How are vanadium flow batteries expected to transform the way energy is stored and generated around the world?
Vanadium batteries will enable more efficient use of electricity by enabling better matching of supply and demand. This will enhance the efficiency and utilization of renewable generation such as solar and wind, as well as conventional generation from fossil fuels and nuclear power. Vanadium flow batteries will likely be used in residential, commercial and industrial buildings, as well as integrated into electricity supply networks.
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.
