Vanadium flow batteries are a promising technology for storing renewable energy, as they have long lifespans, high safety, and scalability. However, they also have a high initial cost, which limits their widespread adoption.
The key component of a vanadium flow battery is the stack, which consists of a series of cells that convert chemical energy into electrical energy. The cost of the stack is largely determined by its power density, which is the ratio of power output to stack volume. The higher the power density, the smaller and cheaper the stack.
To achieve a high power density, the researchers from the Dalian Institute of Chemical Physics (DICP) of the Chinese Academy of Sciences (CAS) designed a 70 kW-level stack, which is more than twice as powerful as the current 30 kW-level stack.
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.