Eagle Eye Power Solutions

Did You Know? June 2022

Did you know the lead battery industry, having long been considered a risk due to exposing children to lead, especially in developing countries, is doing something to counter that argument? According to Best Magazine, four battery associations “representing the entire lead battery value chain” have joined together with an organization called the Protecting Every Child‘s Potential (PECP) initiative to protect children from exposure to lead. The International Lead Association (ILA), the Battery Council International (BCI), the Association of European Automotive and Industrial Battery Manufacturers (EUROBAT), and the Association of Battery Recyclers (ABR) have pledged to help advance PECP’s mission.

Did you know that, according to the U.S. Energy Information Administration (EIA), the total electricity net generation has almost doubled since 1980? However, it peaked around 2005 and has remained pretty stable since then. Surprisingly, residential consumption in the U.S today amounts to about 40%. This compares to Germany’s 26% and China’s 15%.

Talking about electricity consumption, did you know that German electricity prices rose 51% between 2006 and 2018? This coincides with their big renewable energy push and the shutting down of fossil fuel plant. German electricity prices top the world ranking at US$ 0.39 per kWh compared to the UK’s US$ 0.27 and the USA’s US$ 0.16. Source: Federal Association of German Energy and Water Industries.

Don’t you get annoyed when you have to hunt through charger cables to find the right one for a particular device.? Well, did you know that sanity may be on the way? The European Union (EU) has provisionally agreed that a USB Type-C charger cable must be used for all new portable electronic devices by the fall of 2024. Will the rest of the world follow suit?  Source: BBC.

Did you know that the cost of battery manufacturing is creeping up? Not taking into consideration some significant increases that will be the result of the current energy crisis, according to the U.S. Bureau of Labor Statistics, between 2003 and 2013, the price index rose by approximately 50%. Prices remained pretty stable for the next four years, but between 2017 and 2021, prices rose another 15%. Look for an increase of another 20% over the past year.

Did you know that, according to a former oil executive, we are in for a severe recession, given our dependence on that commodity? As reported by Fox Business, the former CEO of Gulf Oil says that “It’s going to make what’s happening in liquid fuels look like a speed bump in the shopping parking lot compared to what will happen in electricity.” He is also quoted as stating that “We’re shutting down coal plants, which I’m for.” “We’re decommissioning nuclear because people just don’t want nuclear in their back yard, even though the French get 85% to 90% (from nuclear), and natural gas is now $7, going to $10. So, we are going to have a huge spike in electric prices.”

I think we all know that we are going to have some power disruptions this Summer. When the generation capacity and fragile distribution system is overburdened by excessive demand, whatever the cause, things turn ugly. Are you prepared for that blackout or brownout that’s around the corner? It might be a good time to plan ahead and get that battery backup system. If you already have one, is it going to work when you need it? Maybe some maintenance might be a good idea, too.


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