If this battery takes off as a competitor to Li-ion the world's gonna need a LOT more Vanadium... Standard Energy first to commercialize fire risk-free 'vanadium ion batteries' July 1, 2022 Electric vehicle charging stations uses system power and VIB ESS power at the same time. Cheap electricity at night is stored in VIB and used to charge electric vehicles during peak hours when electricity prices are high. The charging output is up to 200kW, which is four times higher than existing fast charging facilities (50kW level). It takes about 22 minutes to fully charge the Ioniq 5 (72㎾h class). Even while charging, VIB temperaturesare maintained around 25 degrees.
Standard Energy has set a goal of acquiring 50% of the global ESS market share. CEO Kim said, “The introduction of ESS is essential not only for electric vehiclecharging stations, but also for upgrading the power grid for industrial, power generation, and home use," and declared, “We will compete using VIBs that are safe from fire hazards and has high energy efficiency." Standard Energy plans to secure an annual 1GWh production capacity within two years. https://english.etnews.com/20220704200002 https://stndenergy.com/en/battery/
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