In the coming decades, renewable energy sources such as solar and wind will increasingly dominate the conventional power grid. Because those sources only generate electricity when it’s sunny or windy, ensuring a reliable grid — one that can deliver power 24/7 — requires some means of storing electricity when supplies are abundant and delivering it later when they’re not. And because there can be hours and even days with no wind, for example, some energy storage devices must be able to store a large amount of electricity for a long time.
A promising technology for performing that task is the flow battery, an electrochemical device that can store hundreds of megawatt-hours of energy — enough to keep thousands of homes running for many hours on a single charge.
Ferro-Alloy Resources Ltd (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.
