The fears of peak lithium are greatly overblown. New mines are coming online now that the element is in higher demand and the price is going down.
But that's only one of many energy storage technologies that can be used for batteries. It's popular for mobile/portable uses because it has high energy density, but that's not really necessary for grid-scale energy storage; whatever's cheapest will do (which may well be pumping water uphill).
But that's only one of many energy storage technologies that can be used for batteries. It's popular for mobile/portable uses because it has high energy density, but that's not really necessary for grid-scale energy storage; whatever's cheapest will do (which may well be pumping water uphill).