Unfortunately the VRFB demand will be much lower the higher the spot price goes. With lithium batteries becoming cheaper and cheaper, and V price going up, the uptake will be slower. I'd expect VRFB demand to be delayed until more production comes online and the price drops back into the low teens which makes the costs more acceptable.
The high price is a blessing and a curse...
Unfortunately the VRFB demand will be much lower the higher the...
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