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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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Outcomes and impacts (all RFB technology areas) The mid-term outcome of targeted R&D funding and regulatory change will be that existing and new RFB systems will become more commercially viable due to reduced cost and improved durability. RFB systems have a further advantage in terms of easier maintenance, recyclability and reusability. The implementation of large-scale demonstrators will help to generate valuable data and operation knowledge in applications beyond the regulatory framework. This will help to shape legislation and improve market mechanisms for a more resilient energy supply with highly intermittent power sources. The increased utilization of renewable power sources will help to prevent curtailments and reach climate goals more easily while maintaining the necessary energy security. Mid-duration storage solutions are one of the most easily implementable flexibility options to meet energy demand and supply, which could have significant benefits for the peak-shaving and peak shifting of renewables, especially photovoltaic power generation. This will lead to new business models and opportunities. Mid-duration storage options like flow batteries must therefore become an integral part in roadmaps, providing a broader view on the energy storage landscape including the added value of RFBs, and new tools for evaluating the technicality of storage for different application fields. In the longer-term the specific advantages of RFBs will contribute to EU strategies, e.g. Ć Circular economy, as the use of fluids as a storage medium gives RFBs a recycling advantage over other battery types. Ć Industrial sovereignty and leadership in energy storage, as the whole RFB value chain is based in the EU, including numerous start-ups fulfilling the European Industrial Strategy. ĆEU independence of critical raw materials implementing resources which are not on the list of strategic materials of the European Raw Materials Alliance (ERMA). 10 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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