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Lithium Ion Vs Vanadium Redox Flow Storage Batteries

The Analyst (New Real Media)
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Published on 26 Nov 2022 / In News and Politics

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Lithium-ion battery technology has evolved over the last 40 years, and it now powers anything from small electronic devices to Tesla's 100MW battery farm in southern Australia.

However, large-scale Li-ion batteries are uncommon and other options like pumped hydro storage which accounts for 99 percent of today's grid storage will always be constrained by geographical and environmental limits.

So there is a need for something that could tackle all the hurdles in the power storage sector.

According to the scientist and professor Jim Conca, new technology is needed for utility-scale chemical batteries to take off, and that technology is the Vanadium Flow Battery Storage.

And in this video, we are going to dive deeper into this battery technology, its advantages over the Li-Ion batteries, and understand how Vanadium Redox Batteries will benefit the market and what kind of solutions it will provide to the EV industry. So, without any further delay, let's get into it.

According to Allied Industry Research's Renewable Energy Market Outlook, the worldwide renewable energy market is expected to increase dramatically to roughly $1.5 billion by 2025 as most nations pledge to lower greenhouse gas emissions that have a significant influence on the environment.

Renewable energy technologies transform energy from natural resources like the sun or wind into useful forms of electricity that can be used at any time, independent of weather patterns which demonstrates the potential for reliable energy storage systems to grow.

The use of energy storage batteries, which are designed to store energy that may be utilized later, has grown in recent years. While there has been little discussion regarding the safety of these batteries, the increase in fire incidents reported at energy storage installations suggests that open discussions about the safety of energy storage are necessary.

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