Energy storage systems based around vanadium redox flow batteries (VRFBs) are being developed for residential use in Australia by partners Australian Vanadium (AVL) and Gui Zhou Collect Energy Century Science and Technology.
AVL made an announcement of the news to the Australian Securities Exchange yesterday. While the vast majority of new household battery systems are based around lithium-ion, an AVL representative told Energy-Storage.news that the advantages of a flow battery could include the ability to “store a lot more energy”, while the product is “inherently non-flammable”. The spokesperson also pointed out that the vanadium electrolyte can be reused at the end of the battery’s mechanical lifetime.
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.
