Really

Cummins Increases Fuel Cell Investment

Hyundai – Hydrogen Must be Part of the Future

DHL and Street Scooter Present Fuel Cell Van

Audi to Accelerate Fuel Cell Development

Michelin to Form Fuel Cell JV

Chinese City to Build Leading Hydrogen Fuel Base

Mercedes-Benz Fuel Cell

Fuel Cell Industry Financials

Hyundai Outlines Fuel Cell Vision 2030

S. Korea Launches New Company to Lead Construction of Hydrogen Infrastructure

Hyundai-Kia Motors to Mass Produce Hydrogen-powered EVs Next Year

Amid global electric-car buzz, Toyota bullish on hydrogen

Fuel Cell Bus Achieves 25,000 Hours of Operation

California’s Hydrogen Refueling Network Adds Three New Stations

Fuel Cell Buses Achieve 25,000 hours of Operation

Toyota to begin demonstration tests of Mirai fuel cell vehicle in China

Fuel cell firm transformed by Amazon deal

Ballard Fuel Cell Buses Exceed 10 million km of Service

Canadian Fuel Cell Sector on Fire

California Energy Commission releases $17.3M funding opportunity for H2 stations

Japan updates hydrogen fuel cell targets

Mercedes-Benz fuel-cell plug-in hybrid SUV coming in 2017

Ballard Power signs deal for production of fuel cell stacks in China; est. $168M over 5 years

Compare Fuel Cell Vehicles

Next-generation Hyundai hydrogen fuel cells due in 2018

Apple, Home Depot Turn to Bloom Energy Fuel Cells

Honda Begins Sales of All-new Clarity Fuel Cell

Hyundai Tucson Fuel Cell drivers pass million-mile mark

Canadian Fuel Cell Sector On Fire

There are an increasing number of manufacturers and examples of vanadium redox battery installations. Use of these batteries is price sensitive and will increase as costs come down with higher volumes.

Articles:

The vanadium redox flow battery, a leading technology in energy storage

South Australia to Host 200Mwh Flow Battery

California Flips Switch on First Grid Connected Flow Battery

Flow Battery Contracts for Energy Storage in Europe and Asia

Flow Batteries for Critical Energy Storage in Botswana

Venture Capital Funding grows for Flow batteries

Flow batteries gaining traction in energy storage market

Six firms join up to fund ‘groundbreaking’ grid-scale redox flow battery

One of world’s largest’ vanadium redox flow batteries installed in China

Flow Batteries Help Power Off-Grid Villages and Remote Telecom

Imergy’s Vanadium Flow Battery Aims to Compete With Lithium and Lead-Acid at Grid Scale

SunEdison buys 1000 flow batteries for Indian microgrids

Imergy launches low-cost flow battery

A Vanadium Flow Battery Brings Energy Storage to New York City’s MTA

Vanadium Flow Batteries Could Become a Cost Effective Solution for Balancing Texas’ Power Grid

Installation of Japan’s gargantuan 60 MWh flow battery system could begin this autumn

HOKKAIDO Electric to Invest in 60mW/h VRB for grid storage

Vandium Redox Gaining Ground in Energy Storage

Upgrading Vanadium Redox batteries

A Pebble Bed Modular Reactor (“PBMR”) is a small, modular nuclear reactor.  The fuel is uranium embedded in tennis size balls made out of graphite.  PBMRs have a number of advantages over large traditional reactors.  They have much lower capital and operating costs and use an inert gases rather than water as a coolant. Therefore, they do not need the large, complex water cooling systems of conventional reactors and the inert gases do not dissolve and carry contaminants. Second, a PBMR cools naturally when is shut down and this “passive safety” characteristic removes the need for redundant active safety systems.  Also, PBMRs operate at higher temperatures which makes more efficient use of fuel and they can directly heat fluids for low pressure gas turbines.

China has an operating prototype, is finishing the first two commercial units and has plans to build a number more.  China ultimately plans to build up to 300 gigawatts of reactors and PBMRs are a major part of the strategy.  Small, modular reactors are also very attractive to small population centers or large and especially remote industrial applications.  Companies such as Hitachi are currently working on turn key solutions.

It is estimated that each PBMR requires 300 tonnes of graphite at start up and 60-100 tonnes per year to operate.

Links:

Pebble Bed Reactor

Articles:

HTR-PM steam generator passes pressure tests October, 2018

China’s PBMR on track for operation this year January, 2018

Chinese Small Modular Pebble Beds August, 2017

China says it’ll have a meltdown-proof nuclear reactor ready by next year February, 2016

China Could Have a Meltdown-Proof Nuclear Reactor Next Year February, 2016

China set to build world’s first fourth-generation nuclear reactor April, 2015

Construction Progresses on China’s High Temperature Pebble Bed Nuclear Reactor April 9, 2014

Researcher makes Pebble Bed Reactors less of a Black Box April 17, 2013

What to do with 135,000 pebbles: Generate a lot of C02-free safe nuclear power, says South African startup October 12, 2012

Alternative Nuclear Power: Pebble Bed Reactor December 11, 2011

A Radical Kind of Reactor March 24, 2011

The Next Nuclear Plant January 1, 2002