The search for reliable grid-scale energy storage that does not necessitate massive civil engineering projects continues.
As last year’s euphoria over compressed air energy storage has deflated, current bets are on shipping containers full of lithium-ion batteries.
However, another technology has some potential. Flow batteries aren’t yet common, but they have a worldwide influence, attract investment, and appear to work. Flow Batteries can be used to optimise stored energy usage and save money because of their ability to store and release energy over a long period. At the same time, the Flow Battery system represents energy supply stability and sustainability. It protects against failures, which is vital in the industrial sector and key infrastructure, and is well-suited to balance the volatility of renewable energy sources.
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.
