WWR's graphite's demonstrated purity rate
WWR's graphite projects include over 1.8 million tons of indicated graphite resource
the amount of graphite material that WWR has purified to date
The Path to Drawdown: Energy Storage
On the path to electrify everything, the world needs more renewable sources of energy. But also needed are energy storage systems and batteries. Because the two dominant sources of renewable energy - solar and wind - are intermittent (they only generate electricity when the sun is shining or the wind is blowing), their supplies often don’t match their demand.
The conventional way of supplying power when the demand for electricity peaks is for utility companies to fire up “peaker” plants. But most peakers run on natural gas and are highly polluting.
A wider adoption of utility-scale and distributed energy storage systems and batteries is the answer. Utility-scale energy storage is the use of technologies and practices to store energy on a large scale, often managed by utility, industrial and power companies. Distributed storage systems are smaller in scale and use standalone batteries and electric vehicles (EVs) to store energy. Distributed systems are usually managed at the level of residential and commercial buildings.
Neither of these solutions directly help cut greenhouse gas emissions, but they both facilitate the development of more renewable energy sources and ultimately smooth the transition in the energy system.
While Project Drawdown doesn’t model the growth of energy storage so as to avoid double-counting with renewable energy solutions, it’s clear that their production and adoption need to accelerate, and their cost needs to fall to accelerate the shift to a zero-emission grid.
Westwater Resources, Inc. (stock tickerL WWR) operates as an energy materials developer. The company holds interests in Coosa graphite project covering an area of approximately 41,965 acres situated in Coosa County, Alabama. The company was formerly known as Uranium Resources, Inc. and changed its name to Westwater Resources, Inc. in August 2017. Westwater Resources, Inc. was incorporated in 1977 and is based in Centennial, Colorado.
WWR's Role in Drawdown
Westwater Resources generates 100% of its revenue from selling battery-ready graphite materials, a key component in battery construction.
WWR: What We Like
We'll update this section once Westwater Resources makes sustainability information available.