To add some news, here’s an excerpt from a media piece on...

To add some news, here’s an excerpt from a media piece on vanadium published last week (30/07/23) on the June International Flow Battery Forum in Prague  - which was attended by TMT’s diligent business development person [ Jason Barnett ].

I had not realised that connecting wind turbines to flow batteries offered such big advantages! ?

cheers

https://cen.acs.org/materials/energy-storage/Flow-batteries-forgotten-energy-storage/101/i25

… … “The sweet spot for flow batteries is providing between 10 and 36 h of energy—a range known as interday—when power grids don’t have enough electricity to meet demand, Invinity’s CEO, Larry Zulch, said at the conference. ​

This interday matchup of flow batteries with energy demand means “the killer app for flow batteries is wind,” Zulch said. ​

When paired with wind power, Invinity’s batteries can deliver power at 25–30% less cost than lithium-ion systems, he claimed.​

By 2030, flow batteries could be storing about 61 MW h of electricity each year and generating annual sales for producers of more than $22 billion, Zulch said.​

“We have a big opportunity here. The numbers are staggering.” Energy companies are obvious customers. Utilities such as wastewater treatment plants are also seeking energy security and want to avoid peak-time electricity tariffs….”​