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100 $/KWh cost goal for energy storage devices and be the first feasible grid-scale energy storage technology to be implemented with solar and wind power plants. Figure 1. 2. Average of the total implementation project cost of various energy storage systems in 2018. The projected cost for the same systems in 2025 is also illustrated. Currently, the cheapest energy storage technology is the Li-ion battery. (The data are obtained from [4]) The advantages of RFB systems over other energy storage technologies include a longer lifetime (15~20 years compared to Li-ion battery’s lifetime of 4~5 years), independent electrolyte storage and power unit, and convenient sizing of energy components. [2–4] However, they are expensive due to their low energy density, and high-cost active species. RFB systems also have non-uniform 3PDF Image | Analysis of Fluid Flow in Redox Flow Batteries
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