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Long-Duration Energy Storage and Redox Flow Batteries

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Long-Duration Energy Storage and Redox Flow Batteries ( long-duration-energy-storage-and-redox-flow-batteries )

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• Six+ hours of flexible discharge • High cycling ability • A system design life of 20 years • Ability to size energy and power independently • Ability to respond faster than traditional generation, such as gas peakers and pumped hydro, and to switch between charge and discharge modes rapidly; this empowers the customer to flexibly switch between services to maximise revenues • Mildly alkaline, aqueous electrolytes that are safe (nonflammable, noncorrosive and stable) • Competitive TCO These attributes provide optionality and flexibility. GridStar Flow can switch between applications over the course of an operating day – providing, for example, frequency regulation in the early morning, smoothing ramps in late morning, bulk absorbing renewables in the afternoon, smoothing ramps in the evening and discharging in the late evening. Each operation constitutes a value stream. The owner can optimise GridStar Flow to stack these value streams, maximizing ROI and increasing reliability. In addition, GridStar Flow’s extended duration enables optimising daily operation while targeting a peak event several days in the future. GridStar Flow can be strategically sited at constrained points, allowing it to function as a Non-Wires Alternative to capital-intensive traditional transmission and distribution projects. Since the battery is assembled on site from manufactured components, it has less scope, schedule and budget risk than traditional wires projects. GridStar Flow is a fossil-free alternative to traditional peaking options, such as internal combustion engines or gas turbines. Unlike traditional peakers, it does not generally require air quality permits, gas pipeline access or on-site diesel fuel. In active mode, its response time compares favorably to internal combustion engines – which reach full load in under two minutes, and to gas turbines – which reach full load in under 10 minutes. Since it can flex across applications for extended durations, it may have greater ability to stack value than traditional peaking units, which are constrained by efficiency, fuel availability and fuel prices. Fuel independence means GridStar Flow is always ready to supply peaking energy; there is no dependence on pipeline capacity or on-site fuel. Finally, the optionality and flexibility built into GridStar Flow’s design enable its applications to evolve with the grid’s needs – reducing the potential for stranded costs. Combined, these attributes make GridStar Flow a compelling alternative at a competitive TCO. By placing a priority on long-duration technologies, such as GridStar Flow, the Australian federal government will fill an important gap left by existing storage technologies and address the challenges of integrating large amounts of renewables across geographically diverse regions in Australia. C. WORKING TOWARDS PRIVATE INVESTMENT Lockheed Martin acknowledges the important role played by government programs in promoting uptake of emerging technologies, with multiple successful projects supported by ARENA, the Clean Energy Finance Corporation or both. In several cases, these projects have also worked closely with the region’s state government departments and are viewed worldwide as successful examples of energy innovation. Focused programs such as ARENA’s Advancing Renewables Program provide the Australian government with an ongoing opportunity to focus on projects which increase the value delivered by renewable energy, such as providing dispatchable renewable energy, improving grid reliability and reducing costs to end users; whilst proving the technology and commercial readiness of emerging technologies, such as long- duration energy storage. Ongoing government support of these programs, in targeted areas such as energy reliability, will continue to accelerate the Australian uptake of new enabling technologies. This will help build local skills and jobs, leading to further investment by the private sector as technology matures, costs reduce and the market demands for storage continue to increase. D. ACHIEVING SCALE - INFRASTRUCTURE, SKILLS, REGULATION AND PLANNING Careful consideration should be placed on technology scalability in addition to planning for skills development, infrastructure build and policy or regulatory requirements when selecting priority technologies. An important element in scaling up projects is establishing strong industry ties to enable local industry to play a role, from supply of components and skills, to engineering and design services. Lockheed

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Salgenx Redox Flow Battery Technology: Salt water flow battery technology with low cost and great energy density that can be used for power storage and thermal storage. Let us de-risk your production using our license. Our aqueous flow battery is less cost than Tesla Megapack and available faster. Redox flow battery. No membrane needed like with Vanadium, or Bromine. Salgenx flow battery

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