A domestic vanadium flow battery

Aug 3, 2020 12:20 PM ET
  • Flow battery manufacturers typically go after energy scale storage projects but German start-up VoltStorage is targeting the house market.
A domestic vanadium flow battery
Image: Invinity

Munich-based residential vanadium redox flow battery start-up VoltStorage has secured an additional $7 million from capitalists including the Bayern Kapital subsidiary of the development bank of Bavaria; family members investment house Korys; the EU-backed EIT Innoenergy, New Jersey-based equity capital fund and also seed investor SOSV and also Zurich power company Energie 360.

The company asserts its flow battery system can finish more than 10,000 cost cycles with no impact on capability as well as claims its electrolyte is a recyclable, non-flammable vanadium solution. VoltStorage's modular device apparently supplies a constant power score of 1.5 kW as well as nominal energy of 6.2 kWh. The system comes with a ten-year warranty.

More than 20 flow battery chemistries, consisting of zinc-bromine, zinc-iron, zinc-cerium as well as magnesium-vanadium have been studied with vanadium redox the closest to broad commercialization. Vanadium, the leading expense in the electrolyte, is a metal mined in Russia, China and South Africa although there are gets in the U.S. and Canada. It is utilized predominantly as a steel additive. Flow battery makers consist of Washington-based UET, Montana's Vizn, California-based Primus, Japan's Sumitomo, Anglo-Canadian Invinity Energy Systems-- created after the current merging of California's Avalon and U.K.-based redT-- and Form Energy

Flow batteries flow a fluid electrolyte via stacks of electrochemical cells as well as have long held the pledge of 10-hour period, 10s of hundreds of cycles, minimal degradation and no limitation on deepness of discharge. That performance assurance has tempted equity capital investment and also R&D but, so far, the support has generated couple of affordable commercial flow batteries.

Vanadium flow battery makers have actually gone for mass-commercialization of their longer-duration systems for 20 years but have never had the ability to reach volumes of scale. The high fall in the rate of lithium ion batteries has not aided market infiltration for rival technologies. Bermuda-based property manager Lazard has actually calculated, nevertheless, the levelized cost of keeping electrical energy in some redox flow projects currently overlaps that of lithium-ion batteries. Lazard claimed sales of vanadium flow batteries have actually grown from dual numbers to just over 200 MWh of mounted storage capacity. That number is still meager, though, alongside the quantity of lithium ion storage released.


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