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Current policy The European Commission has adopted a number of measures to enable storage, notably through the Clean Energy Package. “fit for 55” package proposed by the Commission in July 2021 will further drive demand for storage (inter- alia through more ambitious renewable energy target for 2030) Some of the SET-Pan targets for battery performance have nearly been reached, but there are still open issues. For example, in order to achieve the goal of 0.05€/kWh∙cycle stated in the SET-plan, the operating life time of an all- vanadium flow battery would have to increase to more than 25 years, due to the high costs of vanadium (vanadium costs = 60 – 80€/kWh). These time frames are far from technical periods of amortisation, which are usually 5 to 10 years for storage batteries. In order to meet these economic goals in the SET- plan while also enabling mid- and long-duration energy storage, R&I funding is required for new and more durable storage materials and new recycling technologies or more durable storage materials. Development of a policy brief: who was involved? The FLORES Network of Flow Battery Research Initiatives is made up of 14 EU-funded projects, with 89 participating organisations and a total funding of >€41 million. The network aims to increase the visibility and impact of flow battery technology. FLORES research expertise Ć Modelling electrolite chemistry Ć Modelling cell/stacks Ć New active materials ĆNew electrolyte chemistry Ć New cell/system concepts Ć New control agorithm & power Ć Techno-economic modelling Ć LCA/LCC Ć Recycling Its expertise covers the entire value chain from modelling and material research through to prototypes and recycling and includes several different RFB variants. Bi3Boost FlowBat Bi3Boost FlowBat Bi3Boost FlowBat 4 Flow battery systems and their future in stationary energy storagePDF Image | Flow battery systems future in stationary energy storage
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