Vanadium flow batteries are emerging as a game-changing technology for storing and dispatching renewable energy, providing a solution to the intermittent nature of solar and wind power. While skeptics have criticized these green energy sources for their inability to generate electricity round the clock, flow batteries can store and release energy for extended periods of time, lasting anywhere from 10 to 18 hours.
One of the key advantages of flow batteries, according to industry experts, is their longevity. Unlike the lithium-ion batteries currently used for short-term energy storage, flow batteries can last for decades without catching fire. This makes them a reliable, long-term solution for powering the grid, rather than just serving as a backup during peak energy demand.
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.
