Vanadium Redox Flow Battery uses vanadium electrolyte to store energy
The Vanadium Redox Flow Battery uses vanadium electrolyte to store energy and enable wider use of renewable power generation such as wind and solar. Vanadium’s role in the growing energy storage is expected to increase dramatically over the coming years.
Large scale deployments of vanadium redox flow batteries are underway across the globe, with many others being planned or under construction.Ensuring a strong supply of quality vanadium products will be key to the uptake of energy storage for large amounts of power over a long time duration. This will supplement the traditional markets for vanadium as the requirements for high quality steel continue to increase.
Understanding the demand profile for Vanadium products as defined by the growth expectations of energy storage generally Sharing, and where possible assisting through research, with chemical and technical information that will ensure survival and Vanadium based technologies in energy storage against competing technologies.Developing an understanding of minimum standards for Vanadium products used in energy storage technologies.