The peak load regulation of power grid has always relied on pumped storage power station. In the past two or three decades, pumped storage power stations in developed countries have developed more and more rapidly. As the pumped storage power station needs to build upper and lower reservoirs, it is greatly limited by geographical conditions, so it is not easy to build in plain areas, and it covers a large area and has high maintenance cost. The vanadium battery storage power station is not limited by geographical conditions, with free site selection, less land occupation and low maintenance cost.

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It can be expected that with the development of vanadium battery technology, vanadium battery storage power station will gradually replace pumped storage power station and play an important role in power grid peak shaving.