Rows of huge tanks full of chemical solutions storing energy generated from massive solar and wind farms and powering whole cities: It’s a landscape that millennials might very well equate with the new normal.
Batteries will power this new paradigm, and they won’t necessarily all be lithium-ion batteries. The flow battery is staking a claim in the renewable energy world of the future.
What are flow batteries? They are systems of two connected tanks, both containing electrolyte liquids: one with a positively charged cathode and the other with the negatively charged anode, just like a lithium-ion battery. Electricity passes from one electrolyte liquid to the other via a membrane between the tanks.
Ferro-Alloy Resources Limited (LON:FAR) is developing the giant Balasausqandiq vanadium deposit in Kyzylordinskaya oblast of southern Kazakhstan. The ore at this deposit is unlike that of nearly all other primary vanadium deposits and is capable of being treated by a much lower cost process.
