When we talk about the betterment of the planet and reduction of Global Warming, Clean Energy and ways to produce it are always in the conversation. Energy can neither be created nor destroyed. It transforms from one form to another. We need more ways to make this transformation cleaner and healthier for the environment. Clean Energy fuels and energy sources are necessary for this world to be sustainable.
Clean energy is any renewable energy source, and there is no doubt that renewable energy is crucial for the future of our planet. Not only does it help to protect our environment from further damage, but it also provides a more sustainable and affordable source of energy. Solar, wind, hydro, and geothermal power are all forms of clean energy.
What Renewable Energy Sources to Utilize?
Various green energy companies have been researching cleaner and renewable energy sources. Boron, for instance, is a crucial ingredient in batteries and other storage technologies that will be essential to integrating renewables into the picture.
Boron is a trace mineral in the environment. In the nuclear industry, boron is used as a neutron absorber to regulate nuclear reactions. Silicon wafers doped with boron are used in solar panels to convert sunlight into electrical energy. Composites based on boron are used to create lightweight, more efficient wind turbine blades.
According to the latest invocation of the Defense Production Act in March 2022, the government wants to encourage the mining and preparation of minerals and materials used in high-capacity batteries, such as boron, lithium, graphite, cobalt, and manganese.
What will Boron Extraction do?
FEAM is looking into the possibility of extracting lithium from the integrated boron effluent stream at Fort Cady. The Fort Cady Mineral Resource Estimate’s 214k tonnes of lithium carbonate equivalent may be greatly increased with further development. For the purpose of creating LiBor salts for lithium-ion batteries, lithium can be used in boron-specific applications.
FEAM will look at how to extract the lithium that is remained in the process water after the boric acid has been extracted. The main focus is on boron niche uses, even though this may offer up a new path for ecologically friendly battery production.
Future of Clean Energy Stocks
Looking to the future, it is evident that these energy sources will become more crucial in supplying the world’s energy requirements. Within the next few decades, clean energy sources are expected to overtake other sources of electricity capacity as installation rates continue to rise. The economy and ecology will benefit from this as nations switch from dirty fossil fuels to cleaner, more sustainable energy sources.