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under varying scenarios of fractional new vanadium supply going toward VRFB deployment. Where applicable, the resource limit (i.e., the case where all the global vanadium is mined) under each fractional scenario is shown as a vertical dashed line. Figure IV-3 – Compound annual growth rate (CAGR) of vanadium production needed to achieve various amounts of cumulative VRFB deployment by 2030 (a) and 2050 (b), relative to 2020, based on various scenarios of new fractional production routed to VRFB production over other applications (various shades of blue). The 2050 plot also shows the resource limit under each scenario (vertical dashed lines). The black horizontal lines show relevant historic CAGRs. 73PDF Image | Bringing Redox Flow Batteries to the Grid
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