LISA: Assess the Economic Potential of Extracting Lithium from US Geothermal Sources
A tool for evaluating the economic viability and supply chain impact of extracting Lithium from US geothermal sources in various EV scenarios.
Technology No. CW-21-39
This interface allows users to assess the economic potential of extracting Lithium from US geothermal sources, the viability of geothermal Lithium extraction as an investment in the US, and the potential impact of Lithium supply from US geothermal sources on the supply chain. The model considers global demand and different electric vehicle (EV) scenarios. By inputting different scenarios, users can observe changes in output variables such as prices, supply and demand balance, and financial benefits. The goal is to understand the Lithium supply chain and the implications of geothermal extraction techniques. This research focuses on the impact of US geothermal sources on the global supply chain, specifically looking at the investment viability of Lithium extraction technology and the potential supply chain impact of extracting Lithium from geothermal brines. Our solution provides insights into the global Lithium market and aims to increase our visibility in the field of systems thinking/modeling research.
GitHub repository: https://github.com/IdahoLabResearch/LISA
GitHub repository: https://github.com/IdahoLabResearch/LISA