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Flow battery systems future in stationary energy storage

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Flow battery systems future in stationary energy storage ( flow-battery-systems-future-stationary-energy-storage )

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Starting point Redox flow batteries (RFBs) are a versatile energy storage solution offering significant potential in the transitioning energy market. However, they often fall beneath the radar of policy makers and end users, in part because they are considered as an immature or emerging technology. This is despite one RFB system – all- vanadium storage – gaining a significant market over the last decade. The largest known RFB storage system today - with 800MWh – has been constructed recently in the Chinese province of Dalian in 2021. Flow battery industry: There are 41 known, actively operating flow battery manufacturers, more than 65% of which are working on all-vanadium flow batteries. There is a strong flow battery industry in Europe and a large value chain already exists in Europe. Around 41% (17) of all flow battery companies are located within Europe, including five start-ups working with emerging and new RFB systems. A strong economic backbone of material suppliers has evolved over time; for example, three of the largest carbon electrode producers1 and two larger membrane producers2 are located in Europe. Europe is a major development hub for RFB technology 6 3 5 All-vanadium Zinc-bromine Organic Other technologies No. of companies worldwide working on different RFB systems Location of flow battery companies 2 2 2 2 3 5 8 1 SGL Carbon, Mersen, Zoltek 2 Fumatech, Solvay, 17 27 EU China Canada South Korea USA Australia Japan Rest of the World 2 Flow battery systems and their future in stationary energy storage

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Flow battery systems future in stationary energy storage

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FLORES-Policy-Brief_October-2021.pdf

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