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Market and Technology Assessment of Flow Batteries for Developing Economies

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Abstract:

Flow batteries are a form of long duration energy storage; a set of technologies with potential performance benefits that could be crucial for the provision of reliable zero-emission electricity from variable renewable energy sources. They represent a small and relatively immature market with enormous growth potential in many developing economies – for deployment and manufacturing.

The report is targeted at:
  • In-country owners, operators and developers of power systems looking to expand solar and wind energy on less reliable grids;
  • Owners of mining operations, large industrial facilities and data centres that require reliable power;
  • Energy storage professionals who are considering alternatives to lead-acid and lithium-ion, but are unsure of the different technologies available;
  • Battery manufacturers and raw material producers who are considering developing their own local battery products but are unsure of the material flows and potential for local supply chains.

This report was funded by the UK government via the Ayrton Fund. The report supports the delivery of the Ayrton Challenge on Energy Storage.

Publication Year:

2025

Publisher:

Faraday Institution

DOI:

No DOI minted

Author(s):

Foresight Transitions Ltd

Language:

English

File Type:

application/pdf

File Size:

4149000 B

Rights:

Rights not recorded

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Further information:

N/A

Region:

World

Publication Type:

Research Report

Theme(s):

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