Exploring the growth of the redox flow battery market

The redox flow battery market is growing. After more than 40 years of research, and 20 years of testing and demonstration projects, the flow batteries are now technologically ready to compete on the energy storage market. With a forecasted CAGR of 30% in the next years, this technology is looking to have all the characteristics to address each segment of the energy storage market, from residential to grid-scale application.

In fact, the high safety level and the ease to recycle each component of a flow battery, make this technology very promising in large scale applications, and in a futuristic circular economy.

Bushveld Minerals Limited (LON:BMN), together with its subsidiaries, engages in the exploration and development of mineral projects in South Africa. It operates through three segments: Vanadium and Iron Ore, Coal Exploration, and Vanadium Mining and Production. 

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    Twitter
    LinkedIn
    Bushveld Minerals

    More articles like this

    Bushveld Minerals

    Winner: Excellence in battery metals – Bushveld Minerals

    The Bushveld Energy business model is anchored in Bushveld Minerals’ low-cost production platform and smart partnerships along the VRFB value chain. In 2018, we delivered our first VRFB project in South Africa, a battery with peak

    Bushveld Minerals

    Battery metals: Long term demand remains strong

    Vanadium – the key to renewable energy storage According to AIM-listed Bushveld Minerals, a low-cost, vertically integrated primary vanadium producer with assets in South Africa, Vanadium currently benefits from having two strong uses driving its demand.

    Bushveld Minerals

    Vanadium is essential for renewables in a circular economy

    Environmental stewardship, one of the themes of the World Economic Forum on Africa in in Cape Town this week, is not usually associated with the extractive industries. However, that perception is incorrect. Metals and minerals are

    Bushveld Minerals

    Redox flow batteries for renewable energy storage

    As energy storage becomes an increasingly integral part of a renewables-based system, interest in and discussion around non-lithium (and non-pumped hydro) technologies increases. A team of experts from CENELEST, a joint research venture between the Fraunhofer

    Bushveld Minerals

    Vanadium can boost South African mining, says GlobalData

    “Vanadium, which is used in the manufacture of hard and strong lightweight alloys, and also in the manufacture of superconductive magnets, appears likely to boost the mining industry.” According to Bushveld Minerals technical adviser Dr Richard Viljoen, South Africa has, in

    Bushveld Minerals

    Exploration is key for South Africa’s mining sector

    South Africa has come to be known for its lack of exploration capacity in a mining context, although there are several opportunities to turn this perception around according to PwC South Africa Partner Andries Rossouw. Going

    Bushveld Minerals

    Uses of Vanadium: Vanadium Redox Flow Battery (VRFB)

    A crucial part of the future of renewable, clean energy, Vanadium Redox Flow Batteries are a type of rechargeable battery that is particularly suited for community-scale green energy storage.  VRFB is just one of the many

    Bushveld Minerals

    Redox flow battery

    Energy storage – different technologies Energy storage is becoming a more necessary good in our daily lives and increasingly in the near future. Whether it is to power our vehicles and phones, to utilise the energy

    Bushveld Minerals

    Shining a light on VRFB for energy storage applications

    While the majority of current vanadium demand underwritten by the steel industry as an additive to strengthen various grades of steel, a small, yet increasing amount of vanadium demand is being taken up by the global

    Bushveld Minerals

    The performance of a VRFB with non-uniformly compressed electrodes

    Electrical energy storage technologies are an important solution for a mismatched problem between the distributed intermittent power generation (like solar and wind power) and stabilization of the local grid electricity supply. Among various energy storage techniques,

    Bushveld Minerals

    Federal Support for Electricity Storage Solutions

    Energy storage has the potential to fundamentally transform the way we produce and use electricity, just as the refrigerator was a game-changer for food. However, the private sector is not making the needed investments in electricity

    Bushveld Minerals

    Bushveld Minerals advances VRFB plans through Enerox deal

    Aim-listed Bushveld Minerals’ 84%-owned subsidiary Bushveld Energy has signed a term sheet agreement with CellCube Energy Storage Systems to acquire all issued shares in Enerox for €11-million. A Bushveld Energy-led consortium has been granted exclusivity until

    Bushveld Minerals

    Bushveld Minerals positioned to achieve production target

    Bushveld Minerals (LON:BMN), the AIM quoted, integrated primary vanadium producer, with ownership of high grade vanadium assets, has provided an operational update for the three months ending 30 September 2019 , in respect of Bushveld Vanadium, Bushveld

    Bushveld Minerals

    Bushveld secures footing in downstream energy storage sector

    Bushveld Minerals has secured a foothold in the downstream energy business after agreeing to supply $5m in a convertible loan to UK-listed Avalon Battery Corporation which is merging with redT energy, another UK business. Avalon Battery