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Figure 1. 1. Usage share of solar and wind energy, and other renewable and non-renewable energy sources in the energy production in USA at years 2014 and 2019. This graph shows an increase in the share of renewable energy sources, especially wind and solar during this timeframe. (Data are captured from [1]) Currently, energy storage technologies are too expensive to be integrated with wind and solar power plants. A recent report by the US Department of Energy (DOE) states that the average of total cost of current energy storage technologies varies between 450 and 1000 $/kWh. As shown in Figure 1. 2, this is more than the target cost of 100 $/kWh. [4] Currently, the cheapest energy storage technology is the Li-ion battery; however, the gap between RFBs and Li-ion batteries is closing. It is projected that in near future, RFBs can surpass the cost of Li-ion batteries, reach the 2PDF Image | Analysis of Fluid Flow in Redox Flow Batteries
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