While much of the hype around energy storage has been around lithium-ion batteries, which have a wide array of uses there is a need for bigger batteries that are able to store much more energy.
The VRFB is emerging as a solution to the challenge faced by the renewable energy generation sector for storing energy – as the energy is not always generated at the same time as peak demand occurs.
This means that VRFBs, which truly excel when storing energy for longer periods of time, such as three hours or more, unlike lithium-ion which prove more economically viable for energy storage over shorter periods of time, can be used to store energy for use at peak load times on conventional energy grids or when the renewable energy system is not producing energy.
For example, this would be when the sun is not shining or the wind is not blowing in the case of solar and wind power, respectively.
Blue Star Capital is an investment Company with a focus on new technologies. The Company focuses on businesses that have the capacity for substantial growth and increase in value. Blue Star Capital’s geographical focus is predominately UK companies but the Board will also consider investments in Mainland Europe. The Company can take positions in investee companies by way of equity, debt or convertible or hybrid securities. The Company is subject to the UK City Code on Takeovers and Mergers.
