facebook

INDUSTRY NEWS

16
Aug

2017:Vanadium Flow Batteries 1/5 of Storage Market

A study conducted by Lux Research predicts that vanadium flow batteries could capture about 17 percent of the energy grid storage market by 2017, representing about $5.4 billion in potential revenue, assuming that developers can reach a target of $750 per kilowatt hour for a fully installed system by 2017.

The research study shows that the market price of vanadium will play a huge role in determining if the energy storage technology of employing vanadium flow batteries to store energy for power grids comes to fruition.

Source and Read More 

LATEST ARTICLES

The importance of South Africa as an energy storage market

Could South Africa be an important energy storage market in the making?

A change in president could signal a new era for energy storage in South Africa. New leader Cyril Ramaphosa is expected to restart a previously held back renewable energy programme and provide a more friendly environment to wary foreign investors. Previous leader Zuma was forced to resign under the mounting pressure of corruption allegations involving…

Read More

energy storage industry news

Would you like to receive energy storage industry news, free powerpoint presentations and opinion articles from our team?

YESand if I don't like it I will unsubscribe! MAYBE LATERI am busy now thinking all things energy storage