“The bottom line is that this is a good business decision. We will get back our money in eight to 10 years at the current price of power. As the price of energy goes up, we’ll pay it back even quicker.”
Australia-headquartered flow battery maker Redflow is continuing with a strategy of selling devices into the telecoms sector, agreeing on a second deal to repower mobile phone towers for a South African provider.
‘Hybridising’ energy storage systems by combining lithium-ion and flow batteries, shares the power and energy application workloads between the two types of battery and can prolong their life expectancy, a representative of Thai engineering firm TSUS Group has said.
First developed by NASA, flow batteries are a potential answer to storing solar – and wind – for eight to 10 hours, far beyond what is commonly achieved today with lithium-ion. In the second of a two-part special report, Andy Colthorpe dives deeper into questions of bankability, market segmentation and manufacturing strategies with four very different providers of flow energy storage technology.
The opening address and a handful of sessions took place on Monday for SPI/ESI at Anaheim Convention Center, California. While the two shows are national and international, it is expected there will be a great deal of attention paid to the state’s SB100 bill.
Just over US$28 million has been awarded by the US Department of Energy to projects that could deliver energy storage durations of up to 100 hours, while also committing US$120m to the Joint Center for Energy Storage Research (JCESR).
Redox flow energy storage systems, earmarked by Navigant Research to be one of the fastest growing electrochemical storage technology sets over the next decade, are being deployed in recent or upcoming projects by Cellcube Energy Storage Systems and Redflow.
First developed by NASA, flow batteries are a potential answer to storing solar – and wind – for eight to 10 hours, far beyond what is commonly achieved today with lithium-ion. In the first of a two-part special report, Andy Colthorpe learns what the flow battery industry faces in the fight for commercialisation.