While the Li-ion energy storage market has seen unprecedented growth, to the point of element shortages, Vanadium may be the better technology for several grid-connected applications.
It now appears that the vanadium has a shot a taking the lead in energy storage for grid-connected applications, large-scale energy storage operations, and any operation whose chief concerns are sustainability and safety.
Vanadium, an element previously used to create strong steel alloys, is now being recognized as a key component in safer, longer lasting batteries. Currently, there are no significantly active vanadium mines in North America and even with the surge in demand, most supply still comes from China, Russia, or Africa.
As the world begins to rely more and more on renewable sources of electricity, long-term grid storage is proving …View the full post at: Vanadium Could End Up Taking A Lead in Energy Storage for Grid-Connected Applications …
Related Articles:
BTCY Could Be Worth $9+ as Medical Device Roll-Out Is Ahead Of Schedule
Big Cannabis Seeking Organic Options to Promote Quality Over Quantity
SenseiTrade Introduces Dollar-Based Investing, Enabling Real-World Investing in U.S. Equities
China’s Fertilizer Shortage Giving Global Producers a Boost
