Clean and sustainable energy offers a real answer to today’s energy crisis. But it takes a lot more than just solar farms and wind turbines for renewable energy to benefit society and environment. Progress in the field hinges on the inherently random and intermittent nature of renewables. Storing excess electricity is essential for creating a more flexible and reliable grid system or for backing up stand-alone energy systems.
However, current energy storage technologies do not satisfy the complex set of technological, environmental and economic requirements set by the renewable industries.
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.
