Matthew Griffin, described as “The Adviser behind the Advisers” and a “Young Kurzweil,” is the founder and CEO of the World Futures Forum and the 311 Institute, a global Futures and Deep Futures consultancy working between the dates of 2020 to 2070, and is an award winning futurist, and author of “Codex of the Future” series. Regularly featured in the global media, including AP, BBC, Bloomberg, CNBC, Discovery, RT, Viacom, and WIRED, Matthew’s ability to identify, track, and explain the impacts of hundreds of revolutionary emerging technologies on global culture, industry and society, is unparalleled. Recognised for the past six years as one of the world’s foremost futurists, innovation and strategy experts Matthew is an international speaker who helps governments, investors, multi-nationals and regulators around the world envision, build and lead an inclusive, sustainable future. A rare talent Matthew’s recent work includes mentoring Lunar XPrize teams, re-envisioning global education and training with the G20, and helping the world’s largest organisations envision and ideate the future of their products and services, industries, and countries. Matthew's clients include three Prime Ministers and several governments, including the G7, Accenture, Aon, Bain & Co, BCG, Credit Suisse, Dell EMC, Dentons, Deloitte, E&Y, GEMS, Huawei, JPMorgan Chase, KPMG, Lego, McKinsey, PWC, Qualcomm, SAP, Samsung, Sopra Steria, T-Mobile, and many more.
WHY THIS MATTERS IN BRIEF
In the future homes won’t be powered by electricity from power stations – and there will be plenty of alternatives.
The energy industry is changing. Yesterday you were heating your home using gas from the gas grid, and in the far future you could be powering it with energy from a black hole. Kinda. In the interim though, between now and then, you’ll have a range of new energy options that let you end your reliance on fossil fuels. You’ve got heat pumps, solar panels, and zero energy materials that generate electricity for your home using the coldness of space, obviously, but how about hydrogen?
As expected, this decade looks like it’ll be shaped by renewable energy sources and battery technology. But while Tesla, for example, is already cranking out batteries as fast as humanly possible, other companies are getting into the home energy storage game too, companies like Australian tech company Lavo, which now has pre-orders open for its $30,000 hydrogen home batteries.
Aesthetically the batteries obviously look different to Tesla’s sleek Lithium-Ion based Powerwall home batteries and look like a combination of gaming console and vending machine – the giant silver tanks that Lavo’s team members holding in the in the picture below are the hydrogen containers that slot into the system.
According to Lavo its home batteries are “designed for everyday use and can be used by residential homes and businesses alike.”
They’re also capable of holding enough charge to power the average residential home in Australia for two days. The company also says the batteries don’t need hydrogen to be stored as a gas or liquid which would require extreme pressures or cold temperatures and cause an obvious hazard – something that the crew of the Hindenburg blimp which was full of explosive hydrogen before it caught fire and blew up knows all too well …
Lavo’s system works by drawing in water and using electrolyzers to separate it into its constituent atoms, namely hydrogen and oxygen. The system then stores the hydrogen in its solid state as a metal hydride powder in the silver tanks which can then be run through a traditional fuel cell to generate electricity.
“We’re very excited to be building the next generation of energy storage in Australia alongside the leading researchers at the University of New South Wales and our world-class manufacturing partners,” Lavo’s CEO, Alan Yu, said in a press release. “Lavo’s technology is truly a game changer for the energy storage market and we believe it will have a real positive impact on the way people power their lives.”
All this said though prospective buyers will not only have to shell out $30,000 for one of these things but they’ll also wait until September 2022 to receive it, unless they order the most expensive version that is which will start shipping later this year.
On top of that it’s also possible that hydrogen batteries may not work as well as Tesla’s Lithium-Ion ones because they need energy to produce their hydrogen in the first place. But now at least you have another option to power your home or business … until black hole energy arrives.